Thomaston Savings Bank: how it compares with its peers
Against 13 CT banks with half to twice its assets, Thomaston Savings Bank's strongest measure in Q2 2026 is efficiency ratio (62.32% vs. a 72.16% peer median). Its weakest relative measure is assets per employee ($8.5M vs. $8.7M).
| Measure | Thomaston Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.07% | 0.81% | Top third Ahead of 77% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.48% | 3.34% | Top third Ahead of 69% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 62.32% | 72.16% | Top third Ahead of 85% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.5M | $8.7M | Middle third Ahead of 46% of peers |
| Loans to deposits Net loans and leases over total deposits. | 83.97% | 96.84% | Context |
What it means for lending operations
Its efficiency ratio of 62.32% is better than the 72.16% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Fairfield County Bank Ridgefield, CT · $1.92B
- Newtown Savings Bank Newtown, CT · $1.87B
- Chelsea Groton Bank Groton, CT · $1.75B
- Ives Bank Danbury, CT · $1.73B
- Ascend Bank Guilford, CT · $1.49B
- First County Bank Stamford, CT · $2.42B
Questions about Thomaston Savings Bank
How big is Thomaston Savings Bank?
Thomaston Savings Bank, established in 1874, is headquartered in Thomaston, CT. It reported $1.93B in total assets in its Q2 2026 FDIC call report and operates 16 offices.
What is Thomaston Savings Bank's return on assets?
1.07% annualized in Q2 2026, against a 0.81% median for 13 CT banks with half to twice its assets, ahead of 77% of them.
What is Thomaston Savings Bank's efficiency ratio?
62.32% in Q2 2026: it spent about 62 cents in noninterest expense for each dollar of revenue. The peer median is 72.16%, and lower is better.
Is Thomaston Savings Bank growing its loans?
Net loans grew 7.0% over the year to Q2 2026, while deposits grew 4.1%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are CT banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Connecticut bank ranked.