Peer Data for New England Banks: Q3 2019 

Below you will find our compilation of peer financial information for the three-month period ended September 30, 2019. Consistent with last quarter, each New England state has its own tab and there is a final tab that consolidates all of the banks in New England.

The data includes a number of key credit quality, performance, and capital adequacy ratios. We also include simple averages for each state and comparable ratios for all FDIC-insured institutions in the $100 million to $1.0 billion and $1.0 billion to $10.0 billion range.

Comparing New England banks to all FDIC-insured institutions, consistent with recent trends, margins in New England continue to lag behind the rest of the country, impacting profitability and efficiency ratios. Margins for New England banks were slightly lower in the third quarter of 2019 at 3.33%, compared to 3.35% in the second quarter, as the continued higher cost of funds rates offset higher yields on earning assets.

Credit quality continues to be outstanding with net charge-offs (6 basis points), and the non-performing loan to total loan ratio (67 basis points) below national averages.

This information is all publicly available so it can be shared with others in your bank including board members.

Click HERE for the full report.