Total Assets
$4.0B
Total balance-sheet footings
FDIC Cert #30076 · Elmwood Park, New Jersey · Est. 1939
Spencer Savings Bank, SLA - FDIC Bank Health Profile
A community-scale look at Spencer Savings Bank, SLA's own numbers, pulled straight from its quarterly FDIC Call Report.
- $4.0B
- Total assets
- B
- Health grade · Good
- 0.44%
- Return on assets
- 16.7%
- Tier 1 capital
Data updated July 2026
The verdict
Spencer Savings Bank, SLA earns a PlainBankData health grade of B (71/100), with well-capitalized at 16.68% Tier 1, 0.44% ROA, 76% efficiency ratio.
- #339
- largest of 4,313 FDIC banks by assets
- 92nd
- percentile by asset size, nationally
- 16.68%
- Tier 1 ratio - above the 10% well-capitalized line
- 14th
- percentile for profitability (ROA), nationally
PlainBankData assigns this grade from public Call Report data; it isn't an official FDIC rating, and your deposits remain insured to $250,000 per depositor, per ownership category no matter the score.
How Spencer Savings Bank, SLA's 71/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Spencer Savings Bank, SLA's composite health score
Tier 1 Capital Ratio (16.68%) 40/40
Return on Assets (ROA) (0.44%) 7/25
Texas Ratio (3.80%) 20/20
Efficiency Ratio (75.81%) 4/15
71 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$3.1B
Customer-funded liabilities
Net Loans
$3.2B
Outstanding loan book
Net Income
$18M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Spencer Savings Bank, SLA ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Spencer Savings Bank, SLA's score of 71/100 falls in the highlighted band.
Spencer Savings Bank, SLA's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Spencer Savings Bank, SLA's $4.0B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
16.68% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
16.68%
Texas Ratio
3.80%
Equity Capital
$468M
Profitability metrics
Return on Assets (ROA)
14th percentile nationally
0.44%
Return on Equity (ROE)
3.94%
Efficiency Ratio
75.81%
What the numbers say about Spencer Savings Bank, SLA
Spencer Savings Bank, SLA is an FDIC-insured institution (Certificate #30076) headquartered in Elmwood Park, New Jersey, established in 1939. It holds $4.0B in total assets - 339th of 4,313 FDIC-insured banks, $3.1B in customer deposits, and $3.2B in net loans. Its capital position: a Tier 1 ratio of 16.68%, meeting the 10% federal well-capitalized bar, alongside a Texas Ratio of 3.80% that is well inside the healthy sub-50% band. That combination rolls up into a PlainBankData health grade of B (71 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Nationally, Spencer Savings Bank, SLA sits in the top decile of all FDIC-insured institutions by asset size (339th of 4,313), and within New Jersey it ranks 9th of 51 state-chartered and national banks headquartered there. The next-largest bank in the state by assets is First Bank, at $4.0B. A bank of this scale carries systemic weight in its market -- its lending and deposit decisions move local credit availability in a way a community-scale institution's simply cannot.
Income & expense breakdown
$186M
Interest Income
$7M
Non-Interest Income
$75M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Spencer Savings Bank, SLA reports a Texas Ratio of 3.80% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
3.80% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in New Jersey by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Spencer Savings Bank, SLA (FDIC Cert #30076) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in New Jersey
All New Jersey banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Valley National BankPassaic | $64.1B | B | 0.99% |
| Provident BankJersey City | $24.9B | A | 1.28% |
| OceanFirst Bank, National AssociationToms River | $14.5B | B | 0.61% |
| ConnectOne BankEnglewood Cliffs | $14.0B | A | 0.77% |
| Columbia BankFair Lawn | $11.0B | B | 0.48% |
| Cross River BankFort Lee | $8.1B | C | 0.29% |
| Kearny BankKearny | $7.6B | C | 0.43% |
| Peapack Private Bank & TrustBedminster | $7.5B | C | 0.57% |
Frequently asked questions
What is Spencer Savings Bank, SLA's health grade?▼
Spencer Savings Bank, SLA receives a health grade of B (71/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows good financial health with solid capital levels above regulatory minimums.
How large is Spencer Savings Bank, SLA?▼
Spencer Savings Bank, SLA holds $4.0B in total assets and $3.1B in deposits, ranking 339th of 4,313 FDIC-insured banks by asset size. It is headquartered in Elmwood Park, New Jersey.
Is my money safe at Spencer Savings Bank, SLA?▼
Yes, deposits at Spencer Savings Bank, SLA (Certificate #30076) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Spencer Savings Bank, SLA's Tier 1 Capital Ratio?▼
Spencer Savings Bank, SLA has a Tier 1 Capital Ratio of 16.68%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for Spencer Savings Bank, SLA?▼
Spencer Savings Bank, SLA has a Texas Ratio of 3.80%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Spencer Savings Bank, SLA?▼
Spencer Savings Bank, SLA has an Efficiency Ratio of 75.81%. Past the 60% mark, a bigger slice of revenue is absorbed by operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Spencer Savings Bank, SLA's profile as a depositor or analyst.
- Spencer Savings Bank, SLA's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Spencer Savings Bank, SLA against other New Jersey banks before moving funds. New Jersey banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.