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Haverhill Bank

Haverhill, MA · Cert 26411 · HB Holdings MHC

SI · FDIC · 7 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area3

Basis

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.

Peer group

Banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (n=28 to 29). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

57

Q2 2024Q2 2026peer median (50)

Asset Quality

48

Q2 2024Q2 2026peer median (50)

Profitability

73

Q2 2024Q2 2026peer median (50)

Liquidity

96

Q2 2024Q2 2026peer median

Efficiency

48

Q2 2024Q2 2026peer median (50)

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.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Haverhill Bank

Haverhill, MA · Cert 26411 · HB Holdings MHC

SI · FDIC · 7 branches

Q2 2026

$636.8MAssets
$469.3MLoans
$507.6MDeposits
$64.7MEquity
Loan mix
93%RE $442.7M7%C&I $31.7M1%Consumer $3.0MQ3 2024Q2 2026
Deposit mix
81%Interest-bearing $411.6M19%Noninterest $96.0MQ3 2024Q2 2026

Market Position · Boston-Cambridge-Newton, MA-NH · 2026 SOD (annual) · 0.1% share · #51 of 100 inst. · $0.5B of $580.3B

1.5% Essex
0.4% Rockingham

Executive Summary

  • Earnings: ROA of 1.53%, up 94 bps year over year; NIM at 2.51%.
  • Asset quality: problem loans at 0.14% of loans (+12 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 11.17%, up 110 bps from a year ago.
  • Funding: loans stand at 92.45% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.53%1+94 bps YoY

Net Interest Margin (YTD, annualized)

2.51%+36 bps YoY

Efficiency Ratio (YTD, annualized)

84.66%-982 bps YoY

Tier 1 Leverage Ratio

11.17%+110 bps YoY

NIM

4.16%Q2 ’244.36%Q2 ’254.46%Q2 ’26+9%+17%

Non-interest income vs. expense

2.18%Q2 ’242.23%Q2 ’252.34%Q2 ’26+3%+3%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.81%10.50%1-0.30%0.58%10.86%10.91%10.18%1.53%1+94 bps
Return on Equity9.45%5.81%-3.53%6.80%9.82%10.22%1.88%15.74%+894 bps
Net Interest Margin1.95%1.95%2.06%2.15%2.20%2.24%2.46%2.51%+36 bps
Efficiency Ratio98.20%97.78%98.08%94.47%91.20%88.72%87.45%84.66%-982 bps
Non-Interest Burden1.91%1.90%2.01%2.02%1.99%1.97%2.12%2.09%+7 bps
Growth
Asset Growth (YoY)5.53%4.16%4.47%3.28%4.51%3.22%2.75%2.56%-72 bps
Loan Growth (YoY)4.82%5.46%5.79%4.17%5.27%2.11%1.67%0.60%-357 bps
Deposit Growth (YoY)3.09%3.74%3.14%2.40%3.04%2.44%0.08%-1.02%-341 bps
Asset Quality
Nonperforming Loans / Loans0.08%0.06%0.06%0.02%0.07%0.16%0.16%0.14%+12 bps
Net Charge-Offs / Loans0.04%0.03%0.00%0.00%0.01%0.01%0.00%0.00%-1 bps
Allowance / Loans0.75%0.78%0.78%0.79%0.78%0.79%0.80%0.81%+2 bps
Allowance Coverage of NPLs9.8x12.8x13.1x38.3x11.7x4.9x5.0x5.7x-32.6x
Capital
Tier 1 Leverage Ratio10.15%9.89%9.73%10.07%10.29%10.41%10.47%11.17%+110 bps
Total Risk-Based Capital14.50%14.19%13.90%14.25%14.25%14.55%14.51%14.94%+69 bps
Equity / Assets8.98%8.39%8.46%8.87%9.11%9.46%9.45%10.16%+129 bps
Liquidity & Funding
Loans / Deposits90.79%91.34%91.64%90.97%92.76%91.05%93.10%92.45%+148 bps
Liquid Assets / Assets1.61%1.46%0.98%1.54%1.76%1.72%1.82%2.15%+61 bps
CRE / Total Capitaln/an/an/an/a251%239%241%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it. 1 One-time gains made up most of net income in the marked periods. Year to date through Q2 2026, gains on securities were $4.8M before tax, about $3.5M after an assumed 27% tax, or 72% of net income. Excluding them, ROA would be much lower. Source: Call Report Schedule RI, items 6.a, 6.b and 8.b.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Haverhill Bank

Haverhill, MA · Cert 26411 · Peer group: banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (n=28-29) · HB Holdings MHC

SI · FDIC · 7 branches

Q2 2026

$636.8MAssets
$469.3MLoans
$507.6MDeposits
$64.7MEquity

Executive Summary

  • Strongest standing: return on assets outperforms 93% of banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 2 of 29).
  • Widest gap: net interest margin trails 66% of banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 19 of 29).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.53%

Rank 2 of 29

Net Interest Margin

2.51%

Rank 19 of 29

Efficiency Ratio

84.66%

Rank 17 of 29

Equity / Assets

10.16%

Rank 11 of 29

Non-interest income vs. expense

$1.6M$15.2MINCOMEEXPENSE
Unfavorable gap of $13.6M · efficiency ratio beats 48% of banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area
Bank 84.66%Peer median 84.1%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.53%0.23%0.39%0.50%Beats 93%2 / 29
Return on Equity15.01%2.29%3.46%5.78%Beats 93%2 / 29
Net Interest Margin2.51%2.42%2.71%3.01%Beats 34%19 / 29
Efficiency Ratio84.66%78.96%84.14%93.09%Beats 48%17 / 29
Asset Quality
Nonperforming Loans / Loans0.14%0.03%0.13%0.43%Beats 48%16 / 29
Net Charge-Offs / Loans0.00%n/a0.00%0.00%Beats 48%18 / 29
Capital
Tier 1 Capital Ratio14.13%11.54%13.48%16.99%Beats 55%13 / 29
Total Risk-Based Capital Ratio14.94%11.54%14.44%17.87%Beats 55%13 / 29
Equity / Assets10.16%8.70%9.70%11.05%Beats 62%11 / 29
Liquidity & Funding
Loans / Deposits92.45%84.22%92.17%95.56%54th pctl13 / 28
Loans / Assets73.70%69.12%73.70%81.02%48th pctl15 / 29
Brokered Deposits / Depositsn/aNot reported for this institution