Ware, MA · Cert 23992
SI · FDIC · 16 branches
Q2 2026
Market Position · Springfield, MA · 2026 SOD (annual) · 5.2% share · #8 of 18 inst. · $0.7B of $14.1B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.50% | 0.38% | 0.44% | 0.51% | 0.76% | 0.68% | 0.68% | 0.94% | +44 bps | |
| Return on Equity | 3.42% | 2.60% | 3.08% | 3.59% | 5.43% | 4.82% | 4.80% | 6.66% | +307 bps | |
| Net Interest Margin | 2.71% | 2.89% | 2.92% | 3.00% | 3.11% | 3.19% | 3.16% | 3.36% | +36 bps | |
| Efficiency Ratio | 79.21% | 83.75% | 82.36% | 75.19% | 70.06% | 69.96% | 72.98% | 67.22% | -797 bps | |
| Non-Interest Burden | 2.05% | 2.36% | 2.35% | 2.16% | 2.07% | 2.13% | 2.19% | 2.12% | -4 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.91% | 6.68% | 10.60% | 11.30% | 10.36% | 11.15% | 7.11% | 4.07% | -723 bps | |
| Loan Growth (YoY) | 6.34% | 4.89% | 10.96% | 14.34% | 13.49% | 14.05% | 9.29% | 4.64% | -970 bps | |
| Deposit Growth (YoY) | 10.27% | 8.11% | 9.36% | 3.24% | 11.98% | 15.20% | 10.87% | 15.51% | +1,227 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.38% | 1.35% | 1.30% | 1.23% | 1.17% | 1.19% | 1.17% | 1.14% | -9 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.01% | 0.00% | 0.00% | 0.01% | -0.01% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.97% | 0.97% | 0.93% | 0.92% | 0.93% | 0.99% | 0.99% | 0.99% | +6 bps | |
| Allowance Coverage of NPLs | 0.7x | 0.7x | 0.7x | 0.7x | 0.8x | 0.8x | 0.8x | 0.9x | +0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 15.71% | 15.63% | 15.60% | 14.85% | 14.72% | 14.77% | 14.83% | 14.84% | -1 bps | |
| Total Risk-Based Capital | 15.71% | 15.63% | 15.60% | 14.85% | 14.72% | 14.77% | 14.83% | 14.84% | -1 bps | |
| Equity / Assets | 14.66% | 14.63% | 14.26% | 13.94% | 13.98% | 14.12% | 14.09% | 14.22% | +28 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.65% | 104.46% | 105.46% | 112.14% | 105.05% | 103.41% | 103.96% | 101.58% | -1,056 bps | |
| Liquid Assets / Assets | 9.15% | 9.11% | 7.90% | 8.06% | 8.59% | 8.63% | 8.20% | 8.15% | +10 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 335% | 333% | 339% | n/a | n/a | |