Westfield Bank: Financial Reports & UBPR Data
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Data as of · sourced from FFIEC call reports. How we update
Westfield Bank spends more to run itself than most banks of its size. The Westfield, Massachusetts bank had $2.7 billion in assets at June 30, 2026. It earns about $0.65 a year on every $100 of assets, about half the median of $1.29 for the 895 banks with $1 billion to $10 billion in assets. It also keeps 3.03 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.71 cents).
Unrealized losses on its securities total $53 million, equal to 21% of Tier 1 capital, against 25% a year earlier. Net income for the quarter slipped 15% from a year earlier, to $4.5 million. Concentration is the risk to watch: it holds commercial real estate loans worth 3.2 times its capital, higher than about three-quarters of banks its size (median 2.2 times).
As of June 30, 2026, Westfield Bank reported a CET1 capital ratio of 12.47%, a return on assets of 0.65%, a nonperforming-loan ratio of 0.35% and a Texas ratio of 2.90%, according to its call report filed with the FFIEC.
Headquarters Profile
- Address
- 141 Elm St, Westfield, MA 01085
- County
- Hampden
- Metro Area
- Springfield, MA
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- —
- Federal Reserve district
- District 1, Boston
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- April 15, 1853
- Offices
- 27 domestic
- Employees (FTE)
- 337
- Domestic deposits
- $2.40B
- Allowance for credit losses
- $20.2M
- Net charge-offs (YTD)
- $1.8M
- Average total assets
- $2.76B
- Average total loans
- $2.19B
- Average interest-bearing deposits
- $1.79B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 90300
- Fed RSSD
- 892205
- SEC CIK
- 1157647 → filed by WESTERN NEW ENGLAND BANCORP, INC.
- Website
- www.westfieldbank.com →
- Parent Holding Company
- WESTERN NEW ENGLAND BANCORP, INC. (RSSD 3866382) · WNEB
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| James C Hagan | CEO | President and CEO |
| Guida R Sajdak | CFO | EVP, CFO & Treasurer |
| Kevin C O'Connor | COO | EVP & Chief Operating Officer |
| Leo R Sagan Jr | CRO | SVP & Chief Risk Officer |
| Darlene M Libiszewski | CIO | SVP, Chief Information Officer |
| Filipe B Goncalves | CCO | SVP & CCO |
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row. ROA, ROE and net interest margin are the quarter's own income, annualized. The UBPR and FDIC annualize the year to date instead, so after the first quarter their figures differ from ours; where the UBPR has this quarter, its value is shown beside each as YTD.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
Net income for the quarter alone. The Call Report reports it year to date; this series converts it to the single quarter, so each bar covers three months.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full Westfield Bank terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock Westfield Bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Held-to-maturity securities carry unrealized losses worth 10–25% of book equity. Carried at amortized cost, they do not reduce reported capital, but they shrink the bank's true mark-to-market cushion if the securities ever have to be sold. BankRegReports analysis, HTM marks aren't a reported regulatory metric.
Westfield Bank rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.47% | 0.65% | 0.35% | 2.90% | 3.03% |
| Q1 2026 | 12.44% | 0.80% | 0.21% | 1.71% | 2.93% |
| Q4 2025 | 12.46% | 0.84% | 0.23% | 1.88% | 2.94% |
| Q3 2025 | 12.52% | 0.56% | 0.26% | 2.09% | 2.86% |
| Q2 2025 | 12.67% | 0.78% | 0.27% | 2.17% | 2.81% |
| Q1 2025 | 12.55% | 0.44% | 0.29% | 2.27% | 2.48% |
| Q4 2024 | 12.64% | 0.58% | 0.26% | 2.01% | 2.45% |
| Q3 2024 | 12.66% | 0.38% | 0.24% | 1.93% | 2.44% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 27 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Westfield Bank (main office) | Westfield , MA | 01085 | $220.0M |
| Enfield Ct Branch | Enfield , CT | 06082 | $214.9M |
| Chicopee Branch Office | Chicopee , MA | 01013 | $214.9M |
| West Springfield Branch | West Springfield , MA | 01089 | $178.0M |
| Westfield Branch | Westfield , MA | 01085 | $165.3M |
| Agawam Branch | Agawam , MA | 01001 | $149.7M |
| Southampton Road Branch | Westfield , MA | 01085 | $124.4M |
| Ludlow Branch | Ludlow , MA | 01056 | $108.9M |
| West Springfield Branch | West Springfield , MA | 01089 | $107.9M |
| College Highway Branch | Southwick , MA | 01077 | $99.9M |
| East Longmeadow Branch | East Longmeadow , MA | 01028 | $95.4M |
| Northampton Street Branch | Holyoke , MA | 01040 | $93.0M |
| Feeding Hills Branch | Feeding Hills , MA | 01030 | $76.2M |
| Main Street Branch | Springfield , MA | 01103 | $65.4M |
| Memorial Drive Branch | Chicopee , MA | 01020 | $65.0M |
| Drive-Up Facility | Westfield , MA | 01085 | $55.0M |
| Burnett Road Branch | Chicopee , MA | 01020 | $54.7M |
| South Hadley Branch | South Hadley , MA | 01075 | $52.9M |
| Granby Branch | Granby , CT | 06035 | $52.6M |
| East Street Branch | Chicopee , MA | 01020 | $50.2M |
| Huntington Branch | Huntington , MA | 01050 | $37.2M |
| West Hartford Branch | West Hartford , CT | 06107 | $36.9M |
| Bloomfield Branch | Bloomfield , CT | 06002 | $32.4M |
| Liberty Street | Springfield , MA | 01104 | $29.5M |
| Ware Branch | Ware , MA | 01082 | $17.9M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| October 22, 2016 | Structure Change | Acquired Chicopee Savings Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 21, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
What the public regulatory sources show for Westfield Bank, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- 2 against the institution (OCC, OCC (former OTS))
- April 28, 2011, OCC: Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Westfield Bank
- April 28, 2011, OCC (former OTS): Cease and Desist: Westfield Bank
- Period: Most recent institution action April 28, 2011. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.3% of deposits in MA, rank 28 of 120 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 1,124 applications, 875 loans originated, $191.4M originated, across 7 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $150K approved, $150K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about Westfield Bank
What are Westfield Bank's total assets?
As of the Q2 2026 filing, Westfield Bank reported total assets of $2.73 billion in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Westfield Bank headquartered?
Westfield Bank is headquartered in Westfield, MA, United States. It files quarterly FFIEC call reports, as every FDIC-insured savings institution must.
When was Westfield Bank founded?
Westfield Bank was established in 1853, per the FDIC institution directory.
Is Westfield Bank FDIC-insured?
Yes. Westfield Bank is an FDIC-insured savings institution (FDIC Certificate #90300). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Westfield Bank?
Westfield Bank's primary federal regulator is the OCC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is Westfield Bank's CET1 capital ratio?
Westfield Bank reported a Common Equity Tier 1 (CET1) capital ratio of 12.47% in its Q2 2026 call report, above regulatory requirements.
How many branches does Westfield Bank operate?
Westfield Bank operates 27 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Westfield Bank's Texas Ratio?
Westfield Bank's Texas Ratio is 2.90% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
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