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Data through Q3 2026 · 4,200 institutions
Regulatory profile
Lowell, MA · FDIC certificate #90229
WASHINGTON SAVINGS BANK is an FDIC-insured institution based in Lowell, MA (FDIC certificate #90229). In its Q3 2026 Call Report it reported total assets of $303M, total deposits of $249M and net loans of $238M. Its primary federal regulator is FED.
Plain-language readout
WASHINGTON SAVINGS BANK has 3 quarters of reported history on file, from Q1 2026 to Q3 2026.
Total assets peaked at $303M in Q3 2026 and were lowest at $299M in Q1 2026.
Total deposits were highest at $249M in Q2 2026 and lowest at $243M in Q1 2026.
Over the whole period total assets rose 1.6%.
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| Q3 2026 | $303M | $249M | $238M | 0.28% | 2.97% | 2.71% |
| Q2 2026 | $302M | $249M | $235M | 0.23% | 2.42% | 2.66% |
| Q1 2026 | $299M | $243M | $236M | 0.16% | 1.77% | 2.61% |
History
| Line | Q2 2026 | Q1 2026 | Change | Change, percent |
|---|---|---|---|---|
| Assets | ||||
| Cash and balances due from depository institutions | $10.8M | $7.2M | +$3.6M | +50.3% |
| Federal funds sold | $0K | $0K | $0K | n/a |
| Securities purchased under agreements to resell | $0K | $0K | $0K | n/a |
| Securities (available for sale at fair value plus held to maturity net of allowance) | $36.9M | $37.0M | -$148K | -0.4% |
| Equity securities with readily determinable fair values, not held for trading | $0K | $0K | $0K | n/a |
| Loans and leases held for sale | $0K | $0K | $0K | n/a |
| Net loans and leases (after allowance) | $235.2M | $236.5M | -$1.3M | -0.5% |
| Trading assets | $0K | $0K | $0K | n/a |
| Premises and fixed assets | $1.9M | $1.9M | +$7K | +0.4% |
| Other real estate owned | $0K | $0K | $0K | n/a |
| Investments in unconsolidated subsidiaries and associated companies | $0K | $0K | $0K | n/a |
| Direct and indirect investments in real estate ventures | $0K | $0K | $0K | n/a |
| Intangible assets (goodwill, servicing, other) | $0K | $0K | $0K | n/a |
| All other assets | $17.6M | $16.1M | +$1.4M | +8.7% |
| Total assets | $302.3M | $298.7M | +$3.6M | +1.2% |
| Liabilities | ||||
| Total deposits | $249.3M | $243.0M | +$6.3M | +2.6% |
| Federal funds purchased | $0K | $0K | $0K | n/a |
| Securities sold under agreements to repurchase | $0K | $0K | $0K | n/a |
| Trading liabilities | $0K | $0K | $0K | n/a |
| Other borrowed money | $21.8M | $26.2M | -$4.4M | -16.8% |
| Subordinated notes and debentures | $0K | $0K | $0K | n/a |
| All other liabilities | $2.0M | $1.5M | +$469K | +31.0% |
| Total liabilities | $273.0M | $270.7M | +$2.3M | +0.9% |
| Equity | ||||
| Perpetual preferred stock | $0K | $0K | $0K | n/a |
| Common stock | $0K | $0K | $0K | n/a |
| Surplus | $0K | $0K | $0K | n/a |
| Retained earnings | $29.3M | $29.1M | +$221K | +0.8% |
| Accumulated other comprehensive income | $58K | -$1.0M | +$1.1M | +105.8% |
| Other equity components | $0K | $0K | $0K | n/a |
| Total equity capital | $29.3M | $28.1M | +$1.3M | +4.6% |
| Credit and capital | ||||
| Gross nonperforming assets | $694K | $802K | -$108K | -13.5% |
| Adjusted nonperforming assets | $694K | $802K | -$108K | -13.5% |
| Tangible equity plus allowance | $30.9M | $29.6M | +$1.3M | +4.3% |
| Texas ratio (gross) | 2.25% | 2.71% | -0.46 pts | See points |
| Texas ratio (adjusted) | 2.25% | 2.71% | -0.46 pts | See points |
| Texas ratio (adjusted, with performing restructured) | 5.36% | 6.00% | -0.64 pts | See points |
| Tier 1 capital to risk-weighted assets | 16.92% | 16.85% | +0.07 pts | See points |
| Common equity Tier 1 to risk-weighted assets | 16.92% | 16.85% | +0.07 pts | See points |
