Chelsea Groton Bank: how it compares with its peers
Against 15 CT banks with half to twice its assets, Chelsea Groton Bank's strongest measure in Q2 2026 is return on assets (1.39% vs. a 0.81% peer median). Its weakest relative measure is assets per employee ($8.2M vs. $8.7M).
| Measure | Chelsea Groton Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.39% | 0.81% | Top third Ahead of 87% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.84% | 3.45% | Top third Ahead of 87% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 58.41% | 72.16% | Top third Ahead of 87% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.2M | $8.7M | Middle third Ahead of 40% of peers |
| Loans to deposits Net loans and leases over total deposits. | 110.43% | 96.84% | Context |
What it means for lending operations
Its efficiency ratio of 58.41% is better than the 72.16% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Ives Bank Danbury, CT · $1.73B
- Newtown Savings Bank Newtown, CT · $1.87B
- Fairfield County Bank Ridgefield, CT · $1.92B
- Thomaston Savings Bank Thomaston, CT · $1.93B
- Ascend Bank Guilford, CT · $1.49B
- Patriot Bank, National Association Stamford, CT · $1.32B
Questions about Chelsea Groton Bank
How big is Chelsea Groton Bank?
Chelsea Groton Bank, established in 1854, is headquartered in Groton, CT. It reported $1.75B in total assets in its Q2 2026 FDIC call report and operates 14 offices.
What is Chelsea Groton Bank's return on assets?
1.39% annualized in Q2 2026, against a 0.81% median for 15 CT banks with half to twice its assets, ahead of 87% of them.
What is Chelsea Groton Bank's efficiency ratio?
58.41% in Q2 2026: it spent about 58 cents in noninterest expense for each dollar of revenue. The peer median is 72.16%, and lower is better.
Is Chelsea Groton Bank growing its loans?
Net loans grew 5.4% over the year to Q2 2026, while deposits grew 0.8%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are CT banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Connecticut bank ranked.