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 (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.97% | 1.05% | 0.58% | 1.22% | 0.87% | 0.80% | 0.79% | 1.19% | -3 bps | |
| Return on Equity | 9.54% | 9.96% | 5.48% | 11.60% | 8.17% | 7.66% | 7.44% | 11.11% | -50 bps | |
| Net Interest Margin | 2.86% | 2.80% | 2.67% | 2.61% | 2.78% | 2.89% | 2.92% | 3.02% | +41 bps | |
| Efficiency Ratio | 60.55% | 59.92% | 66.32% | 64.29% | 62.73% | 61.21% | 61.82% | 57.94% | -635 bps | |
| Non-Interest Burden | 1.57% | 1.52% | 1.63% | 1.52% | 1.60% | 1.61% | 1.65% | 1.58% | +6 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.43% | 4.46% | 0.55% | 4.18% | 6.28% | 6.50% | 1.96% | 5.95% | +177 bps | |
| Loan Growth (YoY) | 15.19% | 17.29% | 11.41% | 2.98% | 4.26% | 2.43% | 2.85% | 1.55% | -143 bps | |
| Deposit Growth (YoY) | 2.43% | 1.19% | 0.29% | -1.09% | -2.26% | 1.09% | -2.37% | 3.37% | +446 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.31% | 0.18% | 0.13% | 0.65% | 0.60% | 0.55% | 0.09% | 0.16% | -49 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.15% | 0.10% | 0.08% | 0.04% | 0.01% | 0.97% | -0.01% | -9 bps | |
| Allowance / Loans | 1.29% | 1.23% | 1.23% | 1.09% | 1.10% | 1.14% | 0.94% | 0.87% | -22 bps | |
| Allowance Coverage of NPLs | 4.1x | 6.8x | 9.3x | 1.7x | 1.8x | 2.1x | 10.7x | 5.4x | +3.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.71% | 8.89% | 8.77% | 8.89% | 8.92% | 8.90% | 8.98% | 9.14% | +25 bps | |
| Total Risk-Based Capital | 11.47% | 11.46% | 11.57% | 11.64% | 11.63% | 11.75% | 11.78% | 11.89% | +25 bps | |
| Equity / Assets | 10.44% | 10.64% | 10.49% | 10.54% | 10.68% | 10.32% | 10.89% | 10.59% | +5 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 105.99% | 110.71% | 109.17% | 110.75% | 113.06% | 112.17% | 115.01% | 108.79% | -195 bps | |
| Liquid Assets / Assets | 0.99% | 1.04% | 2.04% | 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 | n/a | n/a | n/a |