Pittsfield, MA · Cert 23621
FDIC · 85 branches
Q2 2025
Market Position · Worcester, MA · 2025 SOD (annual) · 9.7% share · #3 of 28 inst. · $2.3B of $23.7B
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 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.12% | 0.51% | 0.60% | 0.91% | 0.99% | +87 bps | |
| Return on Equity | 1.39% | 5.83% | 6.82% | 9.66% | 10.39% | +900 bps | |
| Net Interest Margin | 3.04% | 3.04% | 3.06% | 3.08% | 3.11% | +7 bps | |
| Efficiency Ratio | 65.79% | 61.79% | 61.98% | 61.57% | 59.22% | -657 bps | |
| Non-Interest Burden | 1.83% | 1.60% | 1.62% | 1.67% | 1.60% | -23 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 1.07% | -4.40% | -1.27% | -1.05% | -1.53% | -260 bps | |
| Loan Growth (YoY) | 5.00% | 3.07% | 3.83% | 3.06% | 1.79% | -321 bps | |
| Deposit Growth (YoY) | 0.12% | -4.29% | -1.81% | -4.18% | -0.33% | -45 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.35% | 0.33% | 0.33% | 0.32% | 0.32% | -4 bps | |
| Net Charge-Offs / Loans | 0.12% | 0.16% | 0.16% | 0.15% | 0.14% | +2 bps | |
| Allowance / Loans | 1.20% | 1.21% | 1.22% | 1.24% | 1.23% | +3 bps | |
| Allowance Coverage of NPLs | 3.4x | 3.7x | 3.7x | 3.9x | 3.9x | +0.5x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 9.80% | 10.16% | 10.44% | 10.44% | 10.59% | +79 bps | |
| Total Risk-Based Capital | 13.29% | 13.66% | 13.78% | 14.15% | 14.24% | +95 bps | |
| Equity / Assets | 8.64% | 9.67% | 9.18% | 9.65% | 9.82% | +117 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 91.75% | 95.95% | 89.05% | 94.03% | 93.71% | +196 bps | |
| Liquid Assets / Assets | 12.35% | 8.17% | 11.85% | 9.98% | 9.54% | -281 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |