BayCoast Bank
BayCoast Bank reported total assets of $2.9 bn at Q2 2026, down 3.6% on a year earlier, the 440th largest of 497 banks in our US coverage. The CET1 capital ratio at BayCoast Bank was 10.77%, and the uninsured share of BayCoast Bank was 32.75%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, BayCoast Bank slipped from 119th to 421st among 500 US banks between and (1 = lowest; FDIC Call Reports).
- BayCoast Bank has one of the highest efficiency ratio readings among banks of $1 bn to $10 bn: 84.34% at , against a median of 56.87% across 339 banks (FDIC Call Reports).
- The tier 1 leverage ratio of BayCoast Bank, 8.29% at , places BayCoast Bank in the bottom tenth of banks of $1 bn to $10 bn (group median 10.45%; FDIC Call Reports).
What sets BayCoast Bank apart
- Among the 287 banks of $1 bn to $10 bn, few report a lower common equity tier 1 (CET1) ratio than BayCoast Bank, at 10.77% in ; the group median is 13.22%.
- BayCoast Bank reports one of the lowest return on assets (ROA) readings among banks of $1 bn to $10 bn: 0.51% at , where the median of the 339 banks is 1.32%.
- The return on equity (ROE) of BayCoast Bank, 5.65% at , places BayCoast Bank in the bottom tenth of banks of $1 bn to $10 bn (group median 12.68%).
How large is BayCoast Bank?
The balance sheet of BayCoast Bank at : assets $2.9 bn, deposits $2.5 bn, net loans $2.2 bn (loans equal to 90.62% of deposits). Securities make up 12.6% of total assets at BayCoast Bank. Since , when BayCoast Bank held $1.2 bn, its assets grew 144.8%. In the year to , deposits at BayCoast Bank rose 0.5% while its total assets fell 3.6%. At , BayCoast Bank employed 566 full-time equivalent staff across 25 offices, about $5.1 mn of assets per employee and $98.6 mn of deposits per office.
How much funding at BayCoast Bank is uninsured?
At BayCoast Bank, uninsured deposits (above the FDIC limit) made up 32.75% of domestic deposits at (-1.64 pp on a year earlier); BayCoast Bank ranks 275th of 500 on this measure. In dollars, BayCoast Bank estimated $807.1 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $2.5 bn | +0.5% | 430th of 499 |
| Net loans and leases | $2.2 bn | -4.5% | 404th of 500 |
| Loan-to-deposit ratio | 90.62% | -4.68 pp | 178th of 500 |
| Tier 1 leverage ratio | 8.29% | +0.21 pp | 467th of 500 |
| Total risk-based capital ratio | 12.02% | +0.28 pp | 413th of 448 |
| Net interest margin | 3.41% | +0.49 pp | 317th of 500 |
| Return on assets (ROA) | 0.51% | +0.14 pp | 471st of 500 |
| Efficiency ratio | 84.34% | +0.42 pp | 487th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $6.3 mn | Widened by $215,000 | |
| Noncurrent loans to total loans | 1.45% | +1.18 pp | 421st of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.12% | +0.10 pp | 284th of 500 (1 = lowest) |
US rank of BayCoast Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
BayCoast Bank: assets, deposits and loans
- Total assets $2.9bn
- Deposits $2.5bn
- Net loans $2.2bn
Capital and securities
The CET1 ratio of BayCoast Bank stood at 10.77% in , +0.28 pp year on year. Low and high at BayCoast Bank since : 8.92% () to 11.76% (). Equity capital of BayCoast Bank at : $257.8 mn, or 9.0% of total assets. BayCoast Bank also reported a total capital ratio of 12.02% for , and a tier 1 leverage ratio of 8.29%.
The available-for-sale portfolio of BayCoast Bank showed an unrealized loss of $6.3 mn at ; the loss widened by $215,000 over the year.
