Middlesex Federal Savings, F.A.

Somerville, MA
IDRSSD: 87579
Total Assets
$653.00M
Latest filing
Total Deposits
$579.78M
Latest filing
Net Interest Margin
4.05%
Profitability

Locations

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Main Office
Middlesex Federal Savings, F.A.
1 College Ave
Somerville, MA 02144
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1890FDIC Certificate 41202

Branches (3)

Page 1 of 1
NameAddressCity / State
Middlesex Federal Savings, F.A. (Main)1 College AveSomerville, MA
1196 BROADWAY BRANCH1196 BroadwaySomerville, MA
RIVERSIDE AVE BRANCH53 Riverside AveMedford, MA
NOVO BRANCH53 Riverside AveMedford, MA
Showing 3 of 3

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassFederal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS
Primary RegulatorOCC
Established Date01/01/1890
Community BankYes
Ownership TypeMutual
ZIP02144
State and County Number25017
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number01
Numeric code38
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameBoston-Cambridge-Newton, MA-NH

Operational Info

Number of Employees70
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitewww.middlesexfederal.com
Data Updated11/14/2025
CERT28368
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$653.00M
Total Deposits$579.78M
Total Liabilities$597.44M
Total Equity Capital$55.56M
Net Income$1.69M
Net Loans and Leases$522.02M
Assets Per Employee ($Millions)$9.33M
Bank Premises and Fixed Assets$1.83M
Cash and Balances due from Depository Institutions$21.50M
Deposits Held in Domestic Offices$579.78M

Key Performance Ratios

Return on Assets (ROA)1.03%
Return on Equity (ROE)12.42%
Net Interest Margin4.05%
Efficiency Ratio70.41%
Tier 1 Risk-Based Capital Ratio13.351%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.508%
Earning Assets to total Assets94.86%

Income and Expense

Total Interest Income$7.65M
Total Noninterest Income$372.00k
Total Interest Expense$1.34M
Total Noninterest Expense$4.71M
Net Interest Income$6.31M
Pre-tax Net Operating Income$1.98M
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$14.01M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$3.65M
Total Liabilities and Capital$653.00M

Securities

Securities$78.82M
Available-for-sale debt securities$58.08M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$14.93M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Middlesex Federal Savings, F.A.?
$653.00M as of the latest filing.
How much are Middlesex Federal Savings, F.A.'s total deposits?
$579.78M in total deposits.
Where is Middlesex Federal Savings, F.A. located?
Somerville, MA.
What is the Net Interest Margin?
4.05%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1890.
What is the Return on Assets (ROA)?
1.03%.
How much are total loans and leases?
$522.02M (latest filing).
What is the total interest income (latest filing)?
$7.65M.