Washington Savings Bank
Lowell, MA
IDRSSD: 654300
Total Assets
$296.82M
Latest filing
Total Deposits
$231.76M
Latest filing
Net Interest Margin
2.44%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Washington Savings Bank
30 Middlesex St
Lowell, MA 01852
Full Service - Brick and Mortar
Updated 11/14/2025Established 04/06/1892FDIC Certificate 17819
Branches (1)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Washington Savings Bank (Main) | 30 Middlesex St | Lowell, MA |
| DRACUT BRANCH | 100 Broadway Rd | Dracut, MA |
Showing 1 of 1
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 | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 04/06/1892 |
| Community Bank | Yes |
| Ownership Type | Mutual |
| ZIP | 01852 |
| State and County Number | 25017 |
| Subchapter S Corporations | No |
| Trust Powers | Limited Trust Powers Granted |
| Federal Reserve ID Number | 01 |
| Numeric code | 15 |
| 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 | 40 |
| Domestic Offices | 2 |
| 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 | 10/10/1985 |
| Primary Insurance Agency | DIF |
| Website | www.washingtonsavings.com |
| Data Updated | 11/14/2025 |
| CERT | 90229 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $296.82M |
| Total Deposits | $231.76M |
| Total Liabilities | $269.15M |
| Total Equity Capital | $27.67M |
| Net Income | $97.00k |
| Net Loans and Leases | $236.28M |
| Assets Per Employee ($Millions) | $7.42M |
| Bank Premises and Fixed Assets | $2.01M |
| Cash and Balances due from Depository Institutions | $0 |
| Deposits Held in Domestic Offices | $231.76M |
Key Performance Ratios
| Return on Assets (ROA) | 0.13% |
| Return on Equity (ROE) | 1.41% |
| Net Interest Margin | 2.44% |
| Efficiency Ratio | 92.86% |
| Tier 1 Risk-Based Capital Ratio | 16.659% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.02% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.321% |
| Earning Assets to total Assets | 93.37% |
Income and Expense
| Total Interest Income | $3.23M |
| Total Noninterest Income | $225.00k |
| Total Interest Expense | $1.53M |
| Total Noninterest Expense | $1.78M |
| Net Interest Income | $1.70M |
| Pre-tax Net Operating Income | $120.00k |
| Provision for Credit Losses | $17.00k |
| 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 | $35.85M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.54M |
| Total Liabilities and Capital | $296.82M |
Securities
| Securities | $32.24M |
| Available-for-sale debt securities | $32.24M |
| 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 Washington Savings Bank?
$296.82M as of the latest filing.
How much are Washington Savings Bank's total deposits?
$231.76M in total deposits.
Where is Washington Savings Bank located?
Lowell, MA.
What is the Net Interest Margin?
2.44%.
How many domestic offices does it operate?
2.
When was it established?
04/06/1892.
What is the Return on Assets (ROA)?
0.13%.
How much are total loans and leases?
$236.28M (latest filing).
What is the total interest income (latest filing)?
$3.23M.