BayCoast Bank: capital ratios
- Total capital 12%
- CET1 11%
- Tier 1 leverage 8.3%
BayCoast Bank: unrealized securities gains and losses
- Available for sale -$6mn
- Held to maturity $0
Profitability and loan quality
For the year to , BayCoast Bank earned a return on equity of 5.65%; return on assets: 0.51%. Net interest margin at BayCoast Bank: 3.41%, +0.49 pp in a year. BayCoast Bank net income: $7.3 mn, up 32.7% year on year. The efficiency ratio of BayCoast Bank was 84.34%: about 84 cents cost per revenue dollar, against 67 cents at the median peer.
At , noncurrent loans were 1.45% of total loans at BayCoast Bank; net charge-offs: 0.12% of average loans. Gross loans and leases at BayCoast Bank: $2.3 bn, down 4.4% in a year.
BayCoast Bank: profitability
- Return on equity 5.7%
- Net interest margin 3.4%
- Return on assets 0.5%
Peer group of BayCoast Bank
The peer group of BayCoast Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 0 share the charter type of BayCoast Bank (state-chartered stock savings bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Massachusetts. Against them, BayCoast Bank shows CET1 ratio 10.77% against a peer median of 16.75%, return on equity 5.65% against a peer median of 11.80% and uninsured deposit share 32.75% against a peer median of 40.05%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Merchants Bank | National bank | MN | $2.9 bn | 13.46% | 10.53% | 25.78% | |
| West Texas National Bank | National bank | TX | $2.9 bn | 16.75% | 15.54% | 64.10% | |
| Jefferson Bank | State nonmember bank | TX | $2.9 bn | not reported | 13.07% | 56.54% | |
| BayCoast Bank | State-chartered stock savings bank | MA | $2.9 bn | 10.77% | 5.65% | 32.75% | |
| WebBank | State nonmember bank | UT | $2.9 bn | 18.10% | 28.37% | 13.87% | |
| Bank Independent | State member bank | AL | $2.9 bn | 13.22% | 6.52% | 42.85% | |
| Industrial and Commercial Bank of China USA | National bank | NY | $2.9 bn | 17.53% | 3.88% | 37.25% | |
. FDIC Call Reports.
Last eight quarters
Two years at BayCoast Bank, to : assets -3.8%, deposits +2.5%, equity +3.8%. Staff 524 to 566.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.0 bn | $2.9 bn | $3.0 bn | $3.0 bn | $2.9 bn | $2.8 bn | $2.9 bn | $2.9 bn |
| Total deposits | $2.4 bn | $2.3 bn | $2.4 bn | $2.5 bn | $2.5 bn | $2.4 bn | $2.5 bn | $2.5 bn |
| Bank equity capital | $248.4 mn | $252.3 mn | $254.0 mn | $254.7 mn | $254.3 mn | $258.9 mn | $258.2 mn | $257.8 mn |
| CET1 ratio | 10.48% | 10.62% | 10.73% | 10.49% | 10.66% | 10.67% | 10.69% | 10.77% |
| Return on equity (ROE) | 4.91% | 4.58% | 2.33% | 4.33% | 4.58% | 5.25% | 3.96% | 5.65% |
| Uninsured share of domestic deposits | 34.16% | 33.37% | 35.71% | 34.39% | 34.61% | 34.02% | 33.37% | 32.75% |
| Full-time equivalent employees | 524 | 519 | 527 | 541 | 528 | 520 | 533 | 566 |
| Number of offices | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by BayCoast Bank appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of BayCoast Bank?
BayCoast Bank reported $2.9 bn at in its Call Report. That makes BayCoast Bank the 440th largest of 497 banks in our US coverage.
Is BayCoast Bank the same as its holding company?
No. This page covers BayCoast Bank, FDIC certificate 90196; NARRAGANSETT FINANCIAL CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is BayCoast Bank profitable?
BayCoast Bank reported net income of $7.3 mn for the year to ; annualized return on equity: 5.65%. So yes: BayCoast Bank made a profit over these months.
When is data for BayCoast Bank next updated?
Figures from BayCoast Bank for are due after .
Where can I check the figures for BayCoast Bank?
In the FDIC BankFind Suite record for certificate 90196, and in the Call Reports of BayCoast Bank (RSSD ID 771609) at the FFIEC Central Data Repository.