PackageTrendsPeer
Letter portraitLegal landscape

Wakefield Co-operative Bank

Wakefield, MA · Cert 26516 · Peer group: banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (n=35)

FDIC · 3 branches

Q1 2025

$305.8MAssets
$252.4MLoans
$261.0MDeposits
$18.1MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 57% of banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 18 of 35).
  • Widest gap: equity / assets trails 100% of banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 35 of 35).
  • Overall: at or above the peer median on 1 of 9 directional measures.

Return on Assets

-0.34%

Rank 30 of 35

Net Interest Margin

1.78%

Rank 31 of 35

Efficiency Ratio

124.09%

Rank 31 of 35

Equity / Assets

5.91%

Rank 35 of 35

Non-interest income vs. expense

$0.5M$7.5MINCOMEEXPENSE
Unfavorable gap of $6.9M · efficiency ratio beats 14% of banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area
Bank 124.09%Peer median 91.7%Q2 2024Q1 2025Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets-0.34%-0.10%0.14%0.47%Beats 14%30 / 35
Return on Equity-5.78%-1.12%1.92%4.19%Beats 6%33 / 35
Net Interest Margin1.78%2.04%2.40%2.73%Beats 11%31 / 35
Efficiency Ratio124.09%80.77%91.70%100.02%Beats 14%31 / 35
Asset Quality
Nonperforming Loans / Loans0.41%0.05%0.25%0.52%Beats 40%22 / 35
Net Charge-Offs / Loans0.00%n/a0.00%0.00%Beats 57%18 / 35
Capital
Tier 1 Capital Ratio11.85%11.54%13.10%17.00%Beats 29%25 / 35
Total Risk-Based Capital Ratio12.95%12.07%14.19%17.62%Beats 31%24 / 35
Equity / Assets5.91%8.46%9.22%12.57%Beats 0%35 / 35
Liquidity & Funding
Loans / Deposits96.70%83.02%91.22%101.96%66th pctl12 / 35
Loans / Assets82.54%70.21%75.63%80.46%86th pctl5 / 35
Brokered Deposits / Depositsn/aNot reported for this institution