| Tier 2 capital to risk-weighted assets | 0.96% | 0.96% | -0.01 pts | See points |
| Total risk-based capital to risk-weighted assets | 17.87% | 17.81% | +0.06 pts | See points |
| Tier 1 leverage (approximate) | 9.65% | 9.58% | +0.07 pts | See points |
| Construction and land loans to total capital | 16.89% | 19.42% | -2.53 pts | See points |
| Commercial real estate to total capital | 226.63% | 229.78% | -3.15 pts | See points |
| Dividend payout, year to date | 0.00% | 0.00% | 0.00 pts | See points |
| Securities unrealized gain (loss) to Tier 1 capital | -6.23% | -6.11% | -0.12 pts | See points |
| Liquidity | ||||
| Core deposits | $201.0M | $194.0M | +$7.0M | +3.6% |
| Non-core funding | $70.0M | $75.1M | -$5.1M | -6.8% |
| Loans to core deposits | 117.77% | 122.65% | -4.88 pts | See points |
| Loans to deposits | 94.97% | 97.94% | -2.97 pts | See points |
| Brokered deposits share of deposits | 3.71% | 5.04% | -1.33 pts | See points |
| Pledged securities share of securities | 0.00% | 0.00% | 0.00 pts | See points |
| Loans pledged, share of loans | 49.18% | 51.04% | -1.86 pts | See points |
| Volatile liabilities | $73.4M | $78.5M | -$5.1M | -6.5% |
| Earnings | ||||
| Earnings before provision, year to date | $417K | $152K | +$265K | +174.3% |
| Earnings before provision, single quarter | $265K | $152K | +$113K | +74.3% |
| Provision for credit losses, year to date | -$9K | -$1K | -$8K | -800.0% |
| Yield and cost | ||||
| Yield on loans and leases | 4.86% | 4.85% | +0.00 pts | See points |
| Yield on interest-bearing balances due from banks | 3.59% | 3.70% | -0.11 pts | See points |
| Total interest income to average assets | 4.41% | 4.39% | +0.02 pts | See points |
| Cost of interest-bearing transaction accounts | 0.29% | 0.23% | +0.06 pts | See points |
| Cost of savings and money market deposits | 0.72% | 0.73% | -0.01 pts | See points |
| Cost of time deposits | 3.70% | 3.72% | -0.02 pts | See points |
| Total interest expense to average assets | 1.88% | 1.95% | -0.07 pts | See points |
Dollar lines show the change in dollars and percent. Ratio lines show the change in percentage points. Earnings lines marked year to date restart each January; the single-quarter line removes that restart.
Recent activity
No reviewed changes are available for this institution in the tracked window. This does not establish that no event occurred.
Ten-year database
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| 2026-09-30 | $303M | $249M | $238M | 0.28% | 2.97% | 2.71% |
| 2026-06-30 | $302M | $249M | $235M | 0.23% | 2.42% | 2.66% |
| 2026-03-31 | $299M | $243M | $236M | 0.16% | 1.77% | 2.61% |
Branch detail unavailable. Locations are not inferred from headquarters.
Annual FDIC Summary of Deposits, by state, as of the 2025 snapshot effective 2025-06-30. Deposits and share are as of that retained annual snapshot, not a quarterly balance — do not compare directly to Call Report deposit figures reported elsewhere on this profile.
| State | Deposits | Market share | Rank | Year over year |
|---|---|---|---|---|
| MA | $231.5M | 0.04% | 97 | Continuing · -0.00 pp |
Source: FDIC Summary of Deposits, annual release. Market share divides this institution's reported branch deposits by all retained deposits in the same state for the same year — not a quarterly balance, current rate, or organic-growth attribution. Inspect year-over-year market change →
Workforce history unavailable: no compatible reported FTE or office observation. Missing values are not zero.
No matched ownership, transformations, or reviewed revisions are available. Absence of a match is not proof that no change occurred.