Enterprise Bank and Trust Company (merged into Rockland Trust Company)
Enterprise Bank and Trust Company reported total assets of $5.0 bn at Q2 2025, its last Call Report before it merged into Rockland Trust Company. The CET1 capital ratio at Enterprise Bank and Trust Company was 11.59%, and the uninsured share of Enterprise Bank and Trust Company was 32.52%. Source: FDIC Call Reports.
What sets Enterprise Bank and Trust Company apart
Nothing in the latest data sets Enterprise Bank and Trust Company apart from banks of its size: no ratio in the top or bottom tenth of its size group, no large rank move or year change, and no acquisition in the FDIC history since 2016. This page is kept out of search results until that changes.
How large is Enterprise Bank and Trust Company?
The balance sheet of Enterprise Bank and Trust Company at : assets $5.0 bn, deposits $4.4 bn, net loans $4.0 bn (loans equal to 91.80% of deposits). Securities make up 11.9% of total assets at Enterprise Bank and Trust Company. Since , when Enterprise Bank and Trust Company held $2.3 bn, its assets grew 114.9%. In the year to , deposits at Enterprise Bank and Trust Company rose 2.7% while its total assets rose 3.8%. At , Enterprise Bank and Trust Company employed 504 full-time equivalent staff across 27 offices, about $9.8 mn of assets per employee and $161.7 mn of deposits per office.
How much funding at Enterprise Bank and Trust Company is uninsured?
At Enterprise Bank and Trust Company, uninsured deposits (above the FDIC limit) made up 32.52% of domestic deposits at (-1.88 pp on a year earlier). In dollars, Enterprise Bank and Trust Company estimated $1.4 bn of uninsured deposits.
Key facts, Q2 2025
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $4.4 bn | $4.3 bn (Q2 2024) | |
| Net loans and leases | $4.0 bn | $3.7 bn (Q2 2024) | |
| Loan-to-deposit ratio | 91.80% | 87.15% (Q2 2024) | |
| Tier 1 leverage ratio | 9.84% | 9.94% (Q2 2024) | |
| Total risk-based capital ratio | 12.84% | 12.99% (Q2 2024) | |
| Net interest margin | 3.52% | 3.37% (Q2 2024) | |
| Return on assets (ROA) | 0.06% | 0.85% (Q2 2024) | |
| Efficiency ratio | 93.30% | 69.14% (Q2 2024) | |
| Unrealized gain/loss on available-for-sale securities | Loss of $75.0 mn | Narrowed by $31.2 mn | |
| Noncurrent loans to total loans | 0.56% | 0.47% (Q2 2024) | |
| Net charge-offs to average loans | 0.18% | 0.00% (Q2 2024) |
US rank of Enterprise Bank and Trust Company: 1 = highest unless marked 1 = lowest.
Balance sheet
Enterprise Bank and Trust Company: assets, deposits and loans
- Total assets $5.0bn
- Deposits $4.4bn
- Net loans $4.0bn
Capital and securities
The CET1 ratio of Enterprise Bank and Trust Company stood at 11.59% in , -0.15 pp year on year. Low and high at Enterprise Bank and Trust Company since : 9.55% () to 13.29% (). Equity capital of Enterprise Bank and Trust Company at : $440.7 mn, or 8.9% of total assets. Enterprise Bank and Trust Company also reported a total capital ratio of 12.84% for , and a tier 1 leverage ratio of 9.84%.
The available-for-sale portfolio of Enterprise Bank and Trust Company showed an unrealized loss of $75.0 mn at ; the loss narrowed by $31.2 mn over the year.
Enterprise Bank and Trust Company: capital ratios
- Total capital 13%
- CET1 12%
- Tier 1 leverage 9.8%
Enterprise Bank and Trust Company: unrealized securities gains and losses
- Available for sale -$75mn
- Held to maturity $0
Profitability and loan quality
For the year to , Enterprise Bank and Trust Company earned a return on equity of 0.71%; return on assets: 0.06%. Net interest margin at Enterprise Bank and Trust Company: 3.52%, +0.15 pp in a year. Enterprise Bank and Trust Company net income: $1.5 mn, down 92.2% year on year. The efficiency ratio of Enterprise Bank and Trust Company was 93.30%: about 93 cents cost per revenue dollar, against 52 cents at the median peer.
