The Savings Bank
Wakefield, MA
IDRSSD: 711801
Total Assets
$848.78M
Latest filing
Total Deposits
$742.79M
Latest filing
Net Interest Margin
2.53%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
The Savings Bank
357 Main St
Wakefield, MA 01880
Full Service - Brick and Mortar
Updated 11/14/2025Established 05/26/1869FDIC Certificate 17880
Branches (8)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| The Savings Bank (Main) | 357 Main St | Wakefield, MA |
| MAIN STREET BRANCH | 907 Main St | Wakefield, MA |
| COLONIAL SHOPPING CENTER BRANCH | 584 Main St | Lynnfield, MA |
| LAKESIDE BRANCH | 599 North Ave | Wakefield, MA |
| HIGH SCHOOL BRANCH (SEASONAL) | 60 Farm St | Wakefield, MA |
| ANDOVER BRANCH | 84 Main St | Andover, MA |
| SOUTH LYNNFIELD BRANCH | 1105 Summer St | Lynnfield, MA |
| METHUEN BRANCH | 17 Burnham Rd | Methuen, MA |
Showing 7 of 8
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | State chartered stock savings banks / S&L |
| Primary Regulator | FDIC |
| Established Date | 05/26/1869 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 01880 |
| State and County Number | 25017 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 01 |
| Numeric code | 41 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | Boston-Cambridge-Newton, MA-NH |
Operational Info
| Number of Employees | 106 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 11/17/2024 |
| Date of Deposit Insurance | 08/05/1985 |
| Primary Insurance Agency | DIF |
| Website | www.tsbdirect.bank |
| Data Updated | 11/14/2025 |
| CERT | 90291 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $848.78M |
| Total Deposits | $742.79M |
| Total Liabilities | $767.53M |
| Total Equity Capital | $81.25M |
| Net Income | $1.14M |
| Net Loans and Leases | $609.60M |
| Assets Per Employee ($Millions) | $8.16M |
| Bank Premises and Fixed Assets | $11.01M |
| Cash and Balances due from Depository Institutions | $10.02M |
| Deposits Held in Domestic Offices | $742.79M |
Key Performance Ratios
| Return on Assets (ROA) | 0.54% |
| Return on Equity (ROE) | 5.69% |
| Net Interest Margin | 2.53% |
| Efficiency Ratio | 92.98% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.573% |
| Earning Assets to total Assets | 93.29% |
Income and Expense
| Total Interest Income | $9.18M |
| Total Noninterest Income | $1.52M |
| Total Interest Expense | $4.19M |
| Total Noninterest Expense | $6.05M |
| Net Interest Income | $4.99M |
| Pre-tax Net Operating Income | $448.00k |
| Provision for Credit Losses | $9.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $6.70M |
| Other borrowed funds | $20.50M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $4.24M |
| Total Liabilities and Capital | $848.78M |
Securities
| Securities | $176.84M |
| Available-for-sale debt securities | $153.50M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of The Savings Bank?
$848.78M as of the latest filing.
How much are The Savings Bank's total deposits?
$742.79M in total deposits.
Where is The Savings Bank located?
Wakefield, MA.
What is the Net Interest Margin?
2.53%.
How many domestic offices does it operate?
9.
When was it established?
05/26/1869.
What is the Return on Assets (ROA)?
0.54%.
How much are total loans and leases?
$609.60M (latest filing).
What is the total interest income (latest filing)?
$9.18M.