BlastPoint's Banking Scorecard
Essex Bank
Community
Specialty: Commercial
CT
FDIC cert 17262
Designations: ✓ Mutual
Essex, CT
1484
banks in Community tier nationally
21 in CT
View Community leaderboard (CT) →
Essex Bank has 2 strengths but faces 2 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Revenue Diversifier: Top 22% in Community
- + Non-Interest-Bearing Deposit Share 16.22% above tier
Key Concerns
Areas that may need attention
- - Capital Thin: Bottom 42% in Community
- - Efficiency Drag: Bottom 43% in Community
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (CT) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$519.9M
+4.0% YoY
+2.8% QoQ
|
-$871.6M |
$1.4B
+2.0% YoY
|
$4.5B
+6.5% YoY
|
$5.9B
+6.5% YoY
|
Bottom 3% in tier |
| Total Loans ? |
$363.5M
+2.4% YoY
-1.1% QoQ
|
-$612.0M |
$975.5M
+2.4% YoY
|
$3.1B
+7.8% YoY
|
$3.1B
+8.5% YoY
|
Bottom 10% in tier |
| Total Deposits ? |
$434.7M
+3.0% YoY
+2.8% QoQ
|
-$729.9M |
$1.2B
+1.7% YoY
|
$3.7B
+5.7% YoY
|
$4.7B
+6.3% YoY
|
Bottom 3% in tier |
| Return on Assets ? |
0.92%
+12.8% YoY
+9.5% QoQ
|
-0.24% |
1.16%
+17.2% YoY
|
0.58%
+27.4% YoY
|
1.12%
+15.6% YoY
|
32% |
| Net Interest Margin ? |
3.67%
+2.8% YoY
+2.1% QoQ
|
+0.01% |
3.66%
+9.1% YoY
|
3.18%
+11.7% YoY
|
3.75%
+7.1% YoY
|
52% |
| Efficiency Ratio ? |
84.49%
-1.0% YoY
-1.2% QoQ
|
+21.86% |
62.63%
-5.3% YoY
|
75.93%
-4.7% YoY
|
65.09%
-5.1% YoY
|
Bottom 7% in tier |
| Delinquency Rate ? |
1.37%
-0.9% QoQ
|
+0.75% |
0.63%
+18.3% YoY
|
0.61%
+14.1% YoY
|
0.66%
+20.3% YoY
|
18% |
| Loan-to-Deposit Ratio ? |
83.62%
-0.6% YoY
-3.7% QoQ
|
+0.55% |
83.06%
+0.3% YoY
|
93.24%
+0.3% YoY
|
78.04%
+0.7% YoY
|
54% |
| Non-Interest-Bearing Deposit Share ? |
37.27%
-3.1% YoY
+1.9% QoQ
|
+16.22% |
21.05%
-0.9% YoY
|
21.38%
+2.3% YoY
|
21.79%
-1.3% YoY
|
Top 6% in tier |
| Nonperforming Asset Ratio ? |
0.96%
-4.6% QoQ
|
+0.46% |
0.50%
+20.3% YoY
|
0.44%
+31.0% YoY
|
0.48%
+20.8% YoY
|
21% |
| Tier 1 Capital Ratio ? | 0.00% | -10.24% |
10.24%
-0.6% YoY
|
9.58%
+5.3% YoY
|
9.75%
-1.9% YoY
|
29% |
| Non-Interest Income / Assets ? |
4.93%
+6.3% YoY
+32.6% QoQ
|
+4.19% |
0.74%
-1.3% YoY
|
0.70%
+1.7% YoY
|
0.65%
+0.6% YoY
|
Top 1% in tier |
Signature Analysis
Strengths (2)
Revenue Diversifier
growth
#82 of 371 · Top 22% in Community
Top-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.
Why this signature
Noninterest Income / Assets:
4.93%
(Tier: 0.74%, National: 0.65%)
Return on Assets:
0.92%
(Tier: 1.16%, National: 1.12%)
371 of 371 Community banks match
·
441 nationally
→ Stable
+4 banks QoQ
|
QoQ rank improving
Non-Interest-Bearing Deposit Share
metric
Top 6%
in Community
Why this stands out
Current:
37.27%
(Tier avg: 21.05%, National avg: 21.79%)
Concerns (2)
Capital Thin
risk
#180 of 432 · Bottom 42% in Community
Tier 1 capital ratio in the bottom quartile of peers. Capital cushion thin relative to peers - regulator-watching cohort.
Why this signature
Tier 1 Risk-Based Capital Ratio:
0.00%
(Tier: 10.24%, National: 9.75%)
432 of 432 Community banks match
·
505 nationally
→ Stable
+11 banks QoQ
|
QoQ rank improving
Efficiency Drag
risk
#66 of 152 · Bottom 43% in Community
Efficiency ratio above 80% - operating costs elevated relative to revenue. Margin improvement opportunity.
Why this signature
Efficiency Ratio:
84.49%
(Tier: 62.63%, National: 65.09%)
152 of 152 Community banks match
·
163 nationally
→ Stable
-9 banks QoQ
|
QoQ rank declining
Metric Rankings
How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.
Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%
Top Strengths
99
99th pctile
Non-Interest Income / Assets
Current: 4.93% · Tier avg: 0.74%
94
94th pctile
Non-Interest-Bearing Deposit Share
Current: 37.27% · Tier avg: 21.05%
54
54th pctile
Loan-to-Deposit Ratio
Current: 83.62% · Tier avg: 83.06%
52
52th pctile
Net Interest Margin
Current: 3.67% · Tier avg: 3.66%
32
32th pctile
Return on Assets
Current: 0.92% · Tier avg: 1.16%
29
29th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 10.24%
21
21th pctile
Nonperforming Asset Ratio
Current: 0.96% · Tier avg: 0.50%
18
18th pctile
Delinquency Rate
Current: 1.37% · Tier avg: 0.63%
10
10th pctile
Total Loans
Current: $363.5M · Tier avg: $975.5M
7
7th pctile
Efficiency Ratio
Current: 84.49% · Tier avg: 62.63%
3
3th pctile
Total Assets
Current: $519.9M · Tier avg: $1.4B
3
3th pctile
Total Deposits
Current: $434.7M · Tier avg: $1.2B
Top Weaknesses
3
3th pctile
Total Deposits
Current: $434.7M · Tier avg: $1.2B
3
3th pctile
Total Assets
Current: $519.9M · Tier avg: $1.4B
7
7th pctile
Efficiency Ratio
Current: 84.49% · Tier avg: 62.63%
10
10th pctile
Total Loans
Current: $363.5M · Tier avg: $975.5M
18
18th pctile
Delinquency Rate
Current: 1.37% · Tier avg: 0.63%
21
21th pctile
Nonperforming Asset Ratio
Current: 0.96% · Tier avg: 0.50%
29
29th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 10.24%
32
32th pctile
Return on Assets
Current: 0.92% · Tier avg: 1.16%
52
52th pctile
Net Interest Margin
Current: 3.67% · Tier avg: 3.66%
54
54th pctile
Loan-to-Deposit Ratio
Current: 83.62% · Tier avg: 83.06%
94
94th pctile
Non-Interest-Bearing Deposit Share
Current: 37.27% · Tier avg: 21.05%
99
99th pctile
Non-Interest Income / Assets
Current: 4.93% · Tier avg: 0.74%