Institution Profile
Website:
FDIC Profile:
Established:
5/15/1825
Branches:
51
Branches by Region
CT 50 MA 1
Financial Overview
Total Assets
$8.98B
Total Deposits
$6.95B
Total Loans
$6.98B
Equity Capital
$1.17B
Employees
880
Allowance for Loan Losses
$84.74M
Performance Ratios
Net Worth Ratio
13.05%
Loan-to-Deposit Ratio
100.51%
Coverage Ratio
1.21% Allowance / Total Loans
Net Income
$84.28M
Return on Assets (ROA)
0.99%
Return on Equity (ROE)
7.51%
Assets, Loans & Deposits Over Time
Assets, Loans & Deposits Over Time
Total Assets: +49.78% Total Deposits: +48.06% Total Loans: +63.66% since 2020 Q1
Employee Growth
Employee Growth
Employees: +19.08% since 2020 Q1
Loan Portfolio Breakdown
Current outstanding balances by loan type
1-4 Family Residential
$2.20B 31.6%
Commercial Real Estate
$1.48B 21.4%
Multifamily
$1.45B 20.9%
Commercial & Industrial
$1.16B 16.6%
Construction
$471.96M 6.8%
Other Consumer
$146.54M 2.1%
Credit Card
$39.49M 0.6%
Municipal
$1.34M 0.0%
Portfolio Distribution
SBA 7(a) Loan Originations
Quarterly SBA origination activity and guaranteed exposure
SBA 7(a) Originations vs Cancellations per Quarter
Approved: -80.00% Cancelled: -100.00% since 2020 Q1
SBA 7(a) Approved vs Guaranteed vs Cancelled Dollars
Approved: -77.84% Guaranteed: -78.33% Cancelled: -100.00% since 2020 Q1
Net Income Trend
Net Income Trend
Net Income: +836.91% since 2020 Q1
Historical Data Table
| Quarter | Total Assets | Total Deposits | Total Loans | Net Income | Employees |
|---|---|---|---|---|---|
| 2025 Q4 | $8.98B | $6.95B | $6.98B | $84.28M | 880 |
| 2025 Q3 | $8.68B | $6.90B | $6.65B | $68.93M | 876 |
| 2025 Q2 | $8.47B | $6.78B | $6.47B | $33.86M | 886 |
| 2025 Q1 | $8.18B | $6.71B | $6.22B | -$3.29M | 850 |
| 2024 Q4 | $8.10B | $6.51B | $6.13B | $62.35M | 850 |
| 2024 Q3 | $7.90B | $6.42B | $5.95B | $58.14M | 842 |
| 2024 Q2 | $7.82B | $6.29B | $5.88B | $34.07M | 839 |
| 2024 Q1 | $7.67B | $6.12B | $5.75B | $22.17M | 811 |
| 2023 Q4 | $7.67B | $5.95B | $5.76B | $98.93M | 804 |
| 2023 Q3 | $7.44B | $5.88B | $5.57B | $78.24M | 797 |
| 2023 Q2 | $7.27B | $5.77B | $5.38B | $68.75M | 789 |
| 2023 Q1 | $7.07B | $5.81B | $5.20B | $36.23M | 767 |
| 2022 Q4 | $6.94B | $5.82B | $5.09B | $39.53M | 730 |
| 2022 Q3 | $7.29B | $6.16B | $4.83B | $2.83M | 714 |
| 2022 Q2 | $7.36B | $6.12B | $4.62B | -$11.07M | 689 |
| 2022 Q1 | $7.48B | $6.11B | $4.16B | $1.90M | 669 |
| 2021 Q4 | $7.40B | $5.97B | $4.13B | $81.19M | 670 |
| 2021 Q3 | $7.38B | $5.98B | $4.11B | $53.15M | 683 |
| 2021 Q2 | $7.29B | $5.90B | $4.21B | $38.34M | 702 |
| 2021 Q1 | $7.22B | $5.86B | $4.37B | $17.88M | 700 |
| 2020 Q4 | $6.97B | $5.60B | $4.55B | $37.14M | 702 |
| 2020 Q3 | $6.82B | $5.46B | $4.66B | $17.92M | 705 |
| 2020 Q2 | $6.66B | $5.30B | $4.61B | $9.95M | 718 |
| 2020 Q1 | $6.00B | $4.69B | $4.27B | -$11.44M | 739 |