Woburn, MA · Cert 18266 · Northern Bcorp Inc.
State charter, non-member · FDIC · 14 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks $1B-$10B in assets in the Boston-Cambridge-Newton, MA-NH area (n=27). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
64
Asset Quality
20
Profitability
94
Liquidity
87
Efficiency
93
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Woburn, MA · Cert 18266 · Northern Bcorp Inc.
State charter, non-member · FDIC · 14 branches
Q2 2026
Market Position · Boston-Cambridge-Newton, MA-NH · 2026 SOD (annual) · 0.5% share · #17 of 100 inst. · $2.8B of $580.3B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.60% | 1.56% | 1.63% | 1.80% | 1.75% | 1.64% | 1.78% | 1.90% | +10 bps | |
| Return on Equity | 11.57% | 11.21% | 11.20% | 12.32% | 11.97% | 11.23% | 12.30% | 13.22% | +90 bps | |
| Net Interest Margin | 4.32% | 4.28% | 5.35% | 5.02% | 4.83% | 4.93% | 4.77% | 4.69% | -33 bps | |
| Efficiency Ratio | 44.91% | 47.35% | 33.49% | 37.10% | 40.01% | 46.23% | 49.17% | 47.08% | +998 bps | |
| Non-Interest Burden | 1.83% | 1.92% | 1.67% | 1.75% | 1.82% | 2.18% | 2.27% | 2.11% | +36 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.61% | 3.60% | -3.01% | -2.63% | 1.02% | -1.85% | 4.36% | 4.97% | +760 bps | |
| Loan Growth (YoY) | 7.18% | 3.48% | -2.64% | -1.36% | 0.15% | -0.44% | 6.43% | 3.82% | +518 bps | |
| Deposit Growth (YoY) | 7.67% | 5.29% | -3.53% | -4.25% | 1.23% | -3.70% | 4.88% | 5.76% | +1,001 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.26% | 2.20% | 2.43% | 2.50% | 3.19% | 3.07% | 2.09% | 2.07% | -43 bps | |
| Net Charge-Offs / Loans | 0.20% | 0.15% | 0.21% | 0.08% | 0.11% | 0.23% | 0.14% | 0.07% | -1 bps | |
| Allowance / Loans | 1.89% | 1.88% | 2.33% | 2.32% | 2.39% | 2.28% | 2.22% | 2.20% | -12 bps | |
| Allowance Coverage of NPLs | 1.5x | 0.9x | 1.0x | 0.9x | 0.7x | 0.7x | 1.1x | 1.1x | +0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 14.18% | 14.35% | 14.85% | 15.23% | 14.90% | 14.70% | 14.66% | 14.55% | -68 bps | |
| Total Risk-Based Capital | 16.34% | 16.45% | 17.19% | 17.28% | 17.05% | 16.63% | 16.41% | 16.56% | -72 bps | |
| Equity / Assets | 14.17% | 14.20% | 14.84% | 14.68% | 14.74% | 14.58% | 14.35% | 14.13% | -55 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 107.50% | 105.38% | 105.22% | 104.84% | 106.36% | 108.94% | 106.77% | 102.92% | -192 bps | |
| Liquid Assets / Assets | 3.03% | 3.76% | 5.32% | 5.19% | 3.93% | 2.01% | 2.15% | 5.21% | +2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 250% | 250% | 262% | n/a | n/a | |
Woburn, MA · Cert 18266 · Peer group: banks $1B-$10B in assets in the Boston-Cambridge-Newton, MA-NH area (n=27) · Northern Bcorp Inc.
State charter, non-member · FDIC · 14 branches
Q2 2026
Return on Assets
1.83%
Rank 2 of 27
Net Interest Margin
4.69%
Rank 1 of 27
Efficiency Ratio
47.08%
Rank 3 of 27
Equity / Assets
14.13%
Rank 5 of 27
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.83% | 0.48% | 0.78% | 0.99% | Beats 93% | 2 / 27 | ||
| Return on Equity | 12.98% | 5.50% | 7.06% | 8.20% | Beats 93% | 2 / 27 | ||
| Net Interest Margin | 4.69% | 2.49% | 2.70% | 3.34% | Beats 96% | 1 / 27 | ||
| Efficiency Ratio | 47.08% | 59.27% | 68.19% | 75.85% | Beats 93% | 3 / 27 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 2.07% | 0.20% | 0.58% | 1.15% | Beats 7% | 26 / 27 | ||
| Net Charge-Offs / Loans | 0.04% | 0.00% | 0.01% | 0.05% | Beats 33% | 19 / 27 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 15.30% | 13.21% | 14.69% | 16.81% | Beats 56% | 12 / 27 | ||
| Total Risk-Based Capital Ratio | 16.56% | 13.71% | 15.43% | 18.07% | Beats 56% | 12 / 27 | ||
| Equity / Assets | 14.13% | 9.62% | 11.14% | 13.14% | Beats 81% | 5 / 27 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 102.92% | 91.42% | 101.19% | 107.11% | 63rd pctl | 10 / 27 | ||
| Loans / Assets | 85.84% | 75.31% | 80.56% | 83.39% | 81st pctl | 5 / 27 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||