The National Grand Bank of Marblehead: how it compares with its peers
Against 25 MA banks with half to twice its assets, The National Grand Bank of Marblehead's strongest measure in Q2 2026 is assets per employee ($10.6M vs. a $7.8M peer median). Its weakest relative measure is net interest margin (2.48% vs. 3.13%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.60% | 0.41% | Top third Ahead of 72% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.48% | 3.13% | Bottom third Ahead of 12% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 72.72% | 84.66% | Top third Ahead of 80% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.6M | $7.8M | Top third Ahead of 88% of peers |
| Loans to deposits Net loans and leases over total deposits. | 90.18% | 91.44% | Context |
What it means for lending operations
Its efficiency ratio of 72.72% is better than the 84.66% 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
- North Brookfield Savings Bank North Brookfield, MA · $449M
- The Pittsfield Co-operative Bank Pittsfield, MA · $452M
- Seamen's Bank Provincetown, MA · $478M
- Winter Hill Bank, FSB Somerville, MA · $408M
- Dean Co-operative Bank Franklin, MA · $494M
- BankGloucester Gloucester, MA · $387M
Questions about The National Grand Bank of Marblehead
How big is The National Grand Bank of Marblehead?
The National Grand Bank of Marblehead, established in 1831, is headquartered in Marblehead, MA. It reported $445M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is The National Grand Bank of Marblehead's return on assets?
0.60% annualized in Q2 2026, against a 0.41% median for 25 MA banks with half to twice its assets, ahead of 72% of them.
What is The National Grand Bank of Marblehead's efficiency ratio?
72.72% in Q2 2026: it spent about 73 cents in noninterest expense for each dollar of revenue. The peer median is 84.66%, and lower is better.
Is The National Grand Bank of Marblehead growing its loans?
Net loans grew 3.1% over the year to Q2 2026, while deposits shrank 0.3%.
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 MA 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 Massachusetts bank ranked.