Country Bank for Savings
BankRegReports is independent of Country Bank for Savings and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Country Bank for Savings is an FDIC-insured savings bank headquartered in Ware, MA, established in 1850 (FDIC certificate 23992), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $2.24B, up 4.1% from Q2 2025, the 23rd largest of 89 banks headquartered in Massachusetts. It reports no CET1 ratio; its Tier 1 leverage ratio was 14.84% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 23992
- Headquarters
- Ware, MA
- Established
- 1850
- Total assets, Q2 2026
- $2.24B
- Assets vs Q2 2025
- +4.1%
- Tier 1 leverage ratio, Q2 2026
- 14.84%
- Domestic offices
- 15 FDIC institution directory, current count
- Routing number
- 211870980
- Latest call report
- Q2 2026, FFIEC 041 · Country Bank for Savings call report
- Holding company
- 1850 FINANCIAL, INC.
- Asset rank in state
- 23rd of 89 in Massachusetts
Country Bank for Savings carries far more capital than most banks of its size. It reported $2.2 billion in assets at June 30, 2026, up 4.1% from a year earlier. It funds 14.84% of its assets with Tier 1 capital, higher than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 10.52%). On the other hand, it returns 6.7% a year on shareholders' equity, about half the median of 12.6% for banks its size.
Earnings jumped: net income for the quarter was $5.3 million, 97% above the same quarter a year earlier. Over the same year, loans grew 4.6% and deposits grew 15.5%. Costs are the weak spot: it spends about 67 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 58 cents).
As of June 30, 2026, Country Bank for Savings reported a return on assets of 0.94%, a nonperforming-loan ratio of 1.14% and a Texas ratio of 5.96%. The figures come from its call report filed with the FFIEC.
Of the 89 banks headquartered in Massachusetts, Country Bank for Savings is the 23rd largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 0.7% to $2.24B, loans rose 0.5% and deposits rose 2.8%. Non-owner-occupied commercial real estate loans made up 34.4% of its total loans on June 30, 2026, its largest category; next came 1-4 family residential loans at 34.3%. The FDIC Summary of Deposits lists 16 offices for it, in 14 cities in MA; its Ware office books 24% of its branch deposits. Judged on its Q2 2026 call report, Country Bank for Savings meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 155 West St, Ware, MA 01082
- County
- Hampshire
- Metro Area
- Amherst Town-Northampton, MA
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- —
- Federal Reserve district
- District 1, Boston
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- July 1, 1850
- Domestic offices
- 15 FDIC institution directory, current count
- Employees (FTE)
- 241
- Domestic deposits
- $1.73B
- Allowance for credit losses
- $17.3M
- Net charge-offs (YTD)
- $23K
- Average total assets
- $2.25B
- Average total loans
- $1.76B
- Average interest-bearing deposits
- $1.34B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 16, 1982
- FDIC Cert
- 23992
- Fed RSSD
- 689209
- Website
- www.countrybank.com →
- Parent Holding Company
- 1850 FINANCIAL, INC. (RSSD 6128353)
- Ultimate Parent
- 1850 FINANCIAL MHC (RSSD 6083434)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Country Bank for Savings reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Country Bank for Savings's total assets ran between $1.82B (Q3 2023) and $2.24B (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$2.24B total assets against $2.15B; $1.92B total liabilities against $1.85B.
$1.74B net loans and leases against $1.66B; $1.73B total deposits against $1.50B.
$337.5M securities against $331.1M; $98.5M cash and balances due against $89.0M.
$28.6M total interest income against $25.9M; $9.7M total interest expense against $9.9M.
$18.9M net interest income against $16.0M.
$2.4M total noninterest income against $2.1M; $14.3M total noninterest expense against $13.7M.
$0 provision for credit losses against $765K.
$5.3M net income against $2.7M.
0.94% return on assets against 0.50%; 3.43% net interest margin against 3.07%.
