The Savings Bank
Wakefield, MA — State Savings Bank
Active
Vitals
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Total Assets538.0M 2.1 %
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Total Deposits438.1M 1.6 %
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Total Net Loans424.4M 3.2 %
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Net Income3.1M 51.1 %
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Book Value68.5M 4.2 %
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Book Value x2136.9M 4.2 %
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Book Value x3205.4M 4.2 %
Balance Sheet Highlights
| Financial Highlights | The Savings Bank | All Insured Savings Banks in Massachusetts |
| Balance Sheet $(000) | ||
| Total Assets | 538,040 | 761,274 |
| Total Net Loans | 424,354 | 592,852 |
| Total Deposits | 438,125 | 596,855 |
| Total Equity | 68,451 | 82,059 |
| Profitability | ||
| Net Income | 3,074 | 4,648 |
| Return on Average Assets | .586 | .538 |
| Return on Average Equity | 4.555 | 4.944 |
| Net Interest Margin | 3.086 | 3.143 |
| Efficiency Ratio | 87.411 | 77.098 |
| Noninterest Income/Revenue | 23.877 | 14.538 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 96.857 | 95.714 |
| Securities/Assets | .123 | .124 |
| Total Equity/Total Assets | .127 | .108 |
| Tangible Equity/Tangible Assets | .122 | .106 |
| Capital Adequacy | ||
| Tier 1 Common Capital | 60,991 | 80,540 |
| Tier 1 Capital | 60,991 | 80,580 |
| Tier 2 Capital | 6,108 | 5,839 |
| Total Capital | 67,099 | 86,408 |
| Total Risk Weighted Assets | 319,073 | 559,688 |
| Leverage Ratio | 11.53 | 10.827 |
| Common Equity Tier 1 Capital Ratio | 19.12 | 15.478 |
| Tier 1 Capital Ratio | 19.12 | 15.53 |
| Total Capital Ratio | 21.03 | 16.563 |
Timeline for The Savings Bank
Wakefield Bancorp Inc
Wakefield Bancorp Inc became a new parent organization for The Savings Bank.
View Profile Apr 30 2013
Quannapowitt Securities Corporation
Quannapowitt Securities Corporation became a new subsidiary organization for The Savings Bank.
View Profile Apr 30 2013
Wakefield Savings Security Corporation
Wakefield Savings Security Corporation became a new subsidiary organization for The Savings Bank.
View Profile Apr 30 2013
Tsb Insurance Services, Inc.
Tsb Insurance Services, Inc. became a new subsidiary organization for The Savings Bank.
View Profile Apr 30 2013
First Financial Trust National Association
First Financial Trust National Association became a new subsidiary organization for The Savings Bank.
View Profile May 13 2005
| Relationships | Role | Relationship Start | Relationship End |
| Wakefield Bancorp Inc | Parent | 4/30/2013 | |
| First Financial Trust National Association | Subsidary | 4/30/2013 | |
| Quannapowitt Securities Corporation | Subsidary | 4/30/2013 | |
| Wakefield Savings Security Corporation | Subsidary | 4/30/2013 | |
| Tsb Insurance Services, Inc. | Subsidary | 4/30/2013 | |
| First Financial Trust National Association | Subsidary | 5/13/2005 | 4/29/2013 |
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