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Spencer Savings Bank, SLA

$1B-$10B Specialty: Commercial NJ FDIC cert 30076

Designations: ✓ Community bank ✓ Mutual

Elmwood Park, NJ

28 branches across NJ

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 885 banks in the $1B-$10B peer group nationwide — 1 of 18 in NJ.
  • Deposits -1.5% year over year ($3.0B on the books).
  • Delinquency rate 0.58%.
  • Return on assets 0.63%.
  • Efficiency ratio 66.68% vs a 59.73% peer average.
  • Loan-to-deposit ratio 107.37% vs a 85.04% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

885 banks in the $1B-$10B peer group nationally 18 in NJ
View $1B-$10B leaderboard (NJ) →

Spencer Savings Bank, SLA has 1 strength but faces 6 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Delinquency Rate 0.29% below tier average

Key Concerns

Areas that may need attention

  • - Liquidity Overhang: Bottom 19.2% in tier
  • - Flatlined Growth: Bottom 24.7% in tier
  • - Net Interest Margin 1.03% below tier average
  • - Non-Interest Income / Assets 0.44% below tier average
  • - ROA 0.76% below tier average
  • - Efficiency Ratio 6.95% above tier average
Get updates when Spencer Savings Bank, SLA releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (NJ) National Avg Tier Percentile
Total Assets ? $4.0B
+1.4% YoY +0.3% QoQ
+$1.2B $2.8B
-0.6% YoY
$4.4B
+7.9% YoY
$6.3B
+7.7% YoY
81%
Total Loans ? $3.3B
+3.3% YoY +0.5% QoQ
+$1.3B $2.0B
-0.3% YoY
$3.3B
+6.8% YoY
$3.2B
+9.4% YoY
84%
Total Deposits ? $3.0B
-1.5% YoY -2.4% QoQ
+$720.9M $2.3B
-0.5% YoY
$3.6B
+8.2% YoY
$4.9B
+7.3% YoY
78%
Return on Assets ? 0.63%
+36.8% YoY +1.7% QoQ
-0.76% 1.39%
+17.0% YoY
0.53%
-11.1% YoY
1.30%
+12.1% YoY
Bottom 11.3% in tier
Net Interest Margin ? 2.84%
+20.2% YoY +1.2% QoQ
-1.03% 3.87%
+6.2% YoY
3.11%
+4.3% YoY
3.95%
+4.9% YoY
Bottom 9.9% in tier
Efficiency Ratio ? 66.68%
-11.2% YoY -0.2% QoQ
+6.95% 59.73%
-12.6% YoY
78.52%
+3.6% YoY
70.05%
+2.5% YoY
28%
Delinquency Rate ? 0.58%
-12.8% YoY +10.1% QoQ
-0.29% 0.87%
+11.7% YoY
0.69%
-16.2% YoY
0.98%
+16.3% YoY
46%
Loan-to-Deposit Ratio ? 107.37%
+4.9% YoY +3.0% QoQ
+22.34% 85.04%
-0.1% YoY
81.90%
-3.2% YoY
79.03%
+2.3% YoY
Bottom 5.3% in tier
Non-Interest-Bearing Deposit Share ? 11.45%
+1.9% YoY +4.3% QoQ
-9.83% 21.27%
-1.5% YoY
16.56%
-0.1% YoY
21.98%
-0.6% YoY
Bottom 14.2% in tier
Nonperforming Asset Ratio ? 0.47%
-11.1% YoY +10.3% QoQ
-0.20% 0.67%
+11.7% YoY
0.61%
-0.3% YoY
0.69%
+15.8% YoY
46%
Tier 1 Capital Ratio ? 16.80%
+1.7% YoY +0.4% QoQ
+1.96% 14.84%
-0.4% YoY
19.31%
+2.7% YoY
17.09%
+0.8% YoY
85%
Non-Interest Income / Assets ? 0.08%
-2.7% YoY +108.0% QoQ
-0.44% 0.53%
+2.5% YoY
0.77%
-2.9% YoY
0.66%
+5.2% YoY
Bottom 7.3% in tier

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (NJ) National Avg Tier Percentile
Noninterest-Bearing 11.4%
+0.2pp YoY
+0.5pp QoQ
 -9.9pp 21.4% 16.6% 22.2% 14%
Brokered Deposits n/a n/a 9.5% 10.1% 8.5% n/a

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (NJ) National Avg Tier Percentile
C&I 1.6%
+0.2pp YoY
+0.1pp QoQ
 -12.4pp 14.0% 6.5% 12.5% 4%
CRE 81.2%
+1.3pp YoY
+0.1pp QoQ
 +31.2pp 50.0% 56.3% 41.4% 96%
1-4 Family 17.8%
-1.6pp YoY
-0.1pp QoQ
 -8.6pp 26.4% 39.4% 31.3% 38%
Consumer 0.2%
0.0pp YoY
0.0pp QoQ
 -4.5pp 4.7% 4.3% 5.0% 18%

