Q1 2018 Peer Data for New England Banks
Below you will find our compilation of peer financial information for the three-month period ended March 31, 2018. 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, the theme this quarter is the same. There are lower margins in New England compared to the rest of the country, impacting profitability and efficiency ratios. However, improvements in net interest margin and lower federal tax rates resulted in higher profitability ratios this quarter.
On the flip side, credit quality continues to be outstanding with net charge-offs (4 basis points) and the non-performing loan to total loan ratio (66 basis points) well below national averages. Also, New England bank regulatory capital ratios are consistent with national averages.
Fill out the form below to download the peer financial information for New England banks for Q1 of 2018.
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