This comparison uses public regulatory filings and TFS methodology. It evaluates financial condition—not checking rates, account fees, service quality, or which institution is universally “best.”
Bank
Middletown, NY
Health score
81.5
Total assets
$188.0M
Bank
Carmel, NY
Health score
89.7
Total assets
$182.7M
Answer first
First Federal Savings of Middletown leads on capitalization and profitability and lending quality; The Putnam County National Bank of Carmel leads on financial health and growth. Those category leads describe current regulatory metrics only and do not establish a universal product or service winner.
Capital and asset-quality definitions are directly comparable for this pair.
Category leaders
Financial health
The Putnam County National Bank of Carmel
Higher TFS health score
Capitalization
First Federal Savings of Middletown
Higher comparable capital ratio
Profitability
First Federal Savings of Middletown
Higher return on assets
Lending quality
First Federal Savings of Middletown
Lower problem-loan measure
Growth
The Putnam County National Bank of Carmel
Higher year-over-year asset growth
Same-source detail
Winner markers appear only where the metric definitions are comparable and both values are available.
| Metric | First Federal Savings of Middletown | The Putnam County National Bank of Carmel |
|---|---|---|
| TFS health score | 81.5/100 | 89.7/100Leads |
| Total assets | $188.0M | $182.7M |
| Total deposits / shares | $112.3M | $135.2M |
| Tier 1 capital ratio | 36.94%Leads | 26.77% |
| Return on assets | 1.86%Leads | 1.31% |
| Return on equity | 5.08% |
First Federal Savings of Middletown
1 branches
The Putnam County National Bank of Carmel
6 branches
Both institutions report branches in 1 state: NY.
First Federal Savings of Middletown
Unavailable
The Putnam County National Bank of Carmel
Unavailable
Counts use an explicitly reviewed CFPB-company-to-regulatory-ID mapping and the same complete 12-month window. Parent-company attribution can include complaints involving affiliates. Lower complaint volume is context—not proof of better service or less consumer harm.
First Federal Savings of Middletown
0 in TFS registry
The Putnam County National Bank of Carmel
0 in TFS registry
Institution-level actions come from TFS's exact regulatory-ID registry and are shown as factual context only. They do not affect category winners or the TFS Financial Health Grade. A zero means no action is currently published in this curated registry—not proof that none exists.
Quarterly history
| Quarter | First Federal Savings of Middletown score | First Federal Savings of Middletown ROA | The Putnam County National Bank of Carmel score | The Putnam County National Bank of Carmel ROA |
|---|---|---|---|---|
| 2024-Q3 | — | 1.69% | — | 1.21% |
| 2024-Q4 | — | 1.53% | — | 1.07% |
| 2025-Q1 | — | 2.12% | — | 0.88% |
| 2025-Q2 | — | 2.24% | — | 1.07% |
| 2025-Q3 | — | 2.18% | — | 1.10% |
| 2025-Q4 | — | 1.86% | — | 1.16% |
| 2026-Q1 |
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Coverage boundaries
Related comparisons
Financial data comes from FDIC BankFind Suite or NCUA Call Reports as labeled. TFS Health Grades are an editorial assessment, not an official government rating or financial advice. Arbitrary comparison pairs are available dynamically but remain noindex unless curated for data completeness and user value.
| 5.05% |
| Non-performing loans | 0.00%Leads | 0.48% |
| Net charge-offs | 0.46% | -0.00%Leads |
| Efficiency ratio | 45.69%Leads | 62.97% |
| Loan-to-deposit ratio | 132.60% | 89.87% |
| Asset growth (YoY) | 3.89% | 5.27%Leads |
| Deposit / share growth (YoY) | 3.38% | 5.41%Leads |
| Branches | 1 | 6 |
| Published CFPB complaints per $1B deposits (12 months)verified mappings only | — | — |
| 80.9/100 |
| 2.08% |
| 84.2/100 |
| 1.02% |
| 2026-Q2 | 81.5/100 | 1.86% | 89.7/100 | 1.31% |