What changed in this filing

/stocks — the workspaceLOADING

Item 2. Properties

2024-03-08 compared with 2023-03-10 · 75 added, 32 removed, 42 unchanged (72% of the section changed)

Company currently conducts business through our twenty-five banking offices, ten free-standing ATMs and an additional fourteen

free-standing and thirty-one seasonal or temporary ATMs that are owned and serviced by a third party, whereby the Bank pays a

rental fee and shares in the surcharge revenue.

The following table sets forth certain information regarding our properties as

of December 31, 2022.

As of this date, the premises and equipment, net of depreciation, owned by us had an aggregate net book

value of $25.0 million.

The Company currently

conducts business through our twenty-five banking offices, ten free-standing ATMs and an additional fourteen free-standing and

thirty-three seasonal or temporary ATMs that are owned and serviced by a third party, whereby the Bank pays a rental fee and shares

in the surcharge revenue.

The following table sets forth certain information regarding our properties as of December 31, 2023.

As of this date, the premises and equipment, net of depreciation, owned by us had an aggregate net book value of $25.6 million.

We believe that our existing facilities are sufficient for our current needs.

Year of Lease or License Expiration

141 Elm Street

Westfield, MA

Technology Center:

9-13 Chapel Street

Westfield, MA

Retail Lending:

136 Elm Street

Westfield, MA

Commercial Lending & Middle Market:

Commercial Lending/Credit

Admin and Training Center:

1500 Main Street

Springfield, MA

Commercial Lending/Credit Admin and Training Center:

219/229 Exchange Street

Branch Offices:

Springfield, MA

206 Park Street

West Springfield, MA

655 Main Street

26 Arnold Street

Westfield, MA

300 Southampton Road

Westfield, MA

462 College Highway

Southwick, MA

382 North Main Street

Longmeadow, MA

East Longmeadow, MA

1500 Main Street

Springfield, MA

Year of Lease or License Expiration

1650 Northampton Street

560 East Main Street

Westfield, MA

237 South Westfield Street

Feeding Hills, MA

12 East Granby Road

47 Palomba Drive

Springfield, MA

39 Morgan Road

West Springfield, MA

1342 Liberty Street (1)

Springfield, MA

70 Center Street

569 East Street

599 Memorial Drive

Center Street

435 Burnett Road

477A Center Street

350 Palmer Road

32 Willamansett Street

South Hadley, MA

14 Russell Road

Huntington, MA

337 Cottage Grove Road

Bloomfield, CT

977 Farmington Avenue

Memorial Avenue

West Hartford, CT

Year of Lease or License Expiration

516 Carew Street

Springfield, MA

Westfield Street

1000 State Street

Springfield, MA

788 Memorial Avenue

West Springfield, MA

2620 Westfield Street

West Springfield, MA

Tenant at will

98 Southwick Road

Westfield, MA

115 West Silver Street

Westfield, MA

Tenant at will

98 Lower Westfield Road

State University

Westfield State University

577 Western Avenue

Westfield, MA

Tenant at will

1 unchanged sentence

208 College Highway

Southwick, MA

110 Cherry Street

2 unchanged sentences

Tenant at will

Visitors Center

Springfield Visitors Center

1319 Main Street

Springfield, MA

Union Station

Murray Street

Springfield, MA

701 Center Street

Tenant at will

627 Randall Road

Tenant at will

26 Central Street

Springfield, MA

West Springfield, MA

Tenant at will

1144 Southampton Road

Westfield, MA

Year of Lease or License Expiration

1305 Memorial Avenue

Springfield, MA

Better Living

Center (Door 6)

West Springfield, MA

Better Living Center

Better Living Center (Door 6)

Big E Coliseum

Big E Young Building

Big E Mallary

parking lot on this property is leased.

The lease expires in 2023 and the Company intends

to renew the lease.

(2) Thirty-one

of the Bank’s ATMs are seasonal and not listed individually above.

Thirty of the

seasonal ATMs are located on the Big E grounds during events and one additional ATM is

located in Westfield.

Big E Mallary Complex

_____________________________

(1) The parking lot on this property is leased.

The lease expires in 2028.

(2) Thirty-three of the Bank’s ATMs are seasonal and not listed individually above.

of the seasonal ATMs are located on the Big E grounds during events and one additional ATM is located in Westfield.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 2. Properties