Bank of New Hampshire
Laconia, New Hampshire · $2.80B in assets · beside the 11 other New England banks between $1B and $3B (the state alone holds too few in the band to rank)
The filing
Bank of New Hampshire runs the most efficient shop of the twelve New England banks between $1B and $3B, 58.0% against a median of 69.6%, and earns 0.98% on assets, fourth. Deposits grew 5.9% in the year to June 2026, fifth, and loans 3.6%. Loans are 93% of deposits.
Commercial real estate is 58.7% of the book, the highest in the cohort against a median of 41.0%. Noncurrent loans are 0.63%, seventh, with the allowance covering them 2.1 times; but 1.30% of the book is 30 to 89 days past due, the highest in the group against a median of 0.18%.
Equity is 12.1% of assets, fourth of twelve. An early-delinquency pipeline four times the cohort's, on the most CRE-weighted book in the group, is the thing an allowance conversation starts from.
SBA 7(a), FY2008 to FY2026
Bank of New Hampshire is the 14th largest 7(a) lender into New Hampshire of 177, with $36M across 393 loans, 2.0% of everything approved in the state (TD Bank, National Association leads with $151M). 6 of its 11 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.
| County | Approved | Rank | Share | Trend |
|---|---|---|---|---|
| Belknap, NH | $10M | 3rd of 50 | 11.6% | -0.9 pts |
| Merrimack, NH | $8M | 7th of 62 | 4.4% | quiet FY2021 |
| Hillsborough, NH | $5M | 28th of 117 | 0.9% | -0.0 pts |
| Grafton, NH | $4M | 10th of 56 | 3.2% | -1.3 pts |
| Rockingham, NH | $4M | 35th of 108 | 0.6% | +0.4 pts |
| Carroll, NH | $2M | 8th of 47 | 3.1% | -2.4 pts |
| Strafford, NH | $2M | 23rd of 57 | 1.2% | quiet FY2022 |
| Coos, NH | $758K | 12th of 31 | 1.5% | quiet FY2021 |
| Sullivan, NH | $469K | 12th of 25 | 1.5% | quiet FY2011 |
| Cheshire, NH | $260K | 28th of 41 | 0.3% | quiet FY2014 |
| Caledonia, VT | $57K | 19th of 24 | 0.2% | quiet FY2017 |
| Industry | Loans | Approved | Share of book | Share of sector | Rank |
|---|---|---|---|---|---|
| Retail trade | 54 | $9M | 25.0% | 0.01% | 517th of 2,589 |
| Construction | 73 | $7M | 18.2% | 0.02% | 477th of 2,063 |
| Accommodation & food services | 43 | $5M | 12.5% | 0.01% | 860th of 2,596 |
| Manufacturing | 32 | $3M | 8.8% | 0.01% | 878th of 2,246 |
| Administrative & waste services | 36 | $3M | 7.5% | 0.02% | 471st of 1,763 |
Commercial real estate against capital
| Bank of New Hampshire | Rank | Cohort median | |
|---|---|---|---|
| Total CRE against capital, the 300% screen | 354% | 10th of 12 | 284% |
| Construction against capital, the 100% screen | 41% | 7th of 12 | 40% |
| Construction and land development, share of loans | 6.8% | 8th of 12 | 6.2% |
| Non-owner-occupied nonfarm nonresidential, share of loans | 42.1% | 12th of 12 | 23.2% |
| Total CRE, the guidance definition, share of loans | 58.7% | 12th of 12 | 41.0% |
| CRE growth over 36 months, the third prong | +20.8% | 6th of 12 | +27.2% |
Among its peers
| Institution | Assets | ROA | Efficiency | NPA / loans | Net charge-offs | Allowance / loans | Loans / deposits | Equity / assets |
|---|---|---|---|---|---|---|---|---|
 Maine Community Bank | $2.98B | 1.2% | 64.6% | 0.46% | 0.17% | 0.6% | 107.6% | 9.4% |
 Baycoast Bank | $2.86B | 0.5% | 84.8% | 1.45% | 0.12% | 1.2% | 91.7% | 9.0% |
 Bank of New Hampshire | $2.80B | 1.0% | 58.0% | 0.63% | 0.00% | 1.3% | 93.0% | 12.1% |
 Ion Bank | $2.78B | 0.9% | 74.3% | 1.49% | 0.13% | 1.1% | 88.3% | 12.3% |
 Avidia Bank | $2.77B | 1.0% | 65.3% | 0.75% | -0.03% | 1.1% | 101.2% | 12.2% |
 Westfield Bank | $2.73B | 0.7% | 68.2% | 0.35% | 0.17% | 0.9% | 91.3% | 9.3% |
 Machias Savings Bank | $2.67B | 1.0% | 67.0% | 0.40% | 0.04% | 0.9% | 99.1% | 11.5% |
 Dedham Institution for Savings | $2.60B | 0.9% | 73.2% | 1.15% | 0.00% | 0.7% | 98.9% | 11.2% |
 Cornerstone Bank | $2.57B | 0.6% | 83.5% | 0.35% | 0.04% | 0.4% | 99.8% | 8.8% |
 South Shore Bank | $2.52B | 0.7% | 69.1% | 0.24% | 0.00% | 0.9% | 76.8% | 9.6% |
 First County Bank | $2.42B | 0.5% | 80.5% | 0.24% | 0.03% | 0.9% | 99.7% | 7.9% |
 Country Bank for Savings | $2.24B | 0.8% | 70.0% | 1.14% | 0.00% | 1.0% | 101.6% | 14.2% |
| Bank of New Hampshire | Cohort median | |||||
|---|---|---|---|---|---|---|
| 2021 | 2026 | Change | 2021 | 2026 | Change | |
| Loans | $1.57B | $2.23B | +42% | $1.34B | $2.11B | +58% |
| Deposits | $1.85B | $2.40B | +30% | $1.66B | $2.25B | +36% |
| NPA / loans | 0.28% | 0.63% | +0.35 pts | 0.38% | 0.55% | +0.17 pts |
| Efficiency | 65.3% | 58.0% | -7.3 pts | 69.6% | 69.5% | -0.0 pts |
| ROA | 1.12% | 0.98% | -0.14 pts | 0.93% | 0.84% | -0.09 pts |
This read was prepared for Bank of New Hampshire's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.
The full pack on Bank of New Hampshire is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.
Ask for the packPrepared 6 September 2026
Filing 30 June 2026
Cohort New England banks $1B to $3B
Institution www.BNH.bank
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