Massena Savings and Loan: how it compares with its peers
Against 26 NY banks with half to twice its assets, Massena Savings and Loan's strongest measure in Q2 2026 is assets per employee ($8.7M vs. a $6.4M peer median). Its weakest relative measure is net interest margin (3.62% vs. 3.99%).
| Measure | Massena Savings and Loan | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.09% | 0.70% | Middle third Ahead of 62% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.62% | 3.99% | Middle third Ahead of 42% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 58.19% | 73.07% | Top third Ahead of 81% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.7M | $6.4M | Top third Ahead of 88% of peers |
| Loans to deposits Net loans and leases over total deposits. | 121.68% | 85.84% | Context |
What it means for lending operations
Its efficiency ratio of 58.19% is better than the 73.07% 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
- Gouverneur Savings and Loan Association Gouverneur, NY · $199M
- The First National Bank of Dryden Dryden, NY · $204M
- The First National Bank of Groton Groton, NY · $204M
- First Federal Savings of Middletown Middletown, NY · $188M
- Savannah Bank National Association Savannah, NY · $187M
- Bank of Richmondville Cobleskill, NY · $186M
Questions about Massena Savings and Loan
How big is Massena Savings and Loan?
Massena Savings and Loan, established in 1924, is headquartered in Massena, NY. It reported $200M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Massena Savings and Loan's return on assets?
1.09% annualized in Q2 2026, against a 0.70% median for 26 NY banks with half to twice its assets, ahead of 62% of them.
What is Massena Savings and Loan's efficiency ratio?
58.19% in Q2 2026: it spent about 58 cents in noninterest expense for each dollar of revenue. The peer median is 73.07%, and lower is better.
Is Massena Savings and Loan growing its loans?
Net loans grew 6.4% over the year to Q2 2026, while deposits grew 0.7%.
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 NY 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 New York bank ranked.