Reading, MA · Cert 26620
State charter, Fed member · FED · 13 branches
Q2 2026
Market Position · Boston-Cambridge-Newton, MA-NH · 2026 SOD (annual) · 0.2% share · #33 of 100 inst. · $1.0B of $580.3B
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 | 0.17% | 0.21% | 0.23% | 0.30% | 0.55% | 0.52% | 0.42% | 0.42% | +11 bps | |
| Return on Equity | 2.90% | 3.63% | 3.98% | 5.28% | 9.38% | 8.93% | 6.81% | 6.60% | +133 bps | |
| Net Interest Margin | 2.39% | 2.42% | 2.58% | 2.38% | 2.65% | 2.78% | 3.15% | 3.20% | +82 bps | |
| Efficiency Ratio | 89.33% | 86.91% | 87.51% | 83.85% | 78.72% | 80.26% | 81.16% | 80.79% | -305 bps | |
| Non-Interest Burden | 2.11% | 2.07% | 2.21% | 1.92% | 2.01% | 2.16% | 2.50% | 2.52% | +60 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.80% | 2.57% | 1.55% | 32.00% | 29.97% | 33.56% | 27.60% | -2.07% | -3,406 bps | |
| Loan Growth (YoY) | 4.81% | 4.82% | 3.66% | 35.51% | 33.41% | 28.07% | 29.92% | 0.14% | -3,537 bps | |
| Deposit Growth (YoY) | -13.10% | 0.71% | 17.09% | 53.73% | 55.56% | 60.92% | 31.16% | -4.03% | -5,776 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.14% | 0.19% | 0.79% | 0.81% | 0.66% | 1.05% | 0.16% | 0.06% | -76 bps | |
| Net Charge-Offs / Loans | 0.12% | 0.12% | 0.06% | 0.06% | 0.10% | 0.11% | 0.07% | 0.08% | +2 bps | |
| Allowance / Loans | 0.64% | 0.65% | 0.66% | 0.63% | 0.61% | 0.57% | 0.57% | 0.57% | -6 bps | |
| Allowance Coverage of NPLs | 4.8x | 3.3x | 0.8x | 0.8x | 0.9x | 0.5x | 3.6x | 10.0x | +9.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 7.66% | 7.68% | 7.71% | 6.92% | 6.84% | 7.01% | 7.14% | 7.35% | +43 bps | |
| Total Risk-Based Capital | 12.40% | 12.26% | 12.36% | 10.62% | 11.23% | 10.99% | 11.33% | 11.33% | +71 bps | |
| Equity / Assets | 6.21% | 5.73% | 6.03% | 5.58% | 5.99% | 5.98% | 6.42% | 6.49% | +92 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 105.54% | 106.06% | 91.22% | 91.48% | 90.51% | 84.41% | 90.36% | 95.46% | +398 bps | |
| Liquid Assets / Assets | 0.04% | 0.04% | 0.16% | 0.09% | 0.13% | 0.12% | 0.13% | 0.12% | +2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 353% | 346% | 349% | n/a | n/a | |