The Savings Bank, Financial Information

AboutThe Savings Bank

 Address:
357 Main Street
Wakefield,MA
,Massachusetts
 Established:
May 1869
 Number of domestic offices:
9
Total assets$658M
Net income$2M
Net income,quarterly$1M
Total deposits$574M
Domestic deposits$574M
Equity capital$81M
ROA0.32%
ROAQ,quarterly0.49%
ROA,pretax0.49%
ROAQ,quarterly,pretax0.62%
ROE2.57%
ROEQ,quarterly3.99%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.