Providence, RI · Cert 34147
FDIC · 22 branches
Q2 2025
Market Position · Providence-Warwick, RI-MA · 2025 SOD (annual) · 4.3% share · #5 of 25 inst. · $2.6B of $60.9B
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 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.90% | 0.89% | 0.87% | 0.79% | 0.98% | +8 bps | |
| Return on Equity | 8.54% | 8.40% | 8.23% | 7.44% | 9.29% | +75 bps | |
| Net Interest Margin | 2.63% | 2.68% | 2.70% | 2.92% | 2.96% | +33 bps | |
| Efficiency Ratio | 65.31% | 64.42% | 63.57% | 61.82% | 59.85% | -546 bps | |
| Non-Interest Burden | 1.57% | 1.58% | 1.57% | 1.65% | 1.61% | +4 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 4.18% | 6.28% | 6.50% | 1.96% | 5.95% | +177 bps | |
| Loan Growth (YoY) | 2.98% | 4.26% | 2.43% | 2.85% | 1.55% | -143 bps | |
| Deposit Growth (YoY) | -1.09% | -2.26% | 1.09% | -2.37% | 3.37% | +446 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.65% | 0.60% | 0.55% | 0.09% | 0.16% | -49 bps | |
| Net Charge-Offs / Loans | 0.09% | 0.07% | 0.06% | 0.97% | 0.48% | +39 bps | |
| Allowance / Loans | 1.09% | 1.10% | 1.14% | 0.94% | 0.87% | -22 bps | |
| Allowance Coverage of NPLs | 1.7x | 1.8x | 2.1x | 10.7x | 5.4x | +3.7x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 8.89% | 8.92% | 8.90% | 8.98% | 9.14% | +25 bps | |
| Total Risk-Based Capital | 11.64% | 11.63% | 11.75% | 11.78% | 11.89% | +25 bps | |
| Equity / Assets | 10.54% | 10.68% | 10.32% | 10.89% | 10.59% | +5 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 110.75% | 113.06% | 112.17% | 115.01% | 108.79% | -195 bps | |
| Liquid Assets / Assets | 2.44% | 2.89% | 5.96% | 2.29% | 4.81% | +237 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |