Southbridge, MA · Cert 26455
SI · FDIC · 7 branches
Q2 2026
Market Position · Worcester, MA · 2026 SOD (annual) · 2.5% share · #14 of 26 inst. · $0.6B of $22.5B
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 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.43% | 0.47% | 0.55% | 0.16% | 0.34% | 0.17% | 0.68% | 0.68% | +52 bps | |
| Return on Equity | 4.35% | 4.77% | 5.58% | 1.67% | 3.45% | 1.72% | 6.73% | 6.69% | +501 bps | |
| Net Interest Margin | 2.37% | 2.39% | 2.51% | 2.51% | 2.54% | 2.60% | 2.80% | 2.88% | +36 bps | |
| Efficiency Ratio | 80.02% | 78.39% | 76.47% | 75.84% | 73.87% | 72.83% | 72.05% | 70.90% | -493 bps | |
| Non-Interest Burden | 1.82% | 1.78% | 1.82% | 1.80% | 1.77% | 1.78% | 1.89% | 1.91% | +11 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.09% | 7.22% | 8.34% | 5.05% | 3.98% | 2.64% | 2.49% | -0.55% | -560 bps | |
| Loan Growth (YoY) | 7.00% | 9.82% | 10.49% | 8.62% | 7.50% | 4.44% | 5.10% | -0.50% | -912 bps | |
| Deposit Growth (YoY) | 0.07% | 4.88% | 5.79% | 1.72% | 2.86% | 0.02% | 0.39% | 1.54% | -17 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.52% | 0.43% | 0.46% | 1.34% | 1.37% | 2.49% | 2.38% | 3.64% | +231 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.02% | 0.01% | 0.04% | 0.04% | 0.36% | 0.06% | 0.04% | 0 bps | |
| Allowance / Loans | 0.90% | 0.88% | 0.88% | 1.18% | 1.19% | 1.33% | 1.30% | 1.37% | +19 bps | |
| Allowance Coverage of NPLs | 1.7x | 2.1x | 1.9x | 0.9x | 0.9x | 0.5x | 0.5x | 0.4x | -0.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.08% | 11.04% | 11.12% | 10.97% | 10.93% | 10.92% | 11.02% | 11.30% | +33 bps | |
| Total Risk-Based Capital | 11.08% | 11.04% | 11.12% | 10.97% | 10.93% | 10.92% | 11.02% | 11.30% | +33 bps | |
| Equity / Assets | 10.11% | 9.65% | 9.91% | 9.63% | 10.04% | 10.04% | 10.03% | 10.40% | +77 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.57% | 106.50% | 104.62% | 111.12% | 108.24% | 111.20% | 109.52% | 108.89% | -224 bps | |
| Liquid Assets / Assets | 2.31% | 1.26% | 2.10% | 0.47% | 1.04% | 0.75% | 0.96% | 0.96% | +49 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 402% | 403% | 402% | n/a | n/a | |