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Windsor Federal Bank

Windsor, CT · Cert 29632 · Windsor Federal MHC

SL · OCC · 11 branches

Q2 2026

$895.4MAssets
$714.4MLoans
$730.2MDeposits
$79.7MEquity
Loan mix
86%RE $509.6M14%C&I $82.5M0%Consumer $0.1MQ2 2025Q2 2026
Deposit mix
67%Interest-bearing $490.2M33%Noninterest $240.0MQ2 2025Q2 2026

NIM

3.86%Q2 ’244.20%Q2 ’254.57%Q2 ’26+2%+13%

Non-interest income vs. expense

2.63%Q2 ’242.73%Q2 ’252.80%Q2 ’26+3%+4%

Market Position · Hartford-West Hartford-East Hartford, CT · 2026 SOD (annual) · 1.2% share · #10 of 27 inst. · $0.7B of $58.8B

Executive Summary

  • Earnings: ROA of 0.20%, down 30 bps year over year; NIM at 3.38%.
  • Asset quality: problem loans at 0.99% of loans (+17 bps YoY), with net charge-offs at 0.77%.
  • Capital: tier 1 leverage ratio of 9.91%, down 5 bps from a year ago.
  • Funding: loans stand at 97.84% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.20%-30 bps YoY

Net Interest Margin (YTD, annualized)

3.38%+40 bps YoY

Efficiency Ratio (YTD, annualized)

74.32%-632 bps YoY

Tier 1 Leverage Ratio

9.91%-5 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.51%0.48%0.54%0.71%0.20%-30 bps
Return on Equity5.87%5.53%6.15%7.78%2.23%-365 bps
Net Interest Margin2.99%3.06%3.09%3.39%3.38%+40 bps
Efficiency Ratio80.63%79.10%77.10%74.96%74.32%-632 bps
Non-Interest Burden2.33%2.34%2.29%2.45%2.42%+8 bps
Growth
Asset Growth (YoY)5.56%6.22%6.12%3.96%6.53%+96 bps
Loan Growth (YoY)11.07%11.07%11.81%10.09%10.61%-47 bps
Deposit Growth (YoY)6.24%6.24%2.16%0.81%2.64%-360 bps
Asset Quality
Nonperforming Loans / Loans0.82%0.69%0.70%0.69%0.99%+17 bps
Net Charge-Offs / Loans0.00%0.13%0.09%0.00%0.77%+77 bps
Allowance / Loans0.83%0.83%0.85%0.86%0.88%+5 bps
Allowance Coverage of NPLs1.0x1.2x1.2x1.2x0.9x-0.1x
Capital
Tier 1 Leverage Ratio9.96%10.04%10.05%10.06%9.91%-5 bps
Total Risk-Based Capital9.96%10.04%10.05%10.06%9.91%-5 bps
Equity / Assets8.80%9.05%9.07%9.10%8.90%+9 bps
Liquidity & Funding
Loans / Deposits90.79%93.61%97.71%95.75%97.84%+705 bps
Liquid Assets / Assets0.50%0.42%0.52%1.73%0.91%+41 bps
CRE / Total Capitaln/a296%314%315%n/an/a