Rockland Trust Company
Rockland Trust Company reported total assets of $25.0 bn at Q2 2026, up 24.5% on a year earlier, the 86th largest of 497 banks in our US coverage. The CET1 capital ratio at Rockland Trust Company was 14.85%, and the uninsured share of Rockland Trust Company was 33.49%. Source: FDIC Call Reports.
Key takeaways
- Since , Rockland Trust Company has taken over 6 institutions; the latest was Enterprise Bank and Trust Company on (FDIC Call Reports).
- On net interest margin, Rockland Trust Company climbed from 238th to 146th among 500 US banks between and (1 = highest; FDIC Call Reports).
What sets Rockland Trust Company apart
How large is Rockland Trust Company?
The balance sheet of Rockland Trust Company at : assets $25.0 bn, deposits $20.5 bn, net loans $18.2 bn (loans equal to 88.77% of deposits). Securities make up 13.2% of total assets at Rockland Trust Company. Since , when Rockland Trust Company held $7.2 bn, its assets grew 247.4%. In the year to , deposits at Rockland Trust Company rose 26.8% while its total assets rose 24.5%. At , Rockland Trust Company employed 2,269 full-time equivalent staff across 151 offices, about $11.0 mn of assets per employee and $135.9 mn of deposits per office.
How much funding at Rockland Trust Company is uninsured?
At Rockland Trust Company, uninsured deposits (above the FDIC limit) made up 33.49% of domestic deposits at (-1.66 pp on a year earlier); Rockland Trust Company ranks 266th of 500 on this measure. In dollars, Rockland Trust Company estimated $6.9 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $20.5 bn | +26.8% | 87th of 499 |
| Net loans and leases | $18.2 bn | +26.5% | 82nd of 500 |
| Loan-to-deposit ratio | 88.77% | -0.21 pp | 218th of 500 |
| Tier 1 leverage ratio | 11.83% | -0.11 pp | 105th of 500 |
| Total risk-based capital ratio | 15.85% | -0.44 pp | 126th of 448 |
| Net interest margin | 3.98% | +0.50 pp | 146th of 500 |
| Return on assets (ROA) | 1.41% | +0.35 pp | 188th of 500 |
| Efficiency ratio | 51.41% | -5.88 pp | 158th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $92.7 mn | Narrowed by $16.5 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $71.0 mn | Widened by $1.9 mn | |
| Noncurrent loans to total loans | 0.56% | +0.18 pp | 226th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.06% | -0.59 pp | 217th of 500 (1 = lowest) |
US rank of Rockland Trust Company: 1 = highest unless marked 1 = lowest.
Balance sheet
Rockland Trust Company: assets, deposits and loans
- Total assets $25.0bn
- Deposits $20.5bn
- Net loans $18.2bn
Capital and securities
The CET1 ratio of Rockland Trust Company stood at 14.85% in , -0.50 pp year on year. Low and high at Rockland Trust Company since : 11.84% () to 15.35% (). Equity capital of Rockland Trust Company at : $3.9 bn, or 15.6% of total assets. Rockland Trust Company also reported a total capital ratio of 15.85% for , and a tier 1 leverage ratio of 11.83%.
On held-to-maturity securities, Rockland Trust Company carried an unrealized loss of $92.7 mn at , equal to 2.4% of equity capital. The loss narrowed by $16.5 mn over the year. Its deepest point: $209.8 mn in . The available-for-sale portfolio of Rockland Trust Company showed an unrealized loss of $71.0 mn at ; the loss widened by $1.9 mn over the year.
Rockland Trust Company: capital ratios
- Total capital 16%
- CET1 15%
- Tier 1 leverage 12%
Rockland Trust Company: unrealized securities gains and losses
- Available for sale -$71mn
- Held to maturity -$93mn
Profitability and loan quality
For the year to , Rockland Trust Company earned a return on equity of 9.05%; return on assets: 1.41%. Net interest margin at Rockland Trust Company: 3.98%, +0.50 pp in a year. Rockland Trust Company net income: $175.9 mn, up 67.4% year on year. The efficiency ratio of Rockland Trust Company was 51.41%: about 51 cents cost per revenue dollar, against 44 cents at the median peer.
At , noncurrent loans were 0.56% of total loans at Rockland Trust Company; net charge-offs: 0.06% of average loans. Gross loans and leases at Rockland Trust Company: $18.4 bn, up 26.6% in a year.
