Swansea, MA · Cert 90196 · Narragansett Financial Corp.
SI · FDIC · 25 branches
Q2 2026
Market Position · Providence-Warwick, RI-MA · 2026 SOD (annual) · 3.9% share · #8 of 22 inst. · $2.4B of $61.9B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.54% | 0.44% | 0.65% | 0.36% | 0.66% | +12 bps | |
| Return on Equity | 6.32% | 5.07% | 7.25% | 3.96% | 7.34% | +102 bps | |
| Net Interest Margin | 2.81% | 2.96% | 3.11% | 3.05% | 3.26% | +45 bps | |
| Efficiency Ratio | 80.28% | 83.70% | 83.15% | 86.25% | 82.59% | +231 bps | |
| Non-Interest Burden | 1.85% | 2.18% | 2.32% | 2.39% | 2.34% | +48 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 0.49% | -3.75% | -2.54% | -2.45% | -3.64% | -413 bps | |
| Loan Growth (YoY) | -2.42% | -4.74% | -3.49% | -2.10% | -4.43% | -201 bps | |
| Deposit Growth (YoY) | 2.70% | 2.28% | 4.03% | 2.59% | 0.46% | -224 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.28% | 0.28% | 1.21% | 1.54% | 1.45% | +118 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.09% | 0.61% | 0.19% | 0.04% | +4 bps | |
| Allowance / Loans | 1.17% | 1.24% | 1.16% | 1.18% | 1.21% | +4 bps | |
| Allowance Coverage of NPLs | 4.2x | 4.4x | 1.0x | 0.8x | 0.8x | -3.4x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 8.08% | 8.09% | 8.18% | 8.22% | 8.29% | +21 bps | |
| Total Risk-Based Capital | 11.74% | 11.91% | 11.92% | 11.94% | 12.02% | +28 bps | |
| Equity / Assets | 8.57% | 8.88% | 9.09% | 8.95% | 9.00% | +43 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 96.42% | 93.19% | 93.51% | 91.66% | 91.73% | -470 bps | |
| Liquid Assets / Assets | 2.70% | 1.26% | 0.58% | 2.14% | 1.12% | -157 bps | |
| CRE / Total Capital | n/a | 530% | 530% | 534% | n/a | n/a | |