Easthampton Savings Bank grew its balance sheet over the last year, its management reported at the bank’s recent annual meeting.
“This past year represents yet another in a long string of excellent financial performances at Easthampton Savings,” President and CEO Matthew S. Sosik said in a statement.
Assets increased 4.7 percent, or $47.8 million, year-over-year to about $1.04 billion. Total loans increased 7 percent, or $50.9 million, to $783.9 million. Total deposits increased 5 percent, or $41.1 million, to $881 million. The bank’s capital ratio stood at 13 percent, as well.
Sosik also highlighted more than $350,000 in charitable donations over the prior year.



