Northfield Bank (merged into Columbia Bank)
Northfield Bank reported total assets of $5.5 bn at Q2 2026, its last Call Report before it merged into Columbia Bank. Northfield Bank uses the community bank leverage ratio framework, with a leverage ratio of 13.13%, and the uninsured share of Northfield Bank was 50.35%. Source: FDIC Call Reports.
Key takeaways
- Since , Northfield Bank has taken over one institution; the latest was Victory State Bank on (FDIC Call Reports).
What sets Northfield Bank apart
How large is Northfield Bank?
The balance sheet of Northfield Bank at : assets $5.5 bn, deposits $4.0 bn, net loans $3.7 bn (loans equal to 91.69% of deposits). Securities make up 22.3% of total assets at Northfield Bank. Since , when Northfield Bank held $3.7 bn, its assets grew 49.8%. In the year to , deposits at Northfield Bank fell 0.6% while its total assets fell 3.1%. At , Northfield Bank employed 363 full-time equivalent staff across 37 offices, about $15.2 mn of assets per employee and $108.3 mn of deposits per office.
How much funding at Northfield Bank is uninsured?
At Northfield Bank, uninsured deposits (above the FDIC limit) made up 50.35% of domestic deposits at (+3.97 pp on a year earlier). In dollars, Northfield Bank estimated $2.0 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $4.0 bn | $4.0 bn (Q2 2025) | |
| Net loans and leases | $3.7 bn | $3.9 bn (Q2 2025) | |
| Loan-to-deposit ratio | 91.69% | 96.36% (Q2 2025) | |
| Net interest margin | 2.86% | 2.53% (Q2 2025) | |
| Return on assets (ROA) | 0.94% | 0.65% (Q2 2025) | |
| Efficiency ratio | 52.25% | 58.76% (Q2 2025) | |
| Unrealized gain/loss on held-to-maturity securities | Loss of $309,000 | Narrowed by $37,000 | |
| Unrealized gain/loss on available-for-sale securities | Loss of $10.9 mn | Narrowed by $1.0 mn | |
| Noncurrent loans to total loans | 0.62% | 0.42% (Q2 2025) | |
| Net charge-offs to average loans | 0.28% | 0.19% (Q2 2025) |
US rank of Northfield Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Northfield Bank: assets, deposits and loans
- Total assets $5.5bn
- Deposits $4.0bn
- Net loans $3.7bn
Capital and securities
Northfield Bank uses the community bank leverage ratio framework, so it reports no risk-based ratios; its leverage ratio was 13.13% in . Equity capital of Northfield Bank at : $721.2 mn, or 13.1% of total assets.
On held-to-maturity securities, Northfield Bank carried an unrealized loss of $309,000 at , equal to 0.0% of equity capital. The loss narrowed by $37,000 over the year. Its deepest point: $743,000 in . The available-for-sale portfolio of Northfield Bank showed an unrealized loss of $10.9 mn at ; the loss narrowed by $1.0 mn over the year.
Northfield Bank: capital ratios
- Total capital 16%
- CET1 15%
- Tier 1 leverage 13%
Northfield Bank: unrealized securities gains and losses
- Available for sale -$11mn
- Held to maturity -$309,000
Profitability and loan quality
For the year to , Northfield Bank earned a return on equity of 7.33%; return on assets: 0.94%. Net interest margin at Northfield Bank: 2.86%, +0.33 pp in a year. Northfield Bank net income: $26.7 mn, up 43.6% year on year. The efficiency ratio of Northfield Bank was 52.25%: about 52 cents cost per revenue dollar, against 66 cents at the median peer.
At , noncurrent loans were 0.62% of total loans at Northfield Bank; net charge-offs: 0.28% of average loans. Gross loans and leases at Northfield Bank: $3.7 bn at , against $3.9 bn at .
Northfield Bank: profitability
- Return on equity 7.3%
- Net interest margin 2.9%
- Return on assets 0.9%
Peer group of Northfield Bank
The peer group of Northfield 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 Northfield Bank (federal savings bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in New York. Against them, Northfield Bank shows return on equity 7.33% against a peer median of 11.18% and uninsured deposit share 50.35% against a peer median of 33.96%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| First Internet Bank of Indiana | State nonmember bank | IN | $5.5 bn | 10.84% | 4.12% | 36.90% | |
| Great Southern Bank | State nonmember bank | MO | $5.5 bn | 13.32% | 11.61% | 38.24% | |
| The American National Bank of Texas | National bank | TX | $5.5 bn | 12.30% | 11.51% | 43.91% | |
| Northfield Bank | Federal savings bank | NY | $5.5 bn | not reported | 7.33% | 50.35% | |
| Coastal Community Bank | State member bank | WA | $5.5 bn | 10.97% | -11.91% | 27.45% | |
| Green Dot Bank DBA Bonneville Bank | State member bank | UT | $5.4 bn | 31.97% | 29.74% | 3.68% | |
| Peoples Security Bank and Trust Company | State nonmember bank | PA | $5.4 bn | 12.75% | 10.85% | 31.02% | |
. FDIC Call Reports.
Last eight quarters
Two years at Northfield Bank, to : assets $5.7 bn to $5.5 bn, deposits $3.9 bn to $4.0 bn, equity $712.5 mn to $721.2 mn. Staff 377 to 363; offices 38 to 37.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $5.7 bn | $5.7 bn | $5.7 bn | $5.7 bn | $5.7 bn | $5.8 bn | $5.7 bn | $5.5 bn |
| Total deposits | $3.9 bn | $4.2 bn | $4.2 bn | $4.0 bn | $4.0 bn | $4.0 bn | $4.1 bn | $4.0 bn |
| Bank equity capital | $712.5 mn | $724.3 mn | $741.9 mn | $736.9 mn | $747.0 mn | $724.2 mn | $736.9 mn | $721.2 mn |
| Return on equity (ROE) | 3.78% | 4.47% | 4.58% | 5.06% | 5.40% | 0.42% | 7.76% | 7.33% |
| Uninsured share of domestic deposits | 43.58% | 43.50% | 46.56% | 46.38% | 48.14% | 49.06% | 50.15% | 50.35% |
| Full-time equivalent employees | 377 | 375 | 371 | 380 | 379 | 381 | 369 | 363 |
| Number of offices | 38 | 37 | 37 | 37 | 37 | 37 | 37 | 37 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Northfield Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Hopewell Valley Community Bank (FDIC certificate 34942).
- . Absorbed Victory State Bank (FDIC certificate 34565).
- . Merged into Columbia Bank (FDIC certificate 28834).
Questions and identifiers
What were the total assets of Northfield Bank?
Northfield Bank reported $5.5 bn at in its Call Report.
Is Northfield Bank the same as its holding company?
No. This page covers Northfield Bank, FDIC certificate 28710; NORTHFIELD BCORP INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Northfield Bank profitable?
Northfield Bank reported net income of $26.7 mn for the year to ; annualized return on equity: 7.33%. So yes: Northfield Bank made a profit over these months.
When is data for Northfield Bank next updated?
Northfield Bank no longer files Call Reports; its data ends at .
Where can I check the figures for Northfield Bank?
In the FDIC BankFind Suite record for certificate 28710, and in the Call Reports of Northfield Bank (RSSD ID 28013) at the FFIEC Central Data Repository.