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Washington Savings Bank
Lowell, MA · FDIC Certificate #90229 · Chartered 04/0
Total assets
$302.34M
Total deposits
$249.26M
Total equity
$29.34M
Net loans
$235.19M
Branches (offices)
2
Net income (YTD)
$345.00K
Rank: #2,457 of 4,213 U.S. banks by assets · #78 of 89 in Massachusetts. Assets changed 1.7% and deposits 7.7% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.23% |
| Return on equity | 2.42% |
| Net interest margin (YTD) | 2.66% |
| Equity to assets | 9.70% |
| Tier 1 leverage ratio | 9.65% |
| Uninsured deposits (share of deposits) | 14.9% |
| Noncurrent loans (share of loans) | 0.29% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 94.4% |
| Real estate loans (share of loans) | 100.4% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $236.15M | 100.4% | |
| Commercial & industrial | $207.00K | 0.1% | |
| Consumer / individual | $349.00K | 0.1% | |
| Construction & development | $5.22M | 2.2% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $272.35M | $234.51M | $741.00K | $23.19M |
| Jun 2023 | $282.83M | $244.97M | $288.00K | $25.15M |
| Jun 2024 | $285.06M | $229.25M | $136.00K | $26.55M |
| Jun 2025 | $297.26M | $231.54M | $106.00K | $27.36M |
| Jun 2026 | $302.34M | $249.26M | $345.00K | $29.34M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Massachusetts | $249.26M | 2 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $249.26M.
Similar-sized banks
Valor Bank ($302.59M) · Bank Of Franklin ($302.33M)
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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