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Westfield Bank
Westfield, MA · Savings bank · Part of Western New England Bcorp Inc
- Total assets
- $2.73B
- Q2 2026
- Deposits
- $2.4B
- Net income
- $10.05M
- first half of 2026
- Return on assets
- 0.73%
- Annualized
Bank details
As reported to the FDIC
- FDIC certificate
- 90300
- Main office
- Westfield, MA
- Holding company
- Western New England Bcorp Inc
- Charter
- Savings bank
- Primary federal regulator
- Office of the Comptroller of the Currency (OCC)
- Established
- 04/15/1853
- FDIC insured since
- 08/09/1989
- U.S. offices
- 27
- Employees (full-time equivalent)
- 337
- Specialty
- Commercial Lending Specialization
- Website
- www.westfieldbank.com
Quarterly financials
From the bank's Call Reports. Income figures are year to date; ratios are annualized.
| Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $2.73B | $2.76B | $2.73B | $2.73B | $2.71B | $2.71B | $2.65B | $2.64B |
| Deposits | $2.4B | $2.38B | $2.36B | $2.35B | $2.33B | $2.33B | $2.26B | $2.23B |
| Net loans and leases | $2.17B | $2.18B | $2.16B | $2.11B | $2.07B | $2.06B | $2.05B | $2.03B |
| Securities | $353M | $359.2M | $365.2M | $373.2M | $376.9M | $369.8M | $366.1M | $369.4M |
| Equity capital | $253.5M | $253.4M | $252.6M | $248.6M | $244.5M | $243M | $241M | $245.8M |
| Net income (year to date) | $10.05M | $5.55M | $17.96M | $12.13M | $8.29M | $2.99M | $13.95M | $10.07M |
| Return on assets | 0.73% | 0.81% | 0.66% | 0.60% | 0.62% | 0.45% | 0.54% | 0.52% |
| Return on equity | 7.94% | 8.78% | 7.30% | 6.62% | 6.83% | 4.95% | 5.75% | 5.53% |
| Net interest margin | 3.03% | 2.98% | 2.83% | 2.77% | 2.70% | 2.54% | 2.53% | 2.52% |
| Efficiency ratio | 67.8% | 67.9% | 71.7% | 72.9% | 74.2% | 78.5% | 76.5% | 76.4% |
| Noncurrent loans | 0.35% | 0.21% | 0.24% | 0.27% | 0.28% | 0.29% | 0.26% | 0.24% |
| Net charge-off rate | 0.17% | 0.01% | -0.02% | -0.03% | -0.05% | 0.01% | 0.00% | 0.00% |
| Leverage (core capital) ratio | 9.37% | 9.36% | 9.32% | 9.30% | 9.29% | 9.26% | 9.34% | 9.61% |
| Total risk-based capital ratio | 13.47% | 13.46% | 13.48% | 13.58% | 13.69% | 13.56% | 13.65% | 13.71% |
Assets grew 0.7% from Q2 2025.
Loan mix
Share of gross loans, Q2 2026
- Real estate loans$1.95B89.6%
- Commercial and industrial loans$218.2M10.0%
- Consumer loans$2.21M0.1%
Find bank branches in Massachusetts · Employees: 337
Frequently asked questions
- What is Westfield Bank's FDIC certificate number?
- Westfield Bank's FDIC certificate number is 90300.
- How big is Westfield Bank?
- Westfield Bank reported total assets of $2.73B and deposits of $2.4B as of Q2 2026.
- Is Westfield Bank FDIC insured?
- Yes. Westfield Bank has been insured by the FDIC since 08/09/1989. Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
Source: Federal Deposit Insurance Corporation, BankFind Suite (Call Report data) · Last updated 06/30/2026