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 (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 | -0.04% | 0.01% | 0.11% | 0.14% | 0.14% | 0.14% | 0.10% | 0.12% | -2 bps | |
| Return on Equity | -0.39% | 0.16% | 1.15% | 1.52% | 1.44% | 1.43% | 1.04% | 1.22% | -30 bps | |
| Net Interest Margin | 2.08% | 2.12% | 2.44% | 2.47% | 2.47% | 2.48% | 2.57% | 2.60% | +13 bps | |
| Efficiency Ratio | 104.30% | 101.74% | 96.88% | 95.28% | 95.56% | 95.52% | 98.21% | 96.93% | +165 bps | |
| Non-Interest Burden | 2.17% | 2.16% | 2.36% | 2.35% | 2.35% | 2.36% | 2.52% | 2.51% | +17 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.49% | -3.40% | -3.28% | -5.11% | -5.84% | -2.47% | -2.76% | -2.95% | +216 bps | |
| Loan Growth (YoY) | 1.65% | -0.68% | -1.87% | -2.97% | -3.40% | -5.26% | -5.07% | -4.24% | -126 bps | |
| Deposit Growth (YoY) | -13.11% | -14.35% | -6.07% | -8.45% | -3.44% | -1.84% | -2.30% | 0.67% | +912 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.17% | 0.17% | 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% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.58% | 0.58% | 0.59% | 0.60% | 0.60% | 0.61% | 0.60% | 0.60% | 0 bps | |
| Allowance Coverage of NPLs | n/a | 3.5x | 3.5x | 3.5x | 3.5x | n/a | n/a | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.26% | 9.35% | 9.47% | 9.67% | 9.74% | 9.86% | 9.95% | 10.04% | +37 bps | |
| Total Risk-Based Capital | 16.27% | 16.26% | 16.70% | 16.85% | 16.84% | 17.16% | 17.56% | 17.63% | +78 bps | |
| Equity / Assets | 9.18% | 9.41% | 9.45% | 9.73% | 9.89% | 9.78% | 9.86% | 10.16% | +43 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 106.13% | 105.78% | 101.96% | 104.81% | 106.17% | 102.09% | 99.07% | 99.69% | -511 bps | |
| Liquid Assets / Assets | 24.40% | 22.68% | 24.29% | 23.07% | 22.69% | 24.83% | 26.08% | 24.13% | +107 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 240% | 230% | 219% | n/a | n/a | |