PackageTrendsPeer
Letter portraitLegal landscape

First Seacoast Bank

Dover, NH · Cert 29744 · First Seacoast Bcorp Inc.

State savings bank · OCC · 5 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (n=28 to 29). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

44

Q2 2024Q2 2026peer median (50)

Asset Quality

86

Q2 2024Q2 2026peer median (50)

Profitability

12

Q2 2024Q2 2026peer median (50)

Liquidity

87

Q2 2024Q2 2026peer median

Efficiency

7

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First Seacoast Bank

Dover, NH · Cert 29744 · First Seacoast Bcorp Inc.

State savings bank · OCC · 5 branches

Q2 2026

$576.3MAssets
$421.8MLoans
$472.1MDeposits
$47.3MEquity
Loan mix
92%RE $384.7M5%C&I $21.3M3%Consumer $12.5MQ3 2024Q2 2026
Deposit mix
81%Interest-bearing $382.2M19%Noninterest $90.0MQ3 2024Q2 2026

Market Position · Boston-Cambridge-Newton, MA-NH · 2026 SOD (annual) · 0.1% share · #52 of 100 inst. · $0.5B of $580.3B

16.5% Strafford
0.4% Rockingham

Executive Summary

  • Earnings: ROA of -0.09%, up 30 bps year over year; NIM at 2.50%.
  • Asset quality: problem loans at 0.03% of loans (+3 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 8.92%, up 47 bps from a year ago.
  • Funding: loans stand at 89.35% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

-0.09%+30 bps YoY

Net Interest Margin (YTD, annualized)

2.50%+30 bps YoY

Efficiency Ratio (YTD, annualized)

102.62%-1,219 bps YoY

Tier 1 Leverage Ratio

8.92%+47 bps YoY

NIM

4.23%Q2 ’244.36%Q2 ’254.45%Q2 ’26+8%+14%

Non-interest income vs. expense

2.67%Q2 ’242.81%Q2 ’252.84%Q2 ’26+61%+0%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.21%-0.08%-0.41%-0.39%-0.17%-0.14%-0.34%-0.09%+30 bps
Return on Equity2.64%-1.06%-5.34%-5.11%-2.22%-1.84%-4.37%-1.11%+400 bps
Net Interest Margin2.02%2.01%2.16%2.20%2.20%2.25%2.40%2.50%+30 bps
Efficiency Ratio94.02%100.06%117.55%114.81%111.33%109.37%106.01%102.62%-1,219 bps
Non-Interest Burden1.86%2.01%2.58%2.57%2.48%2.49%2.56%2.58%+1 bps
Growth
Asset Growth (YoY)8.14%1.71%2.81%0.51%1.26%3.17%-0.65%-4.76%-527 bps
Loan Growth (YoY)2.05%1.86%3.86%1.11%-0.74%-4.11%-6.66%-4.07%-519 bps
Deposit Growth (YoY)7.39%10.72%10.36%3.96%6.75%3.42%1.01%-3.63%-759 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.04%0.11%0.10%0.03%+3 bps
Net Charge-Offs / Loans0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.79%0.80%0.78%0.80%0.81%0.82%0.82%0.81%+1 bps
Allowance Coverage of NPLsn/an/an/a251.2x18.1x7.2x8.3x26.8x-224.4x
Capital
Tier 1 Leverage Ratio9.05%8.69%8.68%8.45%8.44%8.41%8.67%8.92%+47 bps
Total Risk-Based Capital15.66%15.55%15.16%15.23%15.53%15.60%15.77%15.96%+73 bps
Equity / Assets8.08%7.74%7.54%7.36%7.71%7.85%7.83%8.21%+85 bps
Liquidity & Funding
Loans / Deposits93.40%92.65%94.71%89.76%86.84%85.90%87.51%89.35%-41 bps
Liquid Assets / Assets2.57%1.03%0.86%0.92%3.04%2.05%1.99%0.78%-14 bps
CRE / Total Capitaln/an/an/an/a200%190.19%194.24%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

First Seacoast Bank

Dover, NH · Cert 29744 · Peer group: banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (n=28-29) · First Seacoast Bcorp Inc.

State savings bank · OCC · 5 branches

Q2 2026

$576.3MAssets
$421.8MLoans
$472.1MDeposits
$47.3MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 15 of 29).
  • Widest gap: return on equity trails 97% of banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 28 of 29).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

-0.09%

Rank 28 of 29

Net Interest Margin

2.50%

Rank 20 of 29

Efficiency Ratio

102.81%

Rank 28 of 29

Equity / Assets

8.21%

Rank 25 of 29

Non-interest income vs. expense

$1.6M$16.6MINCOMEEXPENSE
Unfavorable gap of $15.0M · efficiency ratio beats 7% of banks under $1B in assets in the Boston-Cambridge-Newton, MA-NH area
Bank 102.81%Peer median 84.1%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets-0.09%0.23%0.39%0.50%Beats 3%28 / 29
Return on Equity-1.09%2.29%3.46%5.78%Beats 3%28 / 29
Net Interest Margin2.50%2.42%2.71%3.01%Beats 31%20 / 29
Efficiency Ratio102.81%78.96%84.14%93.09%Beats 7%28 / 29
Asset Quality
Nonperforming Loans / Loans0.03%0.03%0.13%0.43%Beats 72%9 / 29
Net Charge-Offs / Loans0.00%n/a0.00%0.00%Beats 100%15 / 29
Capital
Tier 1 Capital Ratio14.90%11.54%13.48%16.99%Beats 59%12 / 29
Total Risk-Based Capital Ratio15.96%11.54%14.44%17.87%Beats 59%12 / 29
Equity / Assets8.21%8.70%9.70%11.05%Beats 14%25 / 29
Liquidity & Funding
Loans / Deposits89.35%84.22%92.17%95.56%36th pctl18 / 28
Loans / Assets73.20%69.12%73.70%81.02%41st pctl17 / 29
Brokered Deposits / Depositsn/aNot reported for this institution