Wakefield, MA · Cert 26516
FDIC · 3 branches
Q1 2025
Market Position · Boston-Cambridge-Newton, MA-NH · 2024 SOD (annual) · 0.1% share · #69 of 108 inst. · $0.3B of $496.2B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.32% | -0.42% | -0.18% | -0.21% | -0.36% | -0.19% | -0.32% | -0.34% | -13 bps | |
| Return on Equity | -5.19% | -6.99% | -3.05% | -3.47% | -5.97% | -3.14% | -5.38% | -5.75% | -229 bps | |
| Net Interest Margin | 1.97% | 1.84% | 1.82% | 1.78% | 1.70% | 1.64% | 1.66% | 1.78% | 0 bps | |
| Efficiency Ratio | 119.10% | 121.59% | 111.07% | 115.29% | 124.75% | 125.09% | 134.80% | 124.09% | +880 bps | |
| Non-Interest Burden | 2.39% | 2.27% | 2.04% | 2.08% | 2.17% | 2.10% | 2.31% | 2.25% | +17 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.33% | 11.11% | 6.07% | 1.95% | -0.21% | -0.25% | -4.46% | -2.61% | -457 bps | |
| Loan Growth (YoY) | 17.22% | 15.37% | 10.67% | 7.66% | 2.85% | -1.00% | -4.55% | -2.97% | -1,063 bps | |
| Deposit Growth (YoY) | 7.31% | 5.34% | 5.79% | -1.15% | -1.11% | -0.70% | -3.56% | -0.95% | +21 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.45% | 0.19% | 0.18% | 0.21% | 0.24% | 0.41% | 0.41% | 0.41% | +20 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.83% | 0.83% | 0.83% | 0.83% | 0.79% | 0.75% | 0.70% | 0.69% | -14 bps | |
| Allowance Coverage of NPLs | 1.8x | 4.3x | 4.5x | 4.0x | 3.3x | 1.8x | 1.7x | 1.7x | -2.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 7.17% | 7.00% | 6.77% | 6.81% | 6.81% | 6.73% | 6.78% | 6.77% | -4 bps | |
| Total Risk-Based Capital | 13.28% | 13.05% | 12.71% | 12.86% | 12.91% | 13.01% | 13.06% | 12.95% | +9 bps | |
| Equity / Assets | 6.14% | 5.76% | 6.01% | 6.01% | 5.93% | 6.05% | 5.98% | 5.91% | -10 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 93.42% | 96.06% | 98.33% | 98.71% | 97.15% | 95.78% | 97.33% | 96.70% | -202 bps | |
| Liquid Assets / Assets | 5.22% | 5.20% | 4.52% | 4.27% | 4.75% | 6.54% | 5.28% | 5.69% | +141 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |