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Everett Co-operative Bank

Everett, MA · Cert 26444 · Ecb Bcorp Inc.

SI · FDIC · 3 branches

Q2 2026

$1.7BAssets
$1.4BLoans
$1.2BDeposits
$162.7MEquity
Loan mix
99%RE $1.4B1%C&I $0.0B0%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
91%Interest-bearing $1.1B9%Noninterest $0.1BQ2 2025Q2 2026

NIM

4.98%Q2 ’245.15%Q2 ’255.36%Q2 ’26+14%+18%

Non-interest income vs. expense

1.48%Q2 ’241.32%Q2 ’251.39%Q2 ’26-12%+8%

Market Position · Boston-Cambridge-Newton, MA-NH · 2026 SOD (annual) · 0.2% share · #32 of 100 inst. · $1.2B of $580.3B

1.1% Middlesex
0.9% Essex

Executive Summary

  • Earnings: ROA of 0.78%, up 40 bps year over year; NIM at 2.40%.
  • Asset quality: problem loans at 0.10% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.81%, down 22 bps from a year ago.
  • Funding: loans stand at 116.62% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.78%+40 bps YoY

Net Interest Margin (quarter, annualized)

2.40%+37 bps YoY

Efficiency Ratio (quarter, annualized)

56.22%-592 bps YoY

Tier 1 Leverage Ratio

9.81%-22 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.38%0.63%0.65%0.76%0.78%+40 bps
Return on Equity3.83%6.44%6.70%7.90%8.08%+425 bps
Net Interest Margin2.03%2.17%2.30%2.42%2.40%+37 bps
Efficiency Ratio62.14%61.40%61.11%56.71%56.22%-592 bps
Non-Interest Burden1.22%1.29%1.37%1.33%1.32%+9 bps
Growth
Asset Growth (YoY)13.43%14.35%13.23%13.65%10.33%-309 bps
Loan Growth (YoY)16.23%16.97%20.70%18.16%8.53%-771 bps
Deposit Growth (YoY)13.87%16.66%12.77%15.11%11.29%-257 bps
Asset Quality
Nonperforming Loans / Loans0.10%0.09%0.08%0.09%0.10%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.76%0.76%0.74%0.74%0.73%-3 bps
Allowance Coverage of NPLs7.7x8.7x9.0x8.5x7.0x-0.7x
Capital
Tier 1 Leverage Ratio10.03%9.85%9.86%9.83%9.81%-22 bps
Total Risk-Based Capital14.67%14.68%14.29%14.55%14.90%+23 bps
Equity / Assets9.75%9.70%9.58%9.58%9.73%-2 bps
Liquidity & Funding
Loans / Deposits119.59%117.41%120.82%115.77%116.62%-297 bps
Liquid Assets / Assets10.51%10.68%9.13%10.39%11.11%+60 bps
CRE / Total Capitaln/a532%550%537%n/an/a