Millbury, MA · Cert 2616
National charter · OCC · 1 branch
Q2 2026
Market Position · Worcester, MA · 2026 SOD (annual) · 0.5% share · #25 of 26 inst. · $0.1B of $22.5B
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 | 0.42% | 0.51% | 0.29% | 0.76% | 0.74% | 0.99% | 0.90% | 0.80% | +5 bps | |
| Return on Equity | 4.95% | 5.98% | 3.40% | 8.65% | 8.32% | 10.87% | 9.64% | 8.73% | +8 bps | |
| Net Interest Margin | 4.07% | 4.08% | 3.99% | 4.62% | 4.50% | 4.69% | 4.69% | 4.92% | +30 bps | |
| Efficiency Ratio | 85.63% | 82.56% | 87.24% | 76.73% | 76.18% | 70.14% | 71.94% | 68.50% | -824 bps | |
| Non-Interest Burden | 3.47% | 3.34% | 3.47% | 3.52% | 3.40% | 3.26% | 3.34% | 3.34% | -18 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.32% | 11.28% | 6.87% | 6.77% | 5.56% | 4.90% | 4.25% | 8.01% | +124 bps | |
| Loan Growth (YoY) | 19.80% | 14.88% | 8.21% | 2.35% | 7.16% | 8.57% | 9.98% | 14.43% | +1,208 bps | |
| Deposit Growth (YoY) | 6.70% | 8.47% | 9.79% | 8.30% | 7.56% | 6.03% | 5.60% | 8.35% | +5 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.02% | 0.23% | 2.18% | 1.78% | 2.60% | 1.98% | 0.44% | -174 bps | |
| Net Charge-Offs / Loans | 0.12% | 0.02% | 0.00% | 0.02% | 0.00% | 0.02% | 0.03% | 0.01% | -1 bps | |
| Allowance / Loans | 0.59% | 0.59% | 0.60% | 0.61% | 0.58% | 0.57% | 0.55% | 0.53% | -8 bps | |
| Allowance Coverage of NPLs | n/a | 30.9x | 2.6x | 0.3x | 0.3x | 0.2x | 0.3x | 1.2x | +0.9x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.15% | 9.29% | 9.13% | 9.24% | 9.27% | 9.22% | 9.46% | 9.51% | +26 bps | |
| Total Risk-Based Capital | 13.80% | 14.54% | 15.09% | 14.70% | 14.32% | 14.24% | 14.23% | 13.81% | -89 bps | |
| Equity / Assets | 8.55% | 8.59% | 8.65% | 8.91% | 8.88% | 9.30% | 9.30% | 9.14% | +24 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 93.77% | 93.51% | 88.47% | 86.16% | 93.43% | 95.75% | 92.14% | 91.00% | +484 bps | |
| Liquid Assets / Assets | 5.63% | 5.51% | 6.13% | 7.66% | 4.62% | 4.67% | 5.09% | 5.44% | -222 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 292% | 310% | 320% | n/a | n/a | |