Florence Bank

Florence, MA · Cert 23293 · Florence Bcorp MHC

SI · FDIC · 13 branches

Q2 2026

$2.0BAssets

$1.3BLoans

$1.8BDeposits

$216.4MEquity

Loan mix

Deposit mix

NIM

Market Position · Amherst Town-Northampton, MA · 2026 SOD (annual) · 25.3% share · #1 of 15 inst. · $1.7B of $6.6B

25.3% Hampshire

0.9% Hampden

Earnings: ROA of 0.78%, up 4 bps year over year; NIM at 2.72%.
Asset quality: problem loans at 0.46% of loans (+25 bps YoY), with net charge-offs at 0.01%.

Return on Assets (quarter, annualized)

0.78%+4 bps YoY

Net Interest Margin (quarter, annualized)

2.72%+14 bps YoY

Efficiency Ratio (quarter, annualized)

66.13%-105 bps YoY

Tier 1 Leverage Ratio

12.23%+24 bps YoY

Discrete quarter, annualized.

Metric	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ
Earnings
Return on Assets	0.74%	0.70%	0.50%	0.66%	0.78%	+4 bps
Return on Equity	7.35%	6.75%	4.81%	6.28%	7.37%	+2 bps
Net Interest Margin	2.59%	2.63%	2.58%	2.62%	2.72%	+14 bps
Efficiency Ratio	67.18%	65.88%	74.75%	70.52%	66.13%	-105 bps
Non-Interest Burden	1.60%	1.59%	1.83%	1.74%	1.67%	+7 bps
Growth
Asset Growth (YoY)	-8.43%	-8.45%	2.37%	2.44%	3.79%	+1,222 bps
Loan Growth (YoY)	2.76%	4.09%	4.37%	5.42%	6.63%	+387 bps
Deposit Growth (YoY)	1.94%	2.33%	3.53%	4.06%	5.98%	+404 bps
Asset Quality
Nonperforming Loans / Loans	0.21%	0.26%	0.21%	0.49%	0.46%	+25 bps
Net Charge-Offs / Loans	0.01%	0.01%	0.01%	0.01%	0.01%	0 bps
Allowance / Loans	0.59%	0.62%	0.63%	0.64%	0.66%	+7 bps
Allowance Coverage of NPLs	2.8x	2.4x	3.0x	1.3x	1.5x	-1.3x
Capital
Tier 1 Leverage Ratio	12.00%	12.14%	12.10%	12.22%	12.23%	+24 bps
Total Risk-Based Capital	12.00%	12.14%	12.10%	12.22%	12.23%	+24 bps
Equity / Assets	10.27%	10.53%	10.40%	10.54%	10.74%	+47 bps
Liquidity & Funding
Loans / Deposits	71.04%	72.11%	70.76%	70.49%	71.48%	+44 bps
Liquid Assets / Assets	16.24%	15.59%	16.23%	16.58%	15.62%	-62 bps
CRE / Total Capital	n/a	179.99%	187.35%	188.57%	n/a	n/a