Spencer Savings Bank, SLA
Spencer Savings Bank, SLA reported total assets of $4.0 bn at Q2 2026, up 1.4% on a year earlier, the 327th largest of 497 banks in our US coverage. The CET1 capital ratio at Spencer Savings Bank, SLA was 16.80%, and the uninsured share of Spencer Savings Bank, SLA was 41.60%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Spencer Savings Bank, SLA climbed from 302nd to 234th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Spencer Savings Bank, SLA has one of the highest loan-to-deposit ratio readings among banks of $1 bn to $10 bn: 107.37% at , against a median of 88.61% across 339 banks (FDIC Call Reports).
- The return on equity (ROE) of Spencer Savings Bank, SLA, 5.41% at , places Spencer Savings Bank, SLA in the bottom tenth of banks of $1 bn to $10 bn (group median 12.68%; FDIC Call Reports).
What sets Spencer Savings Bank, SLA apart
- Since , Spencer Savings Bank, SLA has taken over 2 institutions; the latest was Mariner's Bank on .
- Among the 339 banks of $1 bn to $10 bn, few report a lower return on assets (ROA) than Spencer Savings Bank, SLA, at 0.63% in ; the group median is 1.32%.
How large is Spencer Savings Bank, SLA?
The balance sheet of Spencer Savings Bank, SLA at : assets $4.0 bn, deposits $3.0 bn, net loans $3.3 bn (loans equal to 107.37% of deposits). Securities make up 11.7% of total assets at Spencer Savings Bank, SLA. Since , when Spencer Savings Bank, SLA held $2.6 bn, its assets grew 56.9%. In the year to , deposits at Spencer Savings Bank, SLA fell 1.5% while its total assets rose 1.4%. At , Spencer Savings Bank, SLA employed 328 full-time equivalent staff across 28 offices, about $12.3 mn of assets per employee and $108.6 mn of deposits per office.
How much funding at Spencer Savings Bank, SLA is uninsured?
At Spencer Savings Bank, SLA, uninsured deposits (above the FDIC limit) made up 41.60% of domestic deposits at (+1.19 pp on a year earlier); Spencer Savings Bank, SLA ranks 168th of 500 on this measure. In dollars, Spencer Savings Bank, SLA estimated $1.3 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.0 bn | -1.5% | 352nd of 499 |
| Net loans and leases | $3.3 bn | +3.3% | 299th of 500 |
| Loan-to-deposit ratio | 107.37% | +5.00 pp | 26th of 500 |
| Tier 1 leverage ratio | 11.23% | +0.47 pp | 153rd of 500 |
| Total risk-based capital ratio | 17.86% | +0.23 pp | 73rd of 448 |
| Net interest margin | 2.84% | +0.48 pp | 435th of 500 |
| Return on assets (ROA) | 0.63% | +0.17 pp | 454th of 500 |
| Efficiency ratio | 66.68% | -8.43 pp | 407th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $172,000 | Turned from a gain into a loss | |
| Unrealized gain/loss on available-for-sale securities | Loss of $23.0 mn | Narrowed by $1.8 mn | |
| Noncurrent loans to total loans | 0.58% | -0.08 pp | 234th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.02% | +0.02 pp | 132nd of 500 (1 = lowest) |
US rank of Spencer Savings Bank, SLA: 1 = highest unless marked 1 = lowest.
Balance sheet
Spencer Savings Bank, SLA: assets, deposits and loans
- Total assets $4.0bn
- Deposits $3.0bn
- Net loans $3.3bn
Capital and securities
The CET1 ratio of Spencer Savings Bank, SLA stood at 16.80% in , +0.28 pp year on year. Low and high at Spencer Savings Bank, SLA since : 13.33% () to 16.80% (). Equity capital of Spencer Savings Bank, SLA at : $478.5 mn, or 11.9% of total assets. Spencer Savings Bank, SLA also reported a total capital ratio of 17.86% for , and a tier 1 leverage ratio of 11.23%.
On held-to-maturity securities, Spencer Savings Bank, SLA carried an unrealized loss of $172,000 at , equal to 0.0% of equity capital. The loss turned from a gain into a loss over the year. Its deepest point: $221,000 in . The available-for-sale portfolio of Spencer Savings Bank, SLA showed an unrealized loss of $23.0 mn at ; the loss narrowed by $1.8 mn over the year.
