Q2 2026 Peer Data for New England Banks

Whittlesey is pleased to share our compilation of peer financial information for New England banks, covering the six-month period ended June 30, 2026. This report continues a tradition our clients have come to rely on for benchmarking performance against regional and national peers.

As in past quarters, the report is organized with a dedicated tab for each New England state, plus a final consolidated tab covering all banks across the region. The data includes key credit quality, performance, and capital adequacy ratios, along with simple state averages and comparable figures for all FDIC-insured institutions in the $100 million–$1.0 billion and $1.0 billion–$10.0 billion asset ranges — giving you a clear picture of where your institution stands relative to peers of similar size, both locally and nationally.

Download the Full Q2 2026 Report →

National Trends for Community Banks

Community banks nationally saw a number of notable shifts this quarter:

• Net income increased from Q1 2026, driven by higher net interest income, noninterest income, and security gains.
• Net interest margin improved over Q1 2026, as yields on earning assets edged up while cost of funds held steady.
• Provision for credit losses rose 37% over Q1 2026, but remained down 8% compared to the same period in 2025.
• Loan growth stayed positive and broad-based across most categories, with the notable exception of auto loans.

How New England Compares

Looking at the six-month period in 2026 relative to the prior quarter, New England banks showed several distinct patterns worth noting:

• Net interest margins increased slightly, with a modest rise in yield on earning assets while cost of funds remained unchanged. Both NIM and earning-asset yields continue to run below national averages, while cost of funds is roughly in line with the national picture.
• Net loan charge-offs decreased slightly from the prior quarter and remained lower than national averages — a continued sign of credit discipline across the region.
• Non-performing loans to total loans declined slightly and stayed below national averages.
• ACL to non-performing loans increased slightly and remained above national averages, reflecting healthy reserve coverage.

Taken together, the data points to a New England banking sector that continues to prioritize credit quality, even as margins remain modestly compressed relative to peers nationally.

A Note on Q1 2026 Data

Due to a delay in the FDIC's Q1 2026 data release, the underlying data needed to produce our Q1 Peer Data report was significantly delayed, pushing the report off its normal release schedule. It's now available below.

Download the Q1 2026 Report →

Questions About the Data?

Our team is always happy to walk through the numbers, discuss what they mean for your institution, or dig into a specific metric in more detail.

Contact Whittlesey →