Beacon Bank and Trust
Beacon Bank and Trust reported total assets of $22.2 bn at Q2 2026, up 260.3% on a year earlier, the 97th largest of 497 banks in our US coverage. The CET1 capital ratio at Beacon Bank and Trust was 11.77%, and the uninsured share of Beacon Bank and Trust was 38.34%. Source: FDIC Call Reports.
Key takeaways
- On total deposits, Beacon Bank and Trust climbed from 258th to 95th among 499 US banks between and (1 = highest; FDIC Call Reports).
- Since , Beacon Bank and Trust has taken over 5 institutions; the latest was PCSB Bank on (FDIC Call Reports).
- Over the year to , the total assets of Beacon Bank and Trust rose by 260.3% to $22.2 bn, one of the largest rises among covered banks (FDIC Call Reports).
What sets Beacon Bank and Trust apart
- Over the year to , the total deposits of Beacon Bank and Trust rose by 302.0% to $18.6 bn, one of the largest rises among covered banks.
- Over the year to , the net loans and leases of Beacon Bank and Trust rose by 230.0% to $17.6 bn, one of the largest rises among covered banks.
- Over the year to , the bank equity capital of Beacon Bank and Trust rose by 321.7% to $2.5 bn, one of the largest rises among covered banks.
How large is Beacon Bank and Trust?
The balance sheet of Beacon Bank and Trust at : assets $22.2 bn, deposits $18.6 bn, net loans $17.6 bn (loans equal to 94.30% of deposits). Securities make up 7.9% of total assets at Beacon Bank and Trust. Since , when Beacon Bank and Trust held $3.7 bn, its assets grew 496.2%. At , Beacon Bank and Trust employed 1,970 full-time equivalent staff across 151 offices, about $11.3 mn of assets per employee and $123.5 mn of deposits per office.
How much funding at Beacon Bank and Trust is uninsured?
At Beacon Bank and Trust, uninsured deposits (above the FDIC limit) made up 38.34% of domestic deposits at (+7.27 pp on a year earlier); Beacon Bank and Trust ranks 213th of 500 on this measure. In dollars, Beacon Bank and Trust estimated $7.2 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $18.6 bn | +302.0% | 95th of 499 |
| Net loans and leases | $17.6 bn | +230.0% | 85th of 500 |
| Loan-to-deposit ratio | 94.30% | -20.59 pp | 125th of 500 |
| Tier 1 leverage ratio | 9.83% | +0.26 pp | 325th of 500 |
| Total risk-based capital ratio | 12.86% | +0.57 pp | 370th of 448 |
| Net interest margin | 3.79% | +0.43 pp | 207th of 500 |
| Return on assets (ROA) | 1.05% | +0.32 pp | 363rd of 500 |
| Efficiency ratio | 56.07% | -2.72 pp | 254th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $47.4 mn | Widened by $24.6 mn | |
| Noncurrent loans to total loans | 0.90% | -0.38 pp | 339th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.31% | +0.17 pp | 403rd of 500 (1 = lowest) |
US rank of Beacon Bank and Trust: 1 = highest unless marked 1 = lowest.
Balance sheet
Beacon Bank and Trust: assets, deposits and loans
- Total assets $22.2bn
- Deposits $18.6bn
- Net loans $17.6bn
Capital and securities
The CET1 ratio of Beacon Bank and Trust stood at 11.77% in , +0.73 pp year on year. Low and high at Beacon Bank and Trust since : 10.35% () to 12.51% (). Equity capital of Beacon Bank and Trust at : $2.5 bn, or 11.4% of total assets. Beacon Bank and Trust also reported a total capital ratio of 12.86% for , and a tier 1 leverage ratio of 9.83%.
The available-for-sale portfolio of Beacon Bank and Trust showed an unrealized loss of $47.4 mn at ; the loss widened by $24.6 mn over the year.
Beacon Bank and Trust: capital ratios
- Total capital 13%
- CET1 12%
- Tier 1 leverage 9.8%
Beacon Bank and Trust: unrealized securities gains and losses
- Available for sale -$47mn
- Held to maturity $0
Profitability and loan quality
For the year to , Beacon Bank and Trust earned a return on equity of 9.41%; return on assets: 1.05%. Net interest margin at Beacon Bank and Trust: 3.79%, +0.43 pp in a year. Beacon Bank and Trust net income: $118.5 mn, up 419.4% year on year. The efficiency ratio of Beacon Bank and Trust was 56.07%: about 56 cents cost per revenue dollar, against 55 cents at the median peer.
At , noncurrent loans were 0.90% of total loans at Beacon Bank and Trust; net charge-offs: 0.31% of average loans. Gross loans and leases at Beacon Bank and Trust: $17.8 bn, up 229.1% in a year.
