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 (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 | 0.41% | 0.38% | 0.20% | 0.37% | 0.40% | 0.46% | 0.36% | 0.51% | +14 bps | |
| Return on Equity | 4.91% | 4.58% | 2.33% | 4.33% | 4.58% | 5.25% | 3.96% | 5.65% | +131 bps | |
| Net Interest Margin | 2.43% | 2.49% | 2.65% | 2.73% | 2.82% | 2.92% | 3.05% | 3.17% | +44 bps | |
| Efficiency Ratio | 81.59% | 82.45% | 88.11% | 83.92% | 83.84% | 83.67% | 86.25% | 84.34% | +42 bps | |
| Non-Interest Burden | 1.68% | 1.77% | 2.15% | 2.00% | 2.07% | 2.15% | 2.39% | 2.37% | +37 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.26% | 1.45% | 1.02% | 0.49% | -3.75% | -2.54% | -2.45% | -3.64% | -413 bps | |
| Loan Growth (YoY) | 0.68% | -2.06% | -3.50% | -2.42% | -4.74% | -3.49% | -2.10% | -4.43% | -201 bps | |
| Deposit Growth (YoY) | 1.05% | -0.78% | 0.15% | 2.70% | 2.28% | 4.03% | 2.59% | 0.46% | -224 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.16% | 0.23% | 0.26% | 0.28% | 0.28% | 1.21% | 1.54% | 1.45% | +118 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.02% | 0.03% | 0.02% | 0.04% | 0.18% | 0.19% | 0.12% | +10 bps | |
| Allowance / Loans | 0.98% | 1.05% | 1.13% | 1.17% | 1.24% | 1.16% | 1.18% | 1.21% | +4 bps | |
| Allowance Coverage of NPLs | 6.1x | 4.6x | 4.4x | 4.2x | 4.4x | 1.0x | 0.8x | 0.8x | -3.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.08% | 8.14% | 8.11% | 8.08% | 8.09% | 8.18% | 8.22% | 8.29% | +21 bps | |
| Total Risk-Based Capital | 11.55% | 11.76% | 11.94% | 11.74% | 11.91% | 11.92% | 11.94% | 12.02% | +28 bps | |
| Equity / Assets | 8.35% | 8.64% | 8.59% | 8.57% | 8.88% | 9.09% | 8.95% | 9.00% | +43 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 100.06% | 100.80% | 96.05% | 96.42% | 93.19% | 93.51% | 91.66% | 91.73% | -470 bps | |
| Liquid Assets / Assets | 3.06% | 1.86% | 3.96% | 2.70% | 1.26% | 0.58% | 2.14% | 1.12% | -157 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 530% | 530% | 534% | n/a | n/a | |