PackageTrendsPeer
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First National Bank of Orwell

Orwell, VT · Cert 6280

National charter · OCC · 2 branches

Q2 2026

$91.5MAssets
$68.0MLoans
$80.5MDeposits
$10.4MEquity
Loan mix
94%RE $62.8M4%C&I $2.8M2%Consumer $1.1MQ3 2024Q2 2026
Deposit mix
75%Interest-bearing $60.1M25%Noninterest $20.4MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.49%, up 12 bps year over year; NIM at 4.30%.
  • Asset quality: problem loans at 2.33% of loans (+34 bps YoY), with net charge-offs at 0.20%.
  • Capital: tier 1 leverage ratio of 11.42%, up 16 bps from a year ago.
  • Funding: loans stand at 84.49% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.49%+12 bps YoY

Net Interest Margin (YTD, annualized)

4.30%+3 bps YoY

Efficiency Ratio (YTD, annualized)

60.26%+3 bps YoY

Tier 1 Leverage Ratio

11.42%+16 bps YoY

NIM

6.00%Q2 ’246.33%Q2 ’256.00%Q2 ’26-3%+1%

Non-interest income vs. expense

2.85%Q2 ’242.72%Q2 ’252.78%Q2 ’26-4%0%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.38%1.34%1.29%1.37%1.41%1.34%1.54%1.49%+12 bps
Return on Equity11.61%11.41%11.47%12.13%12.45%11.78%13.29%12.87%+74 bps
Net Interest Margin4.23%4.05%4.17%4.27%4.29%4.29%4.38%4.30%+3 bps
Efficiency Ratio60.75%61.97%62.01%60.23%58.60%59.12%59.13%60.26%+3 bps
Non-Interest Burden2.47%2.41%2.50%2.47%2.42%2.44%2.44%2.46%-1 bps
Growth
Asset Growth (YoY)5.67%11.20%12.81%8.00%5.21%-0.05%2.39%4.25%-375 bps
Loan Growth (YoY)5.98%4.34%6.54%6.50%2.42%3.79%-4.03%-6.92%-1,342 bps
Deposit Growth (YoY)5.78%12.34%14.10%8.62%5.33%-0.61%2.16%4.23%-439 bps
Asset Quality
Nonperforming Loans / Loans1.59%2.28%1.98%1.99%2.00%1.29%1.44%2.33%+34 bps
Net Charge-Offs / Loans0.02%0.07%-0.01%0.00%0.00%0.21%0.43%0.20%+20 bps
Allowance / Loans1.32%1.29%1.29%1.30%1.39%1.33%1.32%1.34%+4 bps
Allowance Coverage of NPLs0.8x0.6x0.7x0.7x0.7x1.0x0.9x0.6x-0.1x
Capital
Tier 1 Leverage Ratio11.76%10.97%11.33%11.26%11.46%11.03%11.76%11.42%+16 bps
Total Risk-Based Capital11.76%10.97%11.33%11.26%11.46%11.03%11.76%11.42%+16 bps
Equity / Assets11.48%11.09%11.37%11.34%11.40%11.59%11.65%11.42%+8 bps
Liquidity & Funding
Loans / Deposits93.44%91.58%92.19%94.62%90.86%95.63%86.60%84.49%-1,013 bps
Liquid Assets / Assets13.55%15.24%13.90%12.16%16.02%11.28%19.16%21.45%+929 bps
CRE / Total Capitaln/an/an/an/a95.98%80.10%50.64%n/an/a