Spencer Savings Bank, SLA: capital ratios
- Total capital 18%
- CET1 17%
- Tier 1 leverage 11%
Spencer Savings Bank, SLA: unrealized securities gains and losses
- Available for sale -$23mn
- Held to maturity -$172,000
Profitability and loan quality
For the year to , Spencer Savings Bank, SLA earned a return on equity of 5.41%; return on assets: 0.63%. Net interest margin at Spencer Savings Bank, SLA: 2.84%, +0.48 pp in a year. Spencer Savings Bank, SLA net income: $12.8 mn, up 37.3% year on year. The efficiency ratio of Spencer Savings Bank, SLA was 66.68%: about 67 cents cost per revenue dollar, against 53 cents at the median peer.
At , noncurrent loans were 0.58% of total loans at Spencer Savings Bank, SLA; net charge-offs: 0.02% of average loans. Gross loans and leases at Spencer Savings Bank, SLA: $3.3 bn, up 3.3% in a year.
Spencer Savings Bank, SLA: profitability
- Return on equity 5.4%
- Net interest margin 2.8%
- Return on assets 0.6%
Peer group of Spencer Savings Bank, SLA
The peer group of Spencer Savings Bank, SLA is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Spencer Savings Bank, SLA (state-chartered stock savings and loan association), 6 sit in the same size group ($1 bn to $10 bn) and 1 has its head office in New Jersey. Against them, Spencer Savings Bank, SLA shows CET1 ratio 16.80% against a peer median of 13.48%, return on equity 5.41% against a peer median of 9.49% and uninsured deposit share 41.60% against a peer median of 44.43%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Woori America Bank | State nonmember bank | NY | $4.1 bn | 18.34% | 5.52% | 68.67% | |
| First Bank | State nonmember bank | NJ | $4.1 bn | 10.89% | 8.25% | 39.35% | |
| Gate City Bank | Federal savings bank | ND | $4.0 bn | not reported | 9.30% | 10.91% | |
| Spencer Savings Bank, SLA | State-chartered stock savings and loan association | NJ | $4.0 bn | 16.80% | 5.41% | 41.60% | |
| West Bank | State nonmember bank | IA | $4.0 bn | 13.03% | 13.02% | 49.50% | |
| California Bank of Commerce | National bank | CA | $4.0 bn | 13.93% | 9.68% | 50.40% | |
| Union Savings Bank | State-chartered stock savings and loan association | OH | $4.0 bn | not reported | 19.84% | 13.45% | |
. FDIC Call Reports.
Last eight quarters
Two years at Spencer Savings Bank, SLA, to : assets +2.2%, deposits +1.4%, equity +9.7%. Staff 324 to 328.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.0 bn | $4.0 bn | $4.1 bn | $4.0 bn | $4.0 bn | $4.0 bn | $4.0 bn | $4.0 bn |
| Total deposits | $3.0 bn | $3.1 bn | $3.1 bn | $3.1 bn | $3.1 bn | $3.1 bn | $3.1 bn | $3.0 bn |
| Bank equity capital | $436.4 mn | $438.8 mn | $447.1 mn | $453.6 mn | $459.6 mn | $468.0 mn | $472.9 mn | $478.5 mn |
| CET1 ratio | 15.41% | 16.01% | 16.31% | 16.52% | 16.59% | 16.68% | 16.73% | 16.80% |
| Return on equity (ROE) | 3.08% | 3.02% | 3.85% | 4.17% | 4.01% | 3.94% | 5.34% | 5.41% |
| Uninsured share of domestic deposits | 39.09% | 39.30% | 40.32% | 40.41% | 41.70% | 42.60% | 42.16% | 41.60% |
| Full-time equivalent employees | 324 | 314 | 317 | 321 | 312 | 311 | 319 | 328 |
| Number of offices | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Spencer Savings Bank, SLA, oldest first; figures before and after each event are not like for like.
- . Absorbed Wawel Bank (FDIC certificate 32260).
- . Absorbed Mariner's Bank (FDIC certificate 35479).
Questions and identifiers
What were the total assets of Spencer Savings Bank, SLA?
Spencer Savings Bank, SLA reported $4.0 bn at in its Call Report. That makes Spencer Savings Bank, SLA the 327th largest of 497 banks in our US coverage.
Is Spencer Savings Bank, SLA profitable?
Spencer Savings Bank, SLA reported net income of $12.8 mn for the year to ; annualized return on equity: 5.41%. So yes: Spencer Savings Bank, SLA made a profit over these months.
When is data for Spencer Savings Bank, SLA next updated?
Figures from Spencer Savings Bank, SLA for are due after .
Where can I check the figures for Spencer Savings Bank, SLA?
In the FDIC BankFind Suite record for certificate 30076, and in the Call Reports of Spencer Savings Bank, SLA (RSSD ID 845573) at the FFIEC Central Data Repository.