Capital

Metric Current vs Tier Tier Avg State Avg (NJ) National Avg Tier Percentile
CET1 Ratio 16.8%
+0.3pp YoY
+0.1pp QoQ
 +1.2pp 15.6% 18.8% 19.7% 82%
Leverage Ratio 11.2%
+0.5pp YoY
+0.1pp QoQ
 -0.1pp 11.3% 13.4% 12.6% 64%
Total Capital Ratio 17.9%
+0.2pp YoY
+0.1pp QoQ
 +1.2pp 16.7% 19.8% 20.8% 82%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (NJ) National Avg Tier Percentile
Full-Time Employees 328
+7 (+2.2%) YoY
+9 (+2.8%) QoQ
 +14 313 336 482 69%
Assets per Employee ($) $12.3M
-0.8% YoY
-2.5% QoQ
 +$1.8M $10.5M $11.2M $8.8M 80%
Branch Count 28
0 YoY
0 QoQ
 +8 20 20 18 80%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (NJ) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.2% 0.1% 0.4% n/a
Nonaccrual 0.6%
-0.1pp YoY
+0.1pp QoQ
 -0.2pp 0.8% 0.8% 1.0% 55%
Allowance Coverage 1.45x
+9.4% YoY
-10.1% QoQ
 -17.26x 18.71x 6.57x 20.23x 37%
Net Charge-off Rate (YTD) 0.0%
0.0pp YoY
0.0pp QoQ
 -0.2pp 0.3% 0.2% 0.2% 40%

Profitability

Metric Current vs Tier Tier Avg State Avg (NJ) National Avg Tier Percentile
ROE 5.4%
+1.2pp YoY
+0.1pp QoQ
 -7.2pp 12.6% 6.4% 11.6% 9%
Cost of Funds (YTD) 2.3%
-0.3pp YoY
0.0pp QoQ
 +0.3pp 1.9% 1.9% 1.7% 76%
Net Income ($, YTD) $12.8M
+37.3% YoY
— QoQ
 -$6.4M $19.2M $19.8M $40.4M 52%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (2)

Liquidity Overhang

risk
#34 of 172 • Bottom 19.2% in tier

Exceptional capital position (Tier 1 >= 16%, top quartile). Strong fundamentals - opportunity to deploy capital more productively.

Why this signature
Tier 1 Capital Ratio: 16.80%
(Tier: 14.84%, National: 17.09%)
better than tier avg
Loan-to-Deposit Ratio: 107.37%
(Tier: 85.04%, National: 79.03%)
worse than tier avg
172 of 172 Mid-Market banks match · 940 nationally
→ Stable +7 banks QoQ | QoQ rank improving

Flatlined Growth

risk
#41 of 162 • Bottom 24.7% in tier

Asset growth stalled (-2% to +2% YoY) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.

Why this signature
Return on Assets: 0.63%
(Tier: 1.39%, National: 1.30%)
worse than tier avg
162 of 162 Mid-Market banks match · 719 nationally
→ Stable +34 banks QoQ | QoQ rank declining

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 885 peers in $1B-$10B

Top Strengths (4 metrics)

136
Tier 1 Capital Ratio
capital
Value: 16.80%
Peer Median: 14.84%
#136 of 885 Top 15.3% in $1B-$10B
144
Total Loans
size
Value: $3.26B
Peer Median: $1.96B
#144 of 885 Top 16.2% in $1B-$10B
170
Total Assets
size
Value: $4.04B
Peer Median: $2.79B
#170 of 885 Top 19.1% in $1B-$10B
196
Total Deposits
size
Value: $3.04B
Peer Median: $2.32B
#196 of 885 Top 22.0% in $1B-$10B

Top Weaknesses (5 metrics)

839
Loan-to-Deposit Ratio
liquidity
Value: 107.37%
Peer Median: 85.04%
#839 of 885 Bottom 5.3% in $1B-$10B
821
Non-Interest Income / Assets
revenue_mix
Value: 0.08%
Peer Median: 0.53%
#821 of 885 Bottom 7.3% in $1B-$10B
798
Net Interest Margin
profitability
Value: 2.84%
Peer Median: 3.87%
#798 of 885 Bottom 9.9% in $1B-$10B
786
Return on Assets
profitability
Value: 0.63%
Peer Median: 1.39%
#786 of 885 Bottom 11.3% in $1B-$10B
760
Non-Interest-Bearing Deposit Share
funding
Value: 11.45%
Peer Median: 21.27%
#760 of 885 Bottom 14.2% in $1B-$10B
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