14.84% tier 1 leverage ratio against 14.85%.
Inside the full Country Bank for Savings terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this 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.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Country Bank for Savings rankings
Its closest position to the top of a national ranking is 550 of 4,196, for total assets; its furthest is 2,641 of 3,611, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.38% (Q4 2024) to 0.94% (Q2 2026) and its net interest margin ran from 2.77% (Q3 2024) to 3.43% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.84% | 0.94% | 1.14% | 5.96% | 3.43% |
| Q1 2026 | 14.83% | 0.68% | 1.17% | 6.17% | 3.23% |
| Q4 2025 | 14.77% | 0.68% | 1.19% | 6.22% | 3.26% |
| Q3 2025 | 14.72% | 0.75% | 1.17% | 6.21% | 3.18% |
| Q2 2025 | 14.85% | 0.50% | 1.23% | 6.52% | 3.07% |
| Q1 2025 | 15.60% | 0.45% | 1.30% | 6.62% | 3.00% |
| Q4 2024 | 15.63% | 0.38% | 1.35% | 6.65% | 2.96% |
| Q3 2024 | 15.71% | 0.50% | 1.38% | 6.80% | 2.77% |
Swipe the table sideways to see every column.
Branch Network
View all 16 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Country Bank for Savings (main office) | Ware , MA | 01082 | $407.1M |
| Palmer Branch | Palmer , MA | 01069 | $222.3M |
| Wilbraham Branch | Wilbraham , MA | 01095 | $217.0M |
| Ludlow Branch | Ludlow , MA | 01056 | $147.5M |
| North Main Street Branch | Belchertown , MA | 01007 | $129.8M |
| West Brookfield Branch | West Brookfield , MA | 01585 | $101.1M |
| Charlton Branch | Charlton , MA | 01507 | $100.5M |
| 1084 Main Street Branch | Leicester , MA | 01524 | $98.2M |
| Country Bank Longmeadow Branch | Longmeadow , MA | 01106 | $71.6M |
| Worcester Branch | Worcester , MA | 01609 | $67.0M |
| Brimfield Branch | Brimfield , MA | 01010 | $65.6M |
| Paxton Branch | Paxton , MA | 01612 | $54.2M |
| Country Bank Tatnuck Sq. Branch | Worcester , MA | 01602 | $15.2M |
| Country Bank Grafton St. Branch | Worcester , MA | 01604 | $11.7M |
| Country Bank Springfield Branch | Springfield , MA | 01115 | $11.1M |
| Country Bank Uxbridge Branch | Uxbridge , MA | 01569 | $8.9M |
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 |
|---|---|---|---|
| January 1, 1998 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 1998 | Structure Change | Acquired Leicester Savings Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 1, 1981 | Structure Change | Charter Discontinued (Merger or Purchase & Assumption) | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 3 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.3% of deposits in MA, rank 34 of 112 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 4 loans, $491K approved, $123K 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).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows Country Bank for Savings’s latest filed figures and updates each quarter.
Similar banks
Compare Country Bank for Savings with peers
Frequently asked about Country Bank for Savings
What are Country Bank for Savings's total assets?
As of the Q2 2026 filing, Country Bank for Savings reported total assets of $2.24 billion in its FFIEC call report.
Where is Country Bank for Savings headquartered?
It is headquartered in Ware, MA, United States.
When was Country Bank for Savings founded?
It was established in 1850, per the FDIC institution directory.
Is Country Bank for Savings FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #23992). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Country Bank for Savings?
Country Bank for Savings's primary federal regulator is the FDIC.
How many branches does Country Bank for Savings operate?
It operates 15 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Country Bank for Savings's Texas Ratio?
Its Texas Ratio is 5.96% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
Go deeper on Country Bank for Savings.
Get an email when Country Bank for Savings files its next call report, and benchmark it against any peer you choose.
Unlock Country Bank for Savings, freeFree account