Beacon Bank and Trust: profitability
- Return on equity 9.4%
- Net interest margin 3.8%
- Return on assets 1.1%
Peer group of Beacon Bank and Trust
The peer group of Beacon Bank and Trust is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Beacon Bank and Trust (state member bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in Massachusetts. Against them, Beacon Bank and Trust shows CET1 ratio 11.77% against a peer median of 13.16%, return on equity 9.41% against a peer median of 12.54% and uninsured deposit share 38.34% against a peer median of 43.62%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| TowneBank | State nonmember bank | VA | $22.6 bn | 12.16% | 16.91% | 47.97% | |
| Wilmington Savings Fund Society, FSB | Federal savings bank | DE | $22.6 bn | 13.77% | 13.22% | 46.12% | |
| First Financial Bank | State member bank | OH | $22.4 bn | 12.77% | 11.86% | 41.88% | |
| Beacon Bank and Trust | State member bank | MA | $22.2 bn | 11.77% | 9.41% | 38.34% | |
| Optum Bank, Inc. | State nonmember bank | UT | $21.4 bn | 17.86% | 17.52% | 3.78% | |
| Seacoast National Bank | National bank | FL | $21.3 bn | 13.55% | 6.11% | 36.31% | |
| First Merchants Bank | State nonmember bank | IN | $21.3 bn | 11.50% | 6.04% | 45.36% | |
. FDIC Call Reports.
Last eight quarters
Two years at Beacon Bank and Trust, to : assets +251.6%, deposits +307.6%, equity +327.0%. Staff 508 to 1,970; offices 28 to 151.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $6.3 bn | $6.4 bn | $6.2 bn | $6.2 bn | $22.8 bn | $23.2 bn | $22.2 bn | $22.2 bn |
| Total deposits | $4.6 bn | $4.7 bn | $4.7 bn | $4.6 bn | $19.1 bn | $19.7 bn | $18.4 bn | $18.6 bn |
| Bank equity capital | $594.8 mn | $592.1 mn | $598.4 mn | $602.3 mn | $2.4 bn | $2.5 bn | $2.5 bn | $2.5 bn |
| CET1 ratio | 10.44% | 10.47% | 10.88% | 11.04% | 10.55% | 11.22% | 11.47% | 11.77% |
| Return on equity (ROE) | 5.84% | 6.66% | 7.66% | 7.64% | -0.42% | 5.90% | 8.11% | 9.41% |
| Uninsured share of domestic deposits | 30.89% | 30.86% | 32.00% | 31.07% | 36.88% | 36.12% | 38.45% | 38.34% |
| Full-time equivalent employees | 508 | 498 | 496 | 499 | 2,028 | 2,008 | 1,924 | 1,970 |
| Number of offices | 28 | 27 | 27 | 28 | 150 | 150 | 150 | 151 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Beacon Bank and Trust, oldest first; figures before and after each event are not like for like.
- . Absorbed First Commons Bank, National Association (FDIC certificate 58923).
- . Absorbed First Ipswich Bank (FDIC certificate 2595).
- . Absorbed Bank Rhode Island (FDIC certificate 34147).
- . Absorbed Berkshire Bank (FDIC certificate 23621).
- . Absorbed PCSB Bank (FDIC certificate 15995).
Large one-quarter moves at Beacon Bank and Trust
- Total assets at Beacon Bank and Trust changed by +269.7% in the quarter to 2025-09-30: Affiliated Institution Merger (Pooling) (i.e. Corporate Reorganization; Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Bank Rhode Island, Berkshire Bank, PCSB Bank.
Questions and identifiers
What were the total assets of Beacon Bank and Trust?
Beacon Bank and Trust reported $22.2 bn at in its Call Report. That makes Beacon Bank and Trust the 97th largest of 497 banks in our US coverage.
Is Beacon Bank and Trust the same as its holding company?
No. This page covers Beacon Bank and Trust, FDIC certificate 17798; Beacon Financial Corp, its holding company, reports separately to the Federal Reserve.
Is Beacon Bank and Trust profitable?
Beacon Bank and Trust reported net income of $118.5 mn for the year to ; annualized return on equity: 9.41%. So yes: Beacon Bank and Trust made a profit over these months.
When is data for Beacon Bank and Trust next updated?
Figures from Beacon Bank and Trust for are due after .
Where can I check the figures for Beacon Bank and Trust?
In the FDIC BankFind Suite record for certificate 17798, and in the Call Reports of Beacon Bank and Trust (RSSD ID 782306) at the FFIEC Central Data Repository.