At , noncurrent loans were 0.56% of total loans at Enterprise Bank and Trust Company; net charge-offs: 0.18% of average loans. Gross loans and leases at Enterprise Bank and Trust Company: $4.1 bn at , against $3.8 bn at .
Enterprise Bank and Trust Company: profitability
- Return on equity 0.7%
- Net interest margin 3.5%
- Return on assets 0.1%
Peer group of Enterprise Bank and Trust Company
The peer group of Enterprise Bank and Trust Company is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of Enterprise Bank and Trust Company (state nonmember bank) and 0 have head offices in Massachusetts. Against them, Enterprise Bank and Trust Company shows CET1 ratio 11.59% against a peer median of 12.92%, return on equity 0.71% against a peer median of 13.32% and uninsured deposit share 32.52% against a peer median of 34.68%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Heartland Bank and Trust Company | State nonmember bank | IL | $5.0 bn | 15.74% | 13.16% | 21.96% | |
| InterBank | State member bank | OK | $5.0 bn | 9.90% | 30.70% | 39.17% | |
| Southern Bank | State member bank | MO | $5.0 bn | 12.09% | 13.48% | 19.42% | |
| Enterprise Bank and Trust Company | State nonmember bank | MA | $5.0 bn | 11.59% | 0.71% | 32.52% | |
| Southern Bank and Trust Company | State nonmember bank | NC | $4.9 bn | 13.28% | 12.88% | 46.00% | |
| Third Coast Bank | State member bank | TX | $4.9 bn | 12.56% | 11.55% | 30.18% | |
| First National Bank Alaska | National bank | AK | $4.9 bn | 19.39% | 13.53% | 40.59% | |
. FDIC Call Reports.
Last eight quarters
Two years at Enterprise Bank and Trust Company, to : assets $4.5 bn to $5.0 bn, deposits $4.1 bn to $4.4 bn, equity $358.9 mn to $440.7 mn. Staff 562 to 504.
| Metric | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.5 bn | $4.5 bn | $4.6 bn | $4.8 bn | $4.7 bn | $4.8 bn | $4.9 bn | $5.0 bn |
| Total deposits | $4.1 bn | $4.0 bn | $4.1 bn | $4.3 bn | $4.2 bn | $4.2 bn | $4.3 bn | $4.4 bn |
| Bank equity capital | $358.9 mn | $387.6 mn | $392.9 mn | $396.9 mn | $427.2 mn | $419.2 mn | $445.0 mn | $440.7 mn |
| CET1 ratio | 12.19% | 11.84% | 11.94% | 11.74% | 11.80% | 11.78% | 11.80% | 11.59% |
| Return on equity (ROE) | 11.97% | 11.10% | 9.66% | 10.00% | 10.06% | 10.23% | 10.51% | 0.71% |
| Uninsured share of domestic deposits | 35.21% | 33.77% | 34.38% | 34.41% | 34.36% | 33.90% | 32.04% | 32.52% |
| Full-time equivalent employees | 562 | 570 | 569 | 573 | 575 | 576 | 560 | 504 |
| Number of offices | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Enterprise Bank and Trust Company, oldest first; figures before and after each event are not like for like.
- . Merged into Rockland Trust Company (FDIC certificate 9712).
Questions and identifiers
What were the total assets of Enterprise Bank and Trust Company?
Enterprise Bank and Trust Company reported $5.0 bn at in its Call Report.
Is Enterprise Bank and Trust Company the same as its holding company?
No. This page covers Enterprise Bank and Trust Company, FDIC certificate 27408; ENTERPRISE BCORP INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Enterprise Bank and Trust Company profitable?
Enterprise Bank and Trust Company reported net income of $1.5 mn for the year to ; annualized return on equity: 0.71%. So yes: Enterprise Bank and Trust Company made a profit over these months.
When is data for Enterprise Bank and Trust Company next updated?
Enterprise Bank and Trust Company no longer files Call Reports; its data ends at .
Where can I check the figures for Enterprise Bank and Trust Company?
In the FDIC BankFind Suite record for certificate 27408, and in the Call Reports of Enterprise Bank and Trust Company (RSSD ID 1356768) at the FFIEC Central Data Repository.