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Bank of Utica

Utica, NY · Cert 13397

State charter, non-member · FDIC · 1 branch

Q2 2026

$1.5BAssets
$154.3MLoans
$1.1BDeposits
$391.6MEquity
Loan mix
27%RE $39.4M68%C&I $98.6M4%Consumer $6.3MQ3 2024Q2 2026
Deposit mix
94%Interest-bearing $1.0B6%Noninterest $0.1BQ3 2024Q2 2026

Market Position · Utica-Rome, NY · 2026 SOD (annual) · 19.0% share · #1 of 9 inst. · $1.1B of $5.6B

Executive Summary

  • Earnings: ROA of 4.80%, up 321 bps year over year; NIM at 1.89%.
  • Asset quality: problem loans at 0.59% of loans (-71 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 26.49%, up 223 bps from a year ago.
  • Funding: loans stand at 14.37% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

4.80%1+321 bps YoY

Net Interest Margin (YTD, annualized)

1.89%+14 bps YoY

Efficiency Ratio (YTD, annualized)

35.02%-286 bps YoY

Tier 1 Leverage Ratio

26.49%+223 bps YoY

NIM

3.25%Q2 ’243.68%Q2 ’253.79%Q2 ’26+12%+8%

Non-interest income vs. expense

0.71%Q2 ’240.68%Q2 ’250.67%Q2 ’26-6%+1%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets2.34%11.50%0.90%1.59%2.18%12.31%13.06%14.80%1+321 bps
Return on Equity9.41%6.10%3.78%6.67%9.09%9.48%11.97%18.69%+1,201 bps
Net Interest Margin1.58%1.54%1.66%1.75%1.75%1.79%1.86%1.89%+14 bps
Efficiency Ratio43.57%42.86%40.74%37.87%37.61%36.73%36.82%35.02%-286 bps
Non-Interest Burden0.67%0.65%0.65%0.63%0.63%0.64%0.66%0.64%0 bps
Growth
Asset Growth (YoY)3.89%7.26%8.58%7.76%5.97%1.18%2.04%6.68%-107 bps
Loan Growth (YoY)16.79%15.97%15.44%13.24%10.57%14.32%16.78%20.34%+710 bps
Deposit Growth (YoY)1.57%7.89%11.37%8.97%6.37%-1.64%-1.34%3.03%-594 bps
Asset Quality
Nonperforming Loans / Loans0.96%1.14%1.11%1.30%1.87%0.67%0.81%0.59%-71 bps
Net Charge-Offs / Loans-0.01%0.00%-0.02%-0.01%0.05%0.06%0.02%0.01%+2 bps
Allowance / Loans0.89%0.92%0.91%0.90%0.82%0.80%1.11%0.83%-7 bps
Allowance Coverage of NPLs0.9x0.8x0.8x0.7x0.4x1.2x1.4x1.4x+0.7x
Capital
Tier 1 Leverage Ratio25.41%24.06%24.01%24.27%24.87%25.55%25.79%26.49%+223 bps
Total Risk-Based Capital25.41%24.06%24.01%24.27%24.87%25.55%25.79%26.49%+223 bps
Equity / Assets24.93%23.86%23.58%24.06%24.59%25.55%25.56%25.96%+190 bps
Liquidity & Funding
Loans / Deposits12.31%12.12%11.86%12.30%12.79%14.09%14.04%14.37%+207 bps
Liquid Assets / Assets75.57%76.78%77.04%76.40%75.50%74.29%74.02%73.33%-307 bps
CRE / Total Capitaln/an/an/an/a9.82%10.19%10.15%n/an/a