Natick, MA · Cert 90183 · Middlesex Bcorp MHC
State charter, non-member · FDIC · 34 branches
Q2 2026
Market Position · Boston-Cambridge-Newton, MA-NH · 2026 SOD (annual) · 0.8% share · #14 of 100 inst. · $4.7B of $580.3B
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 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.34% | 0.20% | 0.28% | 0.37% | 0.53% | 0.54% | 0.58% | 0.72% | +35 bps | |
| Return on Equity | 3.15% | 1.84% | 2.43% | 3.15% | 4.39% | 4.47% | 4.54% | 5.57% | +242 bps | |
| Net Interest Margin | 1.82% | 1.83% | 1.96% | 2.05% | 2.14% | 2.21% | 2.48% | 2.55% | +50 bps | |
| Efficiency Ratio | 91.37% | 89.73% | 86.53% | 79.63% | 74.88% | 74.47% | 73.46% | 68.19% | -1,143 bps | |
| Non-Interest Burden | 1.63% | 1.61% | 1.66% | 1.58% | 1.51% | 1.56% | 1.76% | 1.65% | +7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -4.41% | -3.58% | -3.48% | 1.05% | 2.18% | 1.32% | 0.24% | 0.77% | -28 bps | |
| Loan Growth (YoY) | -3.58% | -3.77% | -4.61% | -3.61% | -2.07% | 1.28% | 3.86% | 6.40% | +1,001 bps | |
| Deposit Growth (YoY) | 5.49% | 6.23% | 5.86% | 3.67% | 1.34% | -0.08% | -1.29% | -1.10% | -477 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.10% | 0.09% | 0.06% | 0.19% | 0.21% | 0.20% | 0.20% | 0.33% | +14 bps | |
| Net Charge-Offs / Loans | 0.46% | 0.35% | 0.08% | 0.04% | 0.03% | 0.02% | 0.00% | 0.01% | -3 bps | |
| Allowance / Loans | 0.72% | 0.95% | 0.96% | 0.99% | 0.97% | 0.94% | 0.93% | 0.90% | -9 bps | |
| Allowance Coverage of NPLs | 7.1x | 11.1x | 15.6x | 5.1x | 4.7x | 4.8x | 4.8x | 2.7x | -2.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 12.80% | 12.54% | 12.66% | 12.72% | 12.92% | 13.06% | 13.25% | 13.44% | +72 bps | |
| Total Risk-Based Capital | 17.73% | 17.80% | 18.17% | 18.34% | 18.80% | 18.69% | 18.81% | 19.01% | +67 bps | |
| Equity / Assets | 11.87% | 11.62% | 11.82% | 12.10% | 12.48% | 12.85% | 12.91% | 13.14% | +104 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 70.90% | 69.16% | 67.64% | 68.03% | 68.51% | 70.10% | 71.18% | 73.19% | +516 bps | |
| Liquid Assets / Assets | 5.76% | 4.06% | 3.20% | 1.15% | 1.18% | 0.49% | 1.32% | 0.47% | -68 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 234% | 236% | 232% | n/a | n/a | |