Rockland Trust Company: profitability
- Return on equity 9.1%
- Net interest margin 4.0%
- Return on assets 1.4%
Peer group of Rockland Trust Company
The peer group of Rockland Trust Company 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 Rockland Trust Company (state nonmember bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in Massachusetts. Against them, Rockland Trust Company shows CET1 ratio 14.85% against a peer median of 14.15%, return on equity 9.05% against a peer median of 11.43% and uninsured deposit share 33.49% against a peer median of 41.57%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| First Interstate Bank | State member bank | MT | $25.8 bn | 14.32% | 9.61% | 36.43% | |
| Provident Bank | State-chartered stock savings bank | NJ | $25.7 bn | 12.10% | 10.63% | 54.14% | |
| Ameriprise Bank, FSB | Federal savings bank | MN | $25.5 bn | 30.38% | 50.95% | 1.54% | |
| Rockland Trust Company | State nonmember bank | MA | $25.0 bn | 14.85% | 9.05% | 33.49% | |
| Simmons Bank | State member bank | AR | $24.7 bn | 10.44% | 9.24% | 36.19% | |
| Cathay Bank | State nonmember bank | CA | $24.6 bn | 13.98% | 12.26% | 49.81% | |
| Centennial Bank | State member bank | AR | $24.6 bn | 14.83% | 12.23% | 46.72% | |
. FDIC Call Reports.
Last eight quarters
Two years at Rockland Trust Company, to : assets +28.6%, deposits +32.1%, equity +31.0%. Staff 1,752 to 2,269; offices 124 to 151.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $19.4 bn | $19.4 bn | $19.9 bn | $20.1 bn | $25.0 bn | $24.9 bn | $24.8 bn | $25.0 bn |
| Total deposits | $15.5 bn | $15.4 bn | $15.9 bn | $16.2 bn | $20.4 bn | $20.3 bn | $20.2 bn | $20.5 bn |
| Bank equity capital | $3.0 bn | $3.0 bn | $3.1 bn | $3.2 bn | $3.8 bn | $3.9 bn | $3.9 bn | $3.9 bn |
| CET1 ratio | 14.53% | 14.46% | 15.31% | 15.35% | 14.32% | 14.51% | 14.77% | 14.85% |
| Return on equity (ROE) | 6.69% | 6.71% | 6.13% | 6.79% | 5.98% | 6.61% | 9.13% | 9.05% |
| Uninsured share of domestic deposits | 32.57% | 32.18% | 33.11% | 35.14% | 33.01% | 32.18% | 32.15% | 33.49% |
| Full-time equivalent employees | 1,752 | 1,770 | 1,778 | 1,848 | 2,277 | 2,217 | 2,187 | 2,269 |
| Number of offices | 124 | 124 | 125 | 125 | 152 | 152 | 152 | 151 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Rockland Trust Company, oldest first; figures before and after each event are not like for like.
- . Absorbed Bank of Cape Cod (FDIC certificate 58270).
- . Absorbed The Edgartown National Bank (FDIC certificate 2575).
- . Absorbed The Milford National Bank and Trust Company (FDIC certificate 2615).
- . Absorbed Blue Hills Bank (FDIC certificate 90160).
- . Absorbed East Boston Savings Bank (FDIC certificate 33510).
- . Absorbed Enterprise Bank and Trust Company (FDIC certificate 27408).
Large one-quarter moves at Rockland Trust Company
- Total assets at Rockland Trust Company changed by +28.9% in the quarter to 2019-06-30: Absorbtion - Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Blue Hills Bank.
- Total assets at Rockland Trust Company changed by +40.5% in the quarter to 2021-12-31: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from East Boston Savings Bank.
Questions and identifiers
What were the total assets of Rockland Trust Company?
Rockland Trust Company reported $25.0 bn at in its Call Report. That makes Rockland Trust Company the 86th largest of 497 banks in our US coverage.
Is Rockland Trust Company the same as its holding company?
No. This page covers Rockland Trust Company, FDIC certificate 9712; INDEPENDENT BANK CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Rockland Trust Company profitable?
Rockland Trust Company reported net income of $175.9 mn for the year to ; annualized return on equity: 9.05%. So yes: Rockland Trust Company made a profit over these months.
When is data for Rockland Trust Company next updated?
Figures from Rockland Trust Company for are due after .
Where can I check the figures for Rockland Trust Company?
In the FDIC BankFind Suite record for certificate 9712, and in the Call Reports of Rockland Trust Company (RSSD ID 613008) at the FFIEC Central Data Repository.