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BlastPoint's Banking Scorecard

Bank of New England

$1B-$10B Specialty: Commercial NH FDIC cert 24540

Designations: Community bank

Salem, NH

9 branches across NH · MA

884 banks in the $1B-$10B peer group nationally 5 in NH
View $1B-$10B leaderboard (NH) →

Bank of New England has 4 strengths but faces 3 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Profitability Leader: Top 40.7% in tier
  • + Efficiency Ratio 33.23% below tier average
  • + Net Interest Margin 0.51% above tier average
  • + Delinquency Rate 0.19% below tier average

Key Concerns

Areas that may need attention

  • - Non-Interest-Bearing Deposit Share 13.37% below tier average
  • - Nonperforming Asset Ratio 0.95% above tier average
  • - Non-Interest Income / Assets 0.25% below tier average

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (NH) National Avg Tier Percentile
Total Assets ? $1.8B
+9.5% YoY +2.3% QoQ
-$967.3M $2.8B
-0.1% YoY
$977.6M
+5.3% YoY
$6.2B
+9.1% YoY
46%
Total Loans ? $1.6B
+7.8% YoY -0.3% QoQ
-$406.3M $2.0B
+0.6% YoY
$770.5M
+4.0% YoY
$3.2B
+10.8% YoY
56%
Total Deposits ? $1.5B
+10.3% YoY +3.7% QoQ
-$815.2M $2.3B
-0.3% YoY
$822.1M
+5.6% YoY
$4.8B
+8.2% YoY
45%
Return on Assets ? 2.14%
+9.9% YoY -6.3% QoQ
+0.77% 1.37%
+19.6% YoY
2.50%
+26.1% YoY
1.23%
+13.4% YoY
Top 7.2% in tier
Net Interest Margin ? 4.33%
+2.6% YoY -1.1% QoQ
+0.51% 3.82%
+6.9% YoY
3.31%
+10.6% YoY
3.89%
+5.7% YoY
84%
Efficiency Ratio ? 27.83%
-9.9% YoY +6.0% QoQ
-33.23% 61.06%
-4.6% YoY
72.72%
-15.7% YoY
66.95%
-4.1% YoY
Top 1.2% in tier
Delinquency Rate ? 0.70%
-14.6% YoY -3.5% QoQ
-0.19% 0.89%
+14.1% YoY
0.86%
+40.0% YoY
0.95%
+18.8% YoY
40%
Loan-to-Deposit Ratio ? 101.99%
-2.3% YoY -3.9% QoQ
+17.79% 84.20%
+0.3% YoY
86.08%
-1.1% YoY
76.70%
+0.9% YoY
Bottom 10.1% in tier
Non-Interest-Bearing Deposit Share ? 7.92%
-10.8% YoY -2.5% QoQ
-13.37% 21.29%
-2.5% YoY
13.95%
-6.5% YoY
22.01%
-1.2% YoY
Bottom 7.9% in tier
Nonperforming Asset Ratio ? 1.62%
-11.5% YoY -3.6% QoQ
+0.95% 0.67%
+15.6% YoY
0.71%
+38.7% YoY
0.67%
+19.3% YoY
Bottom 9.5% in tier
Tier 1 Capital Ratio ? 15.87%
-5.4% YoY -4.5% QoQ
+0.71% 15.16%
+2.0% YoY
18.81%
-1.3% YoY
17.06%
+0.8% YoY
79%
Non-Interest Income / Assets ? 0.00%
+86.8% YoY -93.9% QoQ
-0.25% 0.26%
+1.6% YoY
1.05%
+15.4% YoY
0.32%
+4.1% YoY
Bottom 1.1% in tier

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 are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (1)

Profitability Leader

growth
#91 of 221 • Top 40.7% in tier

Top-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.

Why this signature
Return on Assets: 2.14%
(Tier: 1.37%, National: 1.23%)
better than tier avg
221 of 221 Mid-Market banks match · 926 nationally
→ Stable +3 banks QoQ | QoQ rank declining

Concerns (0)

No matched concern signatures this quarter

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 884 peers in $1B-$10B

Top Strengths (4 metrics)

12
Efficiency Ratio
profitability
Value: 27.83%
Peer Median: 61.06%
#12 of 884 Top 1.2% in $1B-$10B
65
Return on Assets
profitability
Value: 2.14%
Peer Median: 1.37%
#65 of 884 Top 7.2% in $1B-$10B
146
Net Interest Margin
profitability
Value: 4.33%
Peer Median: 3.82%
#146 of 884 Top 16.4% in $1B-$10B
183
Tier 1 Capital Ratio
capital
Value: 15.87%
Peer Median: 15.16%
#183 of 884 Top 20.6% in $1B-$10B

Top Weaknesses (4 metrics)

875
Non-Interest Income / Assets
revenue_mix
Value: 0.00%
Peer Median: 0.26%
#875 of 884 Bottom 1.1% in $1B-$10B
815
Non-Interest-Bearing Deposit Share
funding
Value: 7.92%
Peer Median: 21.29%
#815 of 884 Bottom 7.9% in $1B-$10B
801
Nonperforming Asset Ratio
credit_quality
Value: 1.62%
Peer Median: 0.67%
#801 of 884 Bottom 9.5% in $1B-$10B
796
Loan-to-Deposit Ratio
liquidity
Value: 101.99%
Peer Median: 84.20%
#796 of 884 Bottom 10.1% in $1B-$10B
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