Bank of New England: how it compares with its peers
Against 789 U.S. banks with half to twice its assets, Bank of New England's strongest measure in Q2 2026 is efficiency ratio (29.67% vs. a 60.35% peer median). Its weakest relative measure is net interest margin (4.22% vs. 3.73%).
| Measure | Bank of New England | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.17% | 1.22% | Top third Ahead of 92% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.22% | 3.73% | Top third Ahead of 76% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 29.67% | 60.35% | Top third Ahead of 98% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $16.5M | $8.2M | Top third Ahead of 94% of peers |
| Loans to deposits Net loans and leases over total deposits. | 103.67% | 86.67% | Context |
What it means for lending operations
Its efficiency ratio of 29.67% is better than the 60.35% 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
- CCFBank National Association Altoona, WI · $1.81B
- North Dallas Bank & Trust Co. Dallas, TX · $1.81B
- The National Bank of Blacksburg Blacksburg, VA · $1.83B
- Wellworth Bank Lafayette, TN · $1.84B
- First Citizens Bank Mason City, IA · $1.80B
- Old Dominion National Bank Charlottesville, VA · $1.80B
Questions about Bank of New England
How big is Bank of New England?
Bank of New England, established in 1983, is headquartered in Salem, NH. It reported $1.82B in total assets in its Q2 2026 FDIC call report and operates 9 offices.
What is Bank of New England's return on assets?
2.17% annualized in Q2 2026, against a 1.22% median for 789 U.S. banks with half to twice its assets, ahead of 92% of them.
What is Bank of New England's efficiency ratio?
29.67% in Q2 2026: it spent about 30 cents in noninterest expense for each dollar of revenue. The peer median is 60.35%, and lower is better.
Is Bank of New England growing its loans?
Net loans grew 0.9% over the year to Q2 2026, while deposits grew 3.7%.
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 U.S. 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 New Hampshire bank ranked.