Haverhill Bank: how it compares with its peers
Against 37 MA banks with half to twice its assets, Haverhill Bank's strongest measure in Q2 2026 is return on assets (1.53% vs. a 0.51% peer median). Its weakest relative measure is net interest margin (2.69% vs. 3.13%).
| Measure | Haverhill Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.53% | 0.51% | Top third Ahead of 95% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.69% | 3.13% | Bottom third Ahead of 22% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 84.66% | 80.62% | Bottom third Ahead of 30% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.6M | $8.5M | Top third Ahead of 68% of peers |
| Loans to deposits Net loans and leases over total deposits. | 91.71% | 92.71% | Context |
What it means for lending operations
Its efficiency ratio of 84.66% is above the 80.62% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- OneUnited Bank Boston, MA · $638M
- Walpole Co-operative Bank Walpole, MA · $646M
- Middlesex Federal Savings, F.A. Somerville, MA · $654M
- Lee Bank Lee, MA · $591M
- Bay State Savings Bank Worcester, MA · $580M
- Eagle Bank Everett, MA · $709M
Questions about Haverhill Bank
How big is Haverhill Bank?
Haverhill Bank, established in 1877, is headquartered in Haverhill, MA. It reported $637M in total assets in its Q2 2026 FDIC call report and operates 7 offices.
What is Haverhill Bank's return on assets?
1.53% annualized in Q2 2026, against a 0.51% median for 37 MA banks with half to twice its assets, ahead of 95% of them.
What is Haverhill Bank's efficiency ratio?
84.66% in Q2 2026: it spent about 85 cents in noninterest expense for each dollar of revenue. The peer median is 80.62%, and lower is better.
Is Haverhill Bank growing its loans?
Net loans grew 0.6% over the year to Q2 2026, while deposits shrank 1.0%.
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.