Machias Savings Bank
Machias Savings Bank reported total assets of $2.7 bn at Q2 2026, up 2.3% on a year earlier, the 473rd largest of 497 banks in our US coverage. The CET1 capital ratio at Machias Savings Bank was 14.01%, and the uninsured share of Machias Savings Bank was 16.38%. Source: FDIC Call Reports.
Key takeaways
- On net interest margin, Machias Savings Bank climbed from 323rd to 249th among 500 US banks between and (1 = highest; FDIC Call Reports).
What sets Machias Savings Bank apart
How large is Machias Savings Bank?
The balance sheet of Machias Savings Bank at : assets $2.7 bn, deposits $2.3 bn, net loans $2.2 bn (loans equal to 98.18% of deposits). Securities make up 9.0% of total assets at Machias Savings Bank. Since , when Machias Savings Bank held $1.2 bn, its assets grew 128.0%. In the year to , deposits at Machias Savings Bank fell 0.9% while its total assets rose 2.3%. At , Machias Savings Bank employed 336 full-time equivalent staff across 16 offices, about $8.0 mn of assets per employee and $142.1 mn of deposits per office.
How much funding at Machias Savings Bank is uninsured?
At Machias Savings Bank, uninsured deposits (above the FDIC limit) made up 16.38% of domestic deposits at (+1.02 pp on a year earlier); Machias Savings Bank ranks 442nd of 500 on this measure. In dollars, Machias Savings Bank estimated $372.5 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $2.3 bn | -0.9% | 462nd of 499 |
| Net loans and leases | $2.2 bn | +1.7% | 405th of 500 |
| Loan-to-deposit ratio | 98.18% | +2.46 pp | 78th of 500 |
| Tier 1 leverage ratio | 12.12% | +0.69 pp | 91st of 500 |
| Total risk-based capital ratio | 14.95% | +0.79 pp | 171st of 448 |
| Net interest margin | 3.64% | +0.43 pp | 249th of 500 |
| Return on assets (ROA) | 0.99% | +0.14 pp | 390th of 500 |
| Efficiency ratio | 66.99% | -6.47 pp | 409th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $25.8 mn | Narrowed by $6.0 mn | |
| Noncurrent loans to total loans | 0.40% | -0.04 pp | 146th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.04% | +0.08 pp | 174th of 500 (1 = lowest) |
US rank of Machias Savings Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Machias Savings Bank: assets, deposits and loans
- Total assets $2.7bn
- Deposits $2.3bn
- Net loans $2.2bn
Capital and securities
The CET1 ratio of Machias Savings Bank stood at 14.01% in , +0.77 pp year on year. Low and high at Machias Savings Bank since : 12.74% () to 15.27% (). Equity capital of Machias Savings Bank at : $306.1 mn, or 11.5% of total assets. Machias Savings Bank also reported a total capital ratio of 14.95% for , and a tier 1 leverage ratio of 12.12%.
The available-for-sale portfolio of Machias Savings Bank showed an unrealized loss of $25.8 mn at ; the loss narrowed by $6.0 mn over the year.
Machias Savings Bank: capital ratios
- Total capital 15%
- CET1 14%
- Tier 1 leverage 12%
Machias Savings Bank: unrealized securities gains and losses
- Available for sale -$26mn
- Held to maturity $0
Profitability and loan quality
For the year to , Machias Savings Bank earned a return on equity of 8.83%; return on assets: 0.99%. Net interest margin at Machias Savings Bank: 3.64%, +0.43 pp in a year. Machias Savings Bank net income: $13.2 mn, up 20.5% year on year. The efficiency ratio of Machias Savings Bank was 66.99%: about 67 cents cost per revenue dollar, against 53 cents at the median peer.
At , noncurrent loans were 0.40% of total loans at Machias Savings Bank; net charge-offs: 0.04% of average loans. Gross loans and leases at Machias Savings Bank: $2.3 bn, up 1.7% in a year.
Machias Savings Bank: profitability
- Return on equity 8.8%
- Net interest margin 3.6%
- Return on assets 1.0%
Peer group of Machias Savings Bank
The peer group of Machias Savings Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 0 share the charter type of Machias Savings Bank (state-chartered stock savings bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Maine. Against them, Machias Savings Bank shows CET1 ratio 14.01% against a peer median of 12.08%, return on equity 8.83% against a peer median of 12.54% and uninsured deposit share 16.38% against a peer median of 27.25%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Beverly Bank & Trust Company | National bank | IL | $2.7 bn | 11.43% | 15.97% | 27.51% | |
| INB | National bank | IL | $2.7 bn | 12.19% | 12.75% | 18.23% | |
| Interaudi Bank | State nonmember bank | NY | $2.7 bn | 18.12% | 12.32% | 57.15% | |
| Machias Savings Bank | State-chartered stock savings bank | ME | $2.7 bn | 14.01% | 8.83% | 16.38% | |
| Avidbank | State nonmember bank | CA | $2.7 bn | 11.83% | 11.72% | 39.51% | |
| FCB Banks | State nonmember bank | IL | $2.6 bn | 12.08% | 21.98% | 19.72% | |
| One Community Bank | State member bank | WI | $2.6 bn | not reported | 10.55% | 26.99% | |
. FDIC Call Reports.
Last eight quarters
Two years at Machias Savings Bank, to : assets +1.5%, deposits +7.5%, equity +18.9%. Staff 333 to 336; offices 15 to 16.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $2.6 bn | $2.6 bn | $2.6 bn | $2.6 bn | $2.6 bn | $2.7 bn | $2.6 bn | $2.7 bn |
| Total deposits | $2.1 bn | $2.3 bn | $2.2 bn | $2.3 bn | $2.3 bn | $2.3 bn | $2.3 bn | $2.3 bn |
| Bank equity capital | $257.5 mn | $258.8 mn | $266.8 mn | $275.7 mn | $284.4 mn | $293.0 mn | $298.6 mn | $306.1 mn |
| CET1 ratio | 12.88% | 13.18% | 13.95% | 13.24% | 13.39% | 14.04% | 14.05% | 14.01% |
| Return on equity (ROE) | 4.71% | 5.86% | 6.27% | 8.21% | 8.15% | 8.49% | 7.90% | 8.83% |
| Uninsured share of domestic deposits | 15.13% | 17.15% | 16.11% | 15.36% | 17.49% | 15.70% | 14.90% | 16.38% |
| Full-time equivalent employees | 333 | 334 | 323 | 322 | 323 | 326 | 334 | 336 |
| Number of offices | 15 | 15 | 15 | 15 | 15 | 16 | 16 | 16 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Machias Savings Bank appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Machias Savings Bank?
Machias Savings Bank reported $2.7 bn at in its Call Report. That makes Machias Savings Bank the 473rd largest of 497 banks in our US coverage.
Is Machias Savings Bank the same as its holding company?
No. This page covers Machias Savings Bank, FDIC certificate 19531; MACHIAS BCORP MHC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Machias Savings Bank profitable?
Machias Savings Bank reported net income of $13.2 mn for the year to ; annualized return on equity: 8.83%. So yes: Machias Savings Bank made a profit over these months.
When is data for Machias Savings Bank next updated?
Figures from Machias Savings Bank for are due after .
Where can I check the figures for Machias Savings Bank?
In the FDIC BankFind Suite record for certificate 19531, and in the Call Reports of Machias Savings Bank (RSSD ID 137205) at the FFIEC Central Data Repository.