Westfield Bank, FSB

Westfield Center, OH
IDRSSD: 2986407
Total Assets
$2.06B
Latest filing
Total Deposits
$1.83B
Latest filing
Net Interest Margin
3.60%
Profitability

Locations

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Main Office
Westfield Bank, FSB
2 Park Cir
Westfield Center, OH 44251
Full Service - Brick and Mortar
Updated 11/14/2025Established 02/05/2001FDIC Certificate 356925

Branches (6)

Page 1 of 1
NameAddressCity / State
Westfield Bank, FSB (Main)2 Park CirWestfield Center, OH
PORTAGE CROSSING BRANCH2875 State RdCuyahoga Falls, OH
BRECKSVILLE BRANCH8751 Brecksville RdBrecksville, OH
FAIRLAWN BRANCH2923 Smith RdAkron, OH
MEDINA BRANCH4015 Medina RdMedina, OH
WOOSTER BRANCH105 E Liberty StWooster, OH
CANTON BRANCH4809 Dressler Rd NwCanton, OH
Showing 6 of 6

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 Date02/05/2001
Community BankYes
Ownership TypeNot Mutual
ZIP44251
State and County Number39103
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number04
Numeric code33
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameCleveland-Elyria, OH

Operational Info

Number of Employees192
Domestic Offices7
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance02/05/2001
Primary Insurance AgencyDIF
Websitewww.westfield-bank.com
Data Updated11/14/2025
CERT57077
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.06B
Total Deposits$1.83B
Total Liabilities$1.85B
Total Equity Capital$214.99M
Net Income$6.74M
Net Loans and Leases$1.56B
Assets Per Employee ($Millions)$11.46M
Bank Premises and Fixed Assets$12.47M
Cash and Balances due from Depository Institutions$55.50M
Deposits Held in Domestic Offices$1.83B

Key Performance Ratios

Return on Assets (ROA)1.31%
Return on Equity (ROE)11.57%
Net Interest Margin3.6%
Efficiency Ratio57.74%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.01%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.424%
Earning Assets to total Assets92.32%

Income and Expense

Total Interest Income$27.02M
Total Noninterest Income$2.28M
Total Interest Expense$9.91M
Total Noninterest Expense$11.20M
Net Interest Income$17.11M
Pre-tax Net Operating Income$8.15M
Provision for Credit Losses$41.00k
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$2.15M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$13.88M
Total Liabilities and Capital$2.06B

Securities

Securities$303.50M
Available-for-sale debt securities$303.50M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$2.44M
Trading Liabilities$2.44M

Frequently Asked Questions

What are the total assets of Westfield Bank, FSB?
$2.06B as of the latest filing.
How much are Westfield Bank, FSB's total deposits?
$1.83B in total deposits.
Where is Westfield Bank, FSB located?
Westfield Center, OH.
What is the Net Interest Margin?
3.60%.
How many domestic offices does it operate?
7.
When was it established?
02/05/2001.
What is the Return on Assets (ROA)?
1.31%.
How much are total loans and leases?
$1.56B (latest filing).
What is the total interest income (latest filing)?
$27.02M.