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Massena Savings and Loan

Massena, NY · Cert 30429

State savings bank · OCC · 2 branches

Q2 2026

$199.9MAssets
$181.5MLoans
$148.2MDeposits
$30.4MEquity
Loan mix
89%RE $161.5M1%C&I $0.9M11%Consumer $19.1MQ3 2024Q2 2026
Deposit mix
94%Interest-bearing $139.9M6%Noninterest $8.3MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.09%, up 31 bps year over year; NIM at 3.43%.
  • Asset quality: problem loans at 1.30% of loans (-37 bps YoY), with net charge-offs at 0.11%.
  • Capital: tier 1 leverage ratio of 15.15%, up 11 bps from a year ago.
  • Funding: loans stand at 122.53% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.09%+31 bps YoY

Net Interest Margin (YTD, annualized)

3.43%+36 bps YoY

Efficiency Ratio (YTD, annualized)

58.19%-935 bps YoY

Tier 1 Leverage Ratio

15.15%+11 bps YoY

NIM

5.13%Q2 ’245.43%Q2 ’255.73%Q2 ’26+5%+12%

Non-interest income vs. expense

2.31%Q2 ’242.19%Q2 ’252.10%Q2 ’26-7%-5%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.60%0.65%0.65%0.78%0.91%0.87%0.99%1.09%+31 bps
Return on Equity4.20%4.49%4.36%5.20%6.10%5.83%6.72%7.29%+209 bps
Net Interest Margin2.90%2.93%3.06%3.06%3.13%3.10%3.38%3.43%+36 bps
Efficiency Ratio73.98%73.42%70.89%67.54%65.43%67.16%61.55%58.19%-935 bps
Non-Interest Burden2.11%2.11%2.12%2.01%1.98%2.02%2.02%1.92%-9 bps
Growth
Asset Growth (YoY)7.28%2.20%1.65%0.93%1.84%7.06%7.17%5.89%+495 bps
Loan Growth (YoY)2.54%2.46%3.03%3.13%5.68%7.30%7.31%6.38%+325 bps
Deposit Growth (YoY)9.22%7.38%8.79%7.53%4.11%3.15%2.41%0.72%-681 bps
Asset Quality
Nonperforming Loans / Loans1.51%1.34%1.36%1.68%1.49%1.24%1.41%1.30%-37 bps
Net Charge-Offs / Loans0.11%0.14%0.14%0.11%0.05%0.05%0.01%0.11%0 bps
Allowance / Loans0.83%0.74%0.74%0.73%0.69%0.67%0.70%0.69%-3 bps
Allowance Coverage of NPLs0.5x0.6x0.5x0.4x0.5x0.5x0.5x0.5x+0.1x
Capital
Tier 1 Leverage Ratio14.39%14.69%14.97%15.03%15.14%14.80%14.96%15.15%+11 bps
Total Risk-Based Capital23.22%23.80%24.14%23.90%23.35%23.00%23.40%23.81%-9 bps
Equity / Assets14.28%14.79%14.92%15.02%14.87%14.64%14.84%15.19%+17 bps
Liquidity & Funding
Loans / Deposits119.73%118.26%115.90%116.01%121.54%123.02%121.44%122.53%+652 bps
Liquid Assets / Assets7.33%4.77%4.94%5.08%4.14%4.73%5.05%4.50%-58 bps
CRE / Total Capitaln/an/an/an/a24.42%27.20%27.94%n/an/a