Norwich, CT · Cert 28167
FDIC · 5 branches
Q2 2025
Market Position · Norwich-New London-Willimantic, CT · 2025 SOD (annual) · 2.8% share · #8 of 14 inst. · $0.2B of $6.5B
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 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.08% | 0.04% | -0.14% | -0.10% | -0.13% | -0.17% | -0.16% | 0.09% | +19 bps | |
| Return on Equity | 1.10% | 0.55% | -2.00% | -1.46% | -1.85% | -2.36% | -2.24% | 1.29% | +275 bps | |
| Net Interest Margin | 2.93% | 2.88% | 2.60% | 2.63% | 2.66% | 2.65% | 2.74% | 2.75% | +11 bps | |
| Efficiency Ratio | 96.49% | 97.77% | 106.50% | 104.72% | 107.21% | 108.21% | 106.28% | 96.21% | -851 bps | |
| Non-Interest Burden | 2.80% | 2.81% | 2.79% | 2.78% | 2.88% | 2.90% | 2.93% | 2.62% | -16 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.96% | 0.83% | -5.45% | -4.15% | -4.59% | -3.37% | 1.94% | -1.66% | +248 bps | |
| Loan Growth (YoY) | 1.09% | -1.82% | -4.78% | -5.38% | -6.96% | -6.25% | -6.32% | -4.64% | +74 bps | |
| Deposit Growth (YoY) | -3.72% | 2.23% | -1.74% | 0.11% | -1.75% | -1.30% | 4.15% | -1.48% | -158 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.79% | 1.88% | 2.11% | 1.93% | 1.84% | 1.72% | 1.52% | 1.60% | -33 bps | |
| Net Charge-Offs / Loans | 0.03% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.05% | +5 bps | |
| Allowance / Loans | 0.70% | 0.71% | 0.73% | 0.74% | 0.70% | 0.71% | 0.72% | 0.69% | -5 bps | |
| Allowance Coverage of NPLs | 0.4x | 0.4x | 0.3x | 0.4x | 0.4x | 0.4x | 0.5x | 0.4x | +0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 6.88% | 6.93% | 7.03% | 7.04% | 7.12% | 7.00% | 6.94% | 6.93% | -12 bps | |
| Total Risk-Based Capital | 11.18% | 11.30% | 11.36% | 11.46% | 11.54% | 11.45% | 11.56% | 11.48% | +3 bps | |
| Equity / Assets | 7.00% | 6.99% | 7.18% | 7.10% | 7.22% | 7.07% | 6.87% | 7.05% | -5 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.52% | 101.04% | 102.16% | 97.46% | 98.03% | 95.97% | 91.88% | 94.33% | -313 bps | |
| Liquid Assets / Assets | 4.29% | 5.73% | 4.41% | 6.60% | 6.44% | 7.96% | 11.48% | 9.17% | +257 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |