Q4 Net Interest Margin Rises to 3.29%
Reports Q4 net interest margin up 13 basis points over Q3 to 3.29%, and core net interest margin up 10 basis points over the same period to 2.92%. Tangible book value per share increased 4% during Q4 to $29.69 at year-end. Common Equity Tier 1 ratio was 11.69%, Tier 1 risk-based ratio was 13.00%, total risk-based ratio was 13.95%, and Tier 1 leverage ratio was 9.12%. "We are delighted to report record-breaking quarterly performance, powered by strong execution of our strategic initiatives and continued expansion of our net interest margin, reaching 3.29% for the fourth quarter," said CEO Simon Griffiths. "Our balance sheet remains exceptionally strong and credit metrics continue to trend favorably. I extend my sincere thanks to our colleagues, whose dedication to our customers and communities has positioned us for an outstanding 2026 and an even brighter future. We are more confident than ever in our strategy to build the premier community bank in Northern New England, and our strong 2025 financial results provide a powerful foundation for the growth and opportunities ahead."
