Rockland Trust Company

Overview

What stands out about Rockland Trust Company?

Its largest one-quarter change in total assets since Q1 2016 was +40.5% between Q3 2021 and Q4 2021, when it absorbed East Boston Savings Bank.

How large is Rockland Trust Company?

At Q2 2026 the bank held $25.0 bn of assets. Deposits were $20.5 bn and net loans and leases $18.2 bn, a loan-to-deposit ratio of 88.77%. Securities of $3.3 bn made up 13.2% of assets.

Total assets rose 247.4% between Q1 2016 and Q2 2026, from $7.2 bn.

How much of its funding is uninsured?

An estimated 33.49% of domestic deposits were above the FDIC insurance limit at Q2 2026, +1.34 pp from the previous quarter and -1.66 pp from a year earlier. That share ranks 266th among 500 banks reporting this metric (1 = highest).

Key facts, Q2 2026

US rank: rank among the banks in our coverage reporting each metric, 1 = highest unless marked 1 = lowest.

The common equity tier 1 (CET1) ratio was 14.85% at Q2 2026, -0.50 pp from a year earlier. Since Q1 2016 it has ranged from 11.84% (Q2 2016) to 15.35% (Q2 2025). At Q2 2026 the tier 1 leverage ratio was 11.83% and the total risk-based capital ratio 15.85%. The median CET1 ratio of the size peers listed below was 14.15% at Q2 2026.

Held-to-maturity securities had an unrealized loss of $92.7 mn at Q2 2026, measured as fair value minus amortized cost, equal to 2.4% of bank equity capital. The loss narrowed by $16.5 mn from a year earlier. The largest unrealized loss on these securities was $209.8 mn at Q3 2023. Available-for-sale securities showed an unrealized loss of $71.0 mn at Q2 2026; the loss widened by $1.9 mn from a year earlier.

Return on equity was 9.05% for the year to Q2 2026, annualized, with a return on assets of 1.41% and a net interest margin of 3.98%. The margin was +0.50 pp from a year earlier. The efficiency ratio, noninterest expense as a share of revenue as the FDIC defines it, was 51.41%. Net income for the year to Q2 2026 was $175.9 mn, up 67.4% on the same period a year earlier. The median return on equity of its size peers was 11.43% for the same period.

Noncurrent loans, those 90 days or more past due or no longer accruing interest, were 0.56% of total loans at Q2 2026. Net charge-offs for the year to date were 0.06% of average loans, annualized.

1. 11 November 2016. Absorbed Bank of Cape Cod (FDIC certificate 58270).
2. 12 May 2017. Absorbed The Edgartown National Bank (FDIC certificate 2575).
3. 16 November 2018. Absorbed The Milford National Bank and Trust Company (FDIC certificate 2615).
4. 1 April 2019. Absorbed Blue Hills Bank (FDIC certificate 90160).
5. 12 November 2021. Absorbed East Boston Savings Bank (FDIC certificate 33510).
6. 1 July 2025. Absorbed Enterprise Bank and Trust Company (FDIC certificate 27408).

Large one-quarter moves

• Total assets 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 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.

Source: FDIC BankFind API, institution history. Moves of more than 25% in one quarter are checked against that history in our review.