Machias Savings Bank: how it compares with its peers
Against 10 ME banks with half to twice its assets, Machias Savings Bank's strongest measure in Q2 2026 is net interest margin (3.64% vs. a 3.36% peer median). Its weakest relative measure is assets per employee ($8.0M vs. $8.6M).
| Measure | Machias Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.99% | 1.19% | Middle third Ahead of 40% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.64% | 3.36% | Middle third Ahead of 60% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 66.99% | 66.87% | Middle third Ahead of 50% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.0M | $8.6M | Bottom third Ahead of 30% of peers |
| Loans to deposits Net loans and leases over total deposits. | 98.18% | 104.51% | Context |
What it means for lending operations
Its efficiency ratio of 66.99% is better than the 66.87% 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
- Maine Community Bank Portland, ME · $2.98B
- Kennebunk Savings Bank Kennebunk, ME · $2.17B
- First National Bank Damariscotta, ME · $3.18B
- Norway Savings Bank Norway, ME · $2.16B
- Kennebec Savings Bank Augusta, ME · $1.87B
- Androscoggin Savings Bank Lewiston, ME · $1.76B
Questions about Machias Savings Bank
How big is Machias Savings Bank?
Machias Savings Bank, established in 1869, is headquartered in Machias, ME. It reported $2.67B in total assets in its Q2 2026 FDIC call report and operates 16 offices.
What is Machias Savings Bank's return on assets?
0.99% annualized in Q2 2026, against a 1.19% median for 10 ME banks with half to twice its assets, ahead of 40% of them.
What is Machias Savings Bank's efficiency ratio?
66.99% in Q2 2026: it spent about 67 cents in noninterest expense for each dollar of revenue. The peer median is 66.87%, and lower is better.
Is Machias Savings Bank growing its loans?
Net loans grew 1.7% over the year to Q2 2026, while deposits shrank 0.9%.
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 ME 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 Maine bank ranked.