Spencer Savings Bank, Savings and Loan Association
Elmwood Park, NJ·RSSD 845573·FDIC 30076·bank:845573·Risk-based ratios where reported
- #10 of 50Total assets in New Jersey
- Top 8%Total assets in the U.S.
- 28offices
- 328employees
- #10 of 48Margin improvement in New Jersey
Performance over time
23 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
FDIC reported categories · Shares of reported gross loans. Missing components are not treated as zero.
What stands out at Spencer Savings Bank, Savings and Loan Association
1 of 24 FORFI signals stand out against 271 similar banks, based on FDIC data for the quarter.
Fee and other noninterest income among the lowest of similar banksWorth a look: Earnings 2nd quarter0.18%peers 0.70%-52 bps
Spencer Savings Bank, Savings and Loan Association's noninterest income relative to average assets was 0.18%, compared with a median of 0.70% among 265 similar banks: lower than 95% of them.
| This institution | Peer median | Difference |
|---|---|---|
| Noninterest income relative to average assets | ||
| 0.18% | 0.70% | -52 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 271 banks with $3 billion to $10 billion in assets that filed FDIC data for the same quarter. Spencer Savings Bank, Savings and Loan Association itself is left out of every peer median and percentile. How signals work
Where Spencer Savings Bank, Savings and Loan Association differs most from peers
Loan-to-deposit ratio among the highest of similar banksContext: Liquidity108.3%peers 89.7%+18.6 pp
Spencer Savings Bank, Savings and Loan Association's loans as a share of deposits was 108.3%, compared with a median of 89.7% among 269 similar banks: higher than 92% of them.
| This institution | Peer median | Difference |
|---|---|---|
| Loans as a share of deposits | ||
| 108.3% | 89.7% | +18.6 pp |
Not a flagged change: this is where the institution sits furthest from similar institutions this quarter. Peers: 271 banks with $3 billion to $10 billion in assets that filed FDIC data for the same quarter. Spencer Savings Bank, Savings and Loan Association itself is left out of every peer median and percentile. How signals work
Efficiency ratio falling faster than peersContext: Efficiency66.7%peers 55.7%+10.9 pp
Spencer Savings Bank, Savings and Loan Association's efficiency ratio fell 7.7 percentage points over the past year to 66.7%. Among 264 similar banks, the median fell 2.1 percentage points.
| This institution | Peer median | Difference |
|---|---|---|
| Efficiency ratio | ||
| 66.7% | 55.7% | +10.9 pp |
| 12-month change | ||
| -7.7 pp | -2.1 pp | -5.6 pp |
Not a flagged change: this is where the institution sits furthest from similar institutions this quarter. Peers: 271 banks with $3 billion to $10 billion in assets that filed FDIC data for the same quarter. Spencer Savings Bank, Savings and Loan Association itself is left out of every peer median and percentile. How signals work
Key facts
- Spencer Savings Bank, Savings and Loan Association is a bank headquartered in Elmwood Park, New Jersey. It reported $4.0 billion in total assets for the quarter ended June 30, 2026.
- Deposits totaled $3.0 billion, down 1.5% from a year earlier, and loans totaled $3.3 billion, up 3.3%.
- Its net interest margin was 2.89% and its annualized return on assets was 0.65% for the quarter.
- Its cost of all deposits was 2.29%, compared with a median of 1.99% among 263 similar banks with $3 billion to $10 billion in assets.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With Spencer Savings Bank, Savings and Loan Association's own data, FORFI would look at: Which relationships and products drive the change in earnings, and where pricing has drifted.
Analysis workspaces
Sources and identifiers
- Institution
- Spencer Savings Bank, Savings and Loan Association · Bank
- Federal Reserve RSSD
- 845573
- FDIC certificate
- 30076
- Reporting period
- Peer group
- 271 banks with $3 billion to $10 billion in assets that filed FDIC data for the same quarter. Spencer Savings Bank, Savings and Loan Association itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
FDIC · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation | FDIC published reference |
|---|---|---|
| $6.51M | — | |
| $48.33M | — | |
| $21.32M | — | |
| $27M | — | |
| $1.78M | — | |
| $19.19M | — | |
| $0 | — | |
| $0 | — | |
| 0.65% | 0.65%ROAQ · Quarter | |
| 2.89% | 2.88%NIMYQ · Quarter | |
| 66.67% | 66.55%EEFFQR · adjusted · Quarter |
Credit-quality reconciliation · Source components agree. NALNLS (nonaccrual) + P9LNLS (90+ days accruing) = NCLNLS (noncurrent).
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-25T00:32:31.073937+00:00. Separate reference provenance is included in the export.