BlastPoint's Banking Scorecard
Essex Bank
Designations: ✓ Mutual
Essex, CT
8 branches across CT
Essex Bank has 2 strengths but faces 4 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Revenue Diversifier: Top 15.5% in tier
- + Non-Interest-Bearing Deposit Share 15.88% above tier average
Key Concerns
Areas that may need attention
- - ROA 0.38% below tier average
- - Net Interest Margin 0.26% below tier average
- - Efficiency Ratio 19.91% above tier average
- - Delinquency Rate 0.42% above tier average
Core Metrics
As of 2026-Q1
| Metric | Current | vs Tier | Tier Avg | State Avg (CT) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$525.7M
+2.6% YoY
+1.1% QoQ
|
+$139.6M |
$386.1M
+0.5% YoY
|
$4.6B
+6.9% YoY
|
$6.2B
+9.1% YoY
|
74% |
| Total Loans ? |
$367.3M
+3.5% YoY
+1.0% QoQ
|
+$111.5M |
$255.7M
+1.1% YoY
|
$3.2B
+8.3% YoY
|
$3.2B
+10.8% YoY
|
76% |
| Total Deposits ? |
$439.7M
+1.5% YoY
+1.1% QoQ
|
+$111.7M |
$328.0M
+0.1% YoY
|
$3.7B
+5.9% YoY
|
$4.8B
+8.2% YoY
|
74% |
| Return on Assets ? |
0.89%
+56.8% YoY
-3.1% QoQ
|
-0.38% |
1.27%
+12.9% YoY
|
0.98%
+59.4% YoY
|
1.23%
+13.4% YoY
|
31% |
| Net Interest Margin ? |
3.67%
+6.7% YoY
-0.2% QoQ
|
-0.26% |
3.93%
+6.0% YoY
|
3.30%
+11.1% YoY
|
3.89%
+5.7% YoY
|
39% |
| Efficiency Ratio ? |
85.19%
-4.2% YoY
+0.8% QoQ
|
+19.91% |
65.29%
-4.5% YoY
|
74.04%
-0.3% YoY
|
66.95%
-4.1% YoY
|
Bottom 10.1% in tier |
| Delinquency Rate ? |
1.30%
-5.1% QoQ
|
+0.42% |
0.89%
+18.8% YoY
|
0.76%
+15.1% YoY
|
0.95%
+18.8% YoY
|
22% |
| Loan-to-Deposit Ratio ? |
83.53%
+1.9% YoY
-0.1% QoQ
|
+6.89% |
76.64%
+0.8% YoY
|
87.65%
+0.6% YoY
|
76.70%
+0.9% YoY
|
38% |
| Non-Interest-Bearing Deposit Share ? |
37.90%
+0.6% YoY
+1.7% QoQ
|
+15.88% |
22.02%
-1.0% YoY
|
20.48%
-2.9% YoY
|
22.01%
-1.2% YoY
|
Top 6.6% in tier |
| Nonperforming Asset Ratio ? |
0.91%
-5.2% QoQ
|
+0.27% |
0.64%
+19.7% YoY
|
0.54%
+14.2% YoY
|
0.67%
+19.3% YoY
|
22% |
| Tier 1 Capital Ratio ? |
12.78%
+6.2% YoY
+1.3% QoQ
|
-3.05% |
15.83%
+1.5% YoY
|
15.66%
+1.9% YoY
|
17.06%
+0.8% YoY
|
45% |
| Non-Interest Income / Assets ? |
1.30%
+12.4% YoY
-73.7% QoQ
|
+1.02% |
0.28%
+9.3% YoY
|
0.74%
+3.6% YoY
|
0.32%
+4.1% YoY
|
Top 1.5% in tier |
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Signature Analysis
Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.
Strengths (1)
Revenue Diversifier
growthTop-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.
Concerns (0)
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.