Worcester, MA · Cert 90311 · 1895 MHC
SI · FDIC · 7 branches
Q2 2026
Market Position · Worcester, MA · 2026 SOD (annual) · 2.3% share · #15 of 26 inst. · $0.5B of $22.5B
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 | 0.97% | 0.71% | 0.26% | 0.29% | 0.31% | 0.37% | 0.40% | 0.51% | +22 bps | |
| Return on Equity | 11.33% | 8.19% | 2.94% | 3.31% | 3.54% | 4.23% | 4.56% | 5.77% | +246 bps | |
| Net Interest Margin | 2.47% | 2.54% | 2.73% | 2.75% | 2.76% | 2.77% | 3.21% | 3.21% | +46 bps | |
| Efficiency Ratio | 71.83% | 78.14% | 88.72% | 88.09% | 87.65% | 86.87% | 82.90% | 81.59% | -650 bps | |
| Non-Interest Burden | 1.50% | 1.79% | 2.39% | 2.38% | 2.37% | 2.36% | 2.61% | 2.56% | +18 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.07% | 6.57% | 1.93% | 0.60% | 3.76% | 3.04% | 6.99% | 4.86% | +425 bps | |
| Loan Growth (YoY) | -1.99% | -3.39% | -1.15% | 2.24% | 5.39% | 9.83% | 9.32% | 10.20% | +796 bps | |
| Deposit Growth (YoY) | 3.10% | 6.64% | 1.42% | 0.56% | 6.70% | 2.85% | 7.34% | 3.94% | +338 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.68% | 0.55% | 0.47% | 0.48% | 0.47% | 0.38% | 0.48% | 0.47% | -1 bps | |
| Net Charge-Offs / Loans | 0.06% | 0.04% | -0.06% | -0.05% | -0.03% | -0.02% | 0.02% | 0.01% | +6 bps | |
| Allowance / Loans | 0.94% | 1.01% | 1.00% | 0.98% | 0.95% | 0.92% | 0.91% | 0.88% | -10 bps | |
| Allowance Coverage of NPLs | 1.4x | 1.8x | 2.1x | 2.0x | 2.0x | 2.4x | 1.9x | 1.9x | -0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.46% | 8.50% | 8.76% | 8.80% | 8.71% | 8.62% | 8.72% | 8.82% | +2 bps | |
| Total Risk-Based Capital | 13.71% | 13.32% | 14.16% | 12.90% | 12.59% | 12.41% | 12.37% | 12.26% | -64 bps | |
| Equity / Assets | 8.77% | 8.72% | 8.93% | 8.91% | 8.62% | 8.92% | 8.77% | 8.98% | +7 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.03% | 86.19% | 88.44% | 89.92% | 87.93% | 92.04% | 90.07% | 95.33% | +541 bps | |
| Liquid Assets / Assets | 8.25% | 8.66% | 6.26% | 4.69% | 6.79% | 4.01% | 5.52% | 0.93% | -376 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 355% | 355% | 351% | n/a | n/a | |