PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Federal Savings and Loan Association of Bath

Bath, ME · Cert 29636

State savings bank · OCC · 5 branches

Q2 2026

$189.1MAssets
$148.5MLoans
$144.4MDeposits
$28.7MEquity
Loan mix
98%RE $146.1M1%C&I $1.4M1%Consumer $1.3MQ3 2024Q2 2026
Deposit mix
90%Interest-bearing $129.9M10%Noninterest $14.5MQ3 2024Q2 2026

Market Position · Portland-South Portland, ME · 2026 SOD (annual) · 0.4% share · #18 of 23 inst. · $0.1B of $22.8B

9.8% Sagadahoc
3.0% Lincoln

Executive Summary

  • Earnings: ROA of 0.49%, up 26 bps year over year; NIM at 3.64%.
  • Asset quality: problem loans at 2.89% of loans (+77 bps YoY), with net charge-offs at 0.04%.
  • Capital: tier 1 leverage ratio of 14.79%, up 30 bps from a year ago.
  • Funding: loans stand at 102.86% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.49%+26 bps YoY

Net Interest Margin (YTD, annualized)

3.64%+48 bps YoY

Efficiency Ratio (YTD, annualized)

84.62%-693 bps YoY

Tier 1 Leverage Ratio

14.79%+30 bps YoY

NIM

4.18%Q2 ’244.46%Q2 ’254.74%Q2 ’26+1%+15%

Non-interest income vs. expense

3.20%Q2 ’243.26%Q2 ’253.44%Q2 ’26+3%+5%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.34%0.38%0.14%0.23%0.33%0.29%0.56%0.49%+26 bps
Return on Equity2.31%2.57%0.93%1.58%2.19%1.97%3.64%3.24%+166 bps
Net Interest Margin3.18%3.15%3.09%3.16%3.25%3.33%3.67%3.64%+48 bps
Efficiency Ratio87.25%88.55%94.64%91.55%88.61%89.52%82.87%84.62%-693 bps
Non-Interest Burden2.72%2.74%2.91%2.86%2.83%2.94%2.97%3.02%+16 bps
Growth
Asset Growth (YoY)0.56%2.08%4.66%2.95%2.62%1.97%0.15%1.90%-105 bps
Loan Growth (YoY)5.52%6.19%6.68%6.02%6.19%3.65%2.91%1.08%-494 bps
Deposit Growth (YoY)-5.00%0.88%4.86%1.94%3.22%-1.25%-0.26%3.36%+142 bps
Asset Quality
Nonperforming Loans / Loans2.05%2.00%2.22%2.11%2.30%2.31%2.49%2.89%+77 bps
Net Charge-Offs / Loans0.00%0.00%0.03%0.03%0.02%0.01%0.00%0.04%+1 bps
Allowance / Loans1.40%1.37%1.35%1.33%1.31%1.27%1.27%1.25%-8 bps
Allowance Coverage of NPLs0.7x0.7x0.6x0.6x0.6x0.5x0.5x0.4x-0.2x
Capital
Tier 1 Leverage Ratio14.56%14.63%14.45%14.49%14.67%14.73%14.65%14.79%+30 bps
Total Risk-Based Capital27.02%26.75%27.14%27.17%27.14%26.89%27.20%27.19%+3 bps
Equity / Assets14.65%14.94%14.73%14.90%14.99%15.21%15.29%15.18%+28 bps
Liquidity & Funding
Loans / Deposits99.26%101.30%100.55%105.18%102.11%106.32%103.75%102.86%-232 bps
Liquid Assets / Assets5.61%4.65%5.44%5.29%4.73%4.13%4.03%4.91%-38 bps
CRE / Total Capitaln/an/an/an/a47.25%51.84%49.03%n/an/a