BayCoast Bank: how it compares with its peers
Against 30 MA banks with half to twice its assets, BayCoast Bank's strongest measure in Q2 2026 is net interest margin (3.41% vs. a 3.00% peer median). Its weakest relative measure is assets per employee ($5.1M vs. $10.8M).
| Measure | BayCoast Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.51% | 0.73% | Bottom third Ahead of 20% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.41% | 3.00% | Top third Ahead of 80% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 84.34% | 69.80% | Bottom third Ahead of 3% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.1M | $10.8M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 90.62% | 98.76% | Context |
What it means for lending operations
Its efficiency ratio of 84.34% is above the 69.80% 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
- Avidia Bank Hudson, MA · $2.77B
- Westfield Bank Westfield, MA · $2.73B
- UniBank for Savings Whitinsville, MA · $3.11B
- Dedham Institution for Savings Dedham, MA · $2.60B
- Cornerstone Bank Spencer, MA · $2.57B
- South Shore Bank South Weymouth, MA · $2.52B
Questions about BayCoast Bank
How big is BayCoast Bank?
BayCoast Bank, established in 1851, is headquartered in Swansea, MA. It reported $2.86B in total assets in its Q2 2026 FDIC call report and operates 26 offices.
What is BayCoast Bank's return on assets?
0.51% annualized in Q2 2026, against a 0.73% median for 30 MA banks with half to twice its assets, ahead of 20% of them.
What is BayCoast Bank's efficiency ratio?
84.34% in Q2 2026: it spent about 84 cents in noninterest expense for each dollar of revenue. The peer median is 69.80%, and lower is better.
Is BayCoast Bank growing its loans?
Net loans shrank 4.5% over the year to Q2 2026, while deposits grew 0.5%.
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.