Westfield Bank: how it compares with its peers
Against 28 MA banks with half to twice its assets, Westfield Bank's strongest measure in Q2 2026 is efficiency ratio (67.76% vs. a 69.80% peer median). Its weakest relative measure is assets per employee ($8.1M vs. $10.6M).
| Measure | Westfield Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.73% | 0.68% | Middle third Ahead of 57% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.03% | 3.02% | Middle third Ahead of 50% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 67.76% | 69.80% | Middle third Ahead of 64% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.1M | $10.6M | Bottom third Ahead of 14% of peers |
| Loans to deposits Net loans and leases over total deposits. | 90.46% | 98.76% | Context |
What it means for lending operations
Its efficiency ratio of 67.76% is better than the 69.80% 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
- Avidia Bank Hudson, MA · $2.77B
- Dedham Institution for Savings Dedham, MA · $2.60B
- BayCoast Bank Swansea, MA · $2.86B
- Cornerstone Bank Spencer, MA · $2.57B
- South Shore Bank South Weymouth, MA · $2.52B
- UniBank for Savings Whitinsville, MA · $3.11B
Questions about Westfield Bank
How big is Westfield Bank?
Westfield Bank, established in 1853, is headquartered in Westfield, MA. It reported $2.73B in total assets in its Q2 2026 FDIC call report and operates 27 offices.
What is Westfield Bank's return on assets?
0.73% annualized in Q2 2026, against a 0.68% median for 28 MA banks with half to twice its assets, ahead of 57% of them.
What is Westfield Bank's efficiency ratio?
67.76% in Q2 2026: it spent about 68 cents in noninterest expense for each dollar of revenue. The peer median is 69.80%, and lower is better.
Is Westfield Bank growing its loans?
Net loans grew 4.9% over the year to Q2 2026, while deposits grew 3.1%.
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 MA 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 Massachusetts bank ranked.