Lowell, MA · Cert 27408
FDIC · 27 branches
Q2 2025
Market Position · Boston-Cambridge-Newton, MA-NH · 2025 SOD (annual) · 0.7% share · #16 of 107 inst. · $3.6B of $536.6B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.93% | 0.74% | 0.83% | 0.87% | 0.89% | 0.93% | 0.93% | -0.80% | -167 bps | |
| Return on Equity | 11.49% | 8.88% | 9.66% | 10.34% | 10.33% | 10.52% | 10.51% | -8.87% | -1,920 bps | |
| Net Interest Margin | 3.41% | 3.25% | 3.12% | 3.12% | 3.18% | 3.25% | 3.22% | 3.34% | +22 bps | |
| Efficiency Ratio | 64.23% | 66.67% | 70.27% | 68.05% | 65.99% | 66.10% | 66.39% | 119.16% | +5,112 bps | |
| Non-Interest Burden | 2.04% | 2.02% | 2.06% | 1.97% | 1.94% | 1.99% | 1.99% | 4.06% | +209 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.05% | 0.62% | 4.10% | 6.03% | 5.81% | 8.10% | 5.98% | 3.77% | -226 bps | |
| Loan Growth (YoY) | 9.48% | 12.18% | 13.13% | 12.64% | 13.40% | 11.65% | 10.83% | 8.00% | -464 bps | |
| Deposit Growth (YoY) | -1.87% | -1.44% | 2.25% | 4.31% | 3.19% | 5.29% | 4.74% | 2.66% | -165 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.34% | 0.32% | 0.51% | 0.47% | 0.67% | 0.67% | 0.70% | 0.56% | +9 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.01% | -0.01% | 0.00% | 0.02% | -0.04% | 0.40% | +41 bps | |
| Allowance / Loans | 1.70% | 1.65% | 1.66% | 1.65% | 1.65% | 1.59% | 1.58% | 1.51% | -13 bps | |
| Allowance Coverage of NPLs | 5.0x | 5.2x | 3.3x | 3.5x | 2.5x | 2.4x | 2.2x | 2.7x | -0.8x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.87% | 10.01% | 10.13% | 9.94% | 9.88% | 10.14% | 10.19% | 9.84% | -10 bps | |
| Total Risk-Based Capital | 13.45% | 13.09% | 13.20% | 12.99% | 13.05% | 13.03% | 13.05% | 12.84% | -15 bps | |
| Equity / Assets | 8.01% | 8.68% | 8.50% | 8.31% | 9.01% | 8.68% | 9.08% | 8.90% | +58 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 83.82% | 89.65% | 88.99% | 88.60% | 92.11% | 95.07% | 94.17% | 93.21% | +461 bps | |
| Liquid Assets / Assets | 2.70% | 0.44% | 2.29% | 3.16% | 0.65% | 0.91% | 0.71% | 1.18% | -198 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |