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Salem Five Cents Savings Bank
Salem, MA · FDIC Certificate #23296 · Chartered 03/0
Total assets
$8.82B
Total deposits
$6.04B
Total equity
$1.01B
Net loans
$6.75B
Branches (offices)
34
Net income (YTD)
$41.47M
Rank: #184 of 4,213 U.S. banks by assets · #5 of 89 in Massachusetts. Assets changed 6.4% and deposits 5.1% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.96% |
| Return on equity | 8.41% |
| Net interest margin (YTD) | 2.58% |
| Equity to assets | 11.47% |
| Tier 1 leverage ratio | 10.52% |
| Uninsured deposits (share of deposits) | 18.3% |
| Noncurrent loans (share of loans) | 0.36% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 111.7% |
| Real estate loans (share of loans) | 82.3% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $5.56B | 82.3% | |
| Commercial & industrial | $867.46M | 12.9% | |
| Consumer / individual | $219.45M | 3.3% | |
| Construction & development | $499.87M | 7.4% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $6.26B | $4.76B | $17.65M | $718.72M |
| Jun 2023 | $6.96B | $4.98B | $36.80M | $790.27M |
| Jun 2024 | $7.54B | $5.38B | $24.91M | $852.80M |
| Jun 2025 | $8.29B | $5.75B | $33.20M | $915.62M |
| Jun 2026 | $8.82B | $6.04B | $41.47M | $1.01B |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Massachusetts | $6.04B | 34 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $6.04B.
Similar-sized banks
Metropolitan Commercial Bank ($8.86B) · Tompkins Bank & Trust ($8.79B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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