Somerville, MA · Cert 28213
State savings bank · OCC · 3 branches
Q2 2026
Market Position · Boston-Cambridge-Newton, MA-NH · 2026 SOD (annual) · 0.1% share · #58 of 100 inst. · $0.3B of $580.3B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.18% | 0.13% | 0.14% | 0.10% | 0.14% | -4 bps | |
| Return on Equity | 1.88% | 1.29% | 1.41% | 1.04% | 1.40% | -48 bps | |
| Net Interest Margin | 2.46% | 2.46% | 2.45% | 2.57% | 2.61% | +15 bps | |
| Efficiency Ratio | 93.68% | 96.12% | 95.42% | 98.21% | 95.68% | +200 bps | |
| Non-Interest Burden | 2.30% | 2.36% | 2.34% | 2.52% | 2.49% | +19 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -5.11% | -5.84% | -2.47% | -2.76% | -2.95% | +216 bps | |
| Loan Growth (YoY) | -2.97% | -3.40% | -5.26% | -5.07% | -4.24% | -126 bps | |
| Deposit Growth (YoY) | -8.45% | -3.44% | -1.84% | -2.30% | 0.67% | +912 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.17% | 0.17% | 0.00% | 0.00% | 0.00% | -17 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.60% | 0.60% | 0.61% | 0.60% | 0.60% | 0 bps | |
| Allowance Coverage of NPLs | 3.5x | 3.5x | n/a | n/a | n/a | n/a | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 9.67% | 9.74% | 9.86% | 9.95% | 10.04% | +37 bps | |
| Total Risk-Based Capital | 16.85% | 16.84% | 17.16% | 17.56% | 17.63% | +78 bps | |
| Equity / Assets | 9.73% | 9.89% | 9.78% | 9.86% | 10.16% | +43 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 104.81% | 106.17% | 102.09% | 99.07% | 99.69% | -511 bps | |
| Liquid Assets / Assets | 23.07% | 22.69% | 24.83% | 26.08% | 24.13% | +107 bps | |
| CRE / Total Capital | n/a | 240% | 230% | 219% | n/a | n/a | |