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Q2 2026 · read from the 30 June 2026 Call Report · United States · New England · Connecticut, the state note

Liberty Bank

Middletown, Connecticut · $9.38B in assets · beside the 11 other New England banks between $3B and $10B (the state alone holds too few in the band to rank)

The filing

13.1%
Equity / assets
2nd of 12
45.9%
CRE / loans
11th of 12
75.7%
Efficiency
10th of 12

Liberty Bank is the largest of the 12 New England banks nearest its size between $3B and $10B, with $9.38B in assets at 30 June 2026. Loans are 103.0% of deposits, 8th of 12 against a median of 102.7%, and equity is 13.1% of assets, 2nd of 12. Loans grew +13.4% in the year, 3rd of 12, and deposits grew 5.0%; the cohort's median loan growth is +4.9%.

Noncurrent loans are 0.32% of the book, 4th of 12 against a median of 0.39%; 0.07% is 30 to 89 days past due, and the allowance covers them 3.6 times. Net charge-offs are 0.17% of loans, 10th of 12. Commercial real estate is 45.9% of loans, 11th of 12 against a median of 38.3%, and 256% of capital, below the 300% screen, with construction at 38% against the 100% screen.

Return on assets is 1.28%, 3rd of 12 against a median of 0.93%, on an efficiency ratio of 75.7%, 10th of 12. Five years ago it was 1.06%. The question is which of these lines moves first over the next four quarters, and against which peer.

Commercial real estate, share of loansNew England banks $3B to $10B · 30 June 2026 · lower is stronger, listed first
median 38.3% CC Cape Cod Five Cents Savings Bank 11.2% IS Institution Savings Newburyport & 21.1% BS Bangor Savings Bank 29.8% LB Leader Bank National Association 32.3% CN Camden National Bank 34.5% SF Salem Five Cents Savings Bank 36.2% WT Washington Trust Co. of Westerly 40.4% NB Needham Bank 40.5% MS Middlesex Savings Bank 44.4% CS Cambridge Savings Bank 45.0% LB Liberty Bank 45.9% NB Northeast Bank 66.7%
Loans, year over yearNew England banks $3B to $10B · 30 June 2026 · no better direction, largest first
median +4.9% NB Needham Bank +42.8% NB Northeast Bank +21.2% LB Liberty Bank +13.4% LB Leader Bank National Association +10.2% SF Salem Five Cents Savings Bank +6.7% MS Middlesex Savings Bank +6.4% BS Bangor Savings Bank +3.4% IS Institution Savings Newburyport & +2.6% CN Camden National Bank +1.3% CS Cambridge Savings Bank +0.9% WT Washington Trust Co. of Westerly -0.8% CC Cape Cod Five Cents Savings Bank -5.1%

SBA 7(a), FY2008 to FY2026

Liberty Bank is the 10th largest 7(a) lender into Connecticut of 230, with $109M across 734 loans, 2.7% of everything approved in the state (Webster Bank National Association leads with $446M). 5 of its 21 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in Connecticut, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
Hartford, CT$23M5th of 1014.2%+1.2 pts
Capitol, CT$18M10th of 1013.4%-2.3 pts
Naugatuck Vly, CT$17M2nd of 708.2%-9.1 pts
Middlesex, CT$14M1st of 4613.0%quiet FY2022
New Haven, CT$11M11th of 1002.3%-1.8 pts
South Central Ct, CT$6M14th of 701.8%+1.3 pts
Lower Ct River Vly, CT$6M5th of 415.7%-4.5 pts
Collier, FL$4M39th of 1360.7%thin
New London, CT$3M16th of 612.3%+6.1 pts
Greater Bridgeport, CT$3M15th of 552.1%+0.7 pts
Hampden, MA$3M22nd of 831.1%-1.9 pts
Franklin, MA$3M6th of 345.3%thin
Fairfield, CT$2M40th of 940.4%+2.0 pts
8 smaller markets not shown.
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Retail trade82$18M15.4%0.03%329th of 2,589
Manufacturing56$15M12.4%0.04%359th of 2,246
Construction129$14M11.4%0.04%306th of 2,063
Accommodation & food services100$13M11.1%0.02%496th of 2,596
Other services75$12M10.1%0.03%323rd of 2,248
7(a) lenders into Connecticut, share of approvals since FY2008230 lenders on record; the ten largest and Liberty Bank
WB Webster Bank National Association 11.1% $446M · 1,608 loans Ma Manufacturers and Traders Trust C… 7.9% $315M · 2,046 loans LO Live Oak Banking Company 7.7% $307M · 252 loans NS Newtek Small Business Finance, In… 5.7% $227M · 276 loans KN KeyBank National Association 4.3% $173M · 570 loans TB TD Bank, National Association 4.3% $173M · 1,038 loans BB Beacon Bank and Trust 3.6% $146M · 418 loans CB Celtic Bank Corporation 3.4% $134M · 178 loans WF Wells Fargo Bank National Associa… 3.1% $126M · 350 loans LB Liberty Bank 2.7% $109M · 734 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; owner-occupied excluded; bold marks a screen met
Liberty BankRankCohort median
Total CRE against capital, the 300% screen256%7th of 12253%
Construction against capital, the 100% screen38%10th of 1226%
Construction and land development, share of loans6.8%9th of 123.8%
Non-owner-occupied nonfarm nonresidential, share of loans18.8%5th of 1221.5%
Total CRE, the guidance definition, share of loans45.9%11th of 1238.3%
CRE growth over 36 months, the third prong+23.1%6th of 12+23.5%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
Liberty Bank$9.38B1.3%75.7%0.32%0.17%1.2%103.0%13.1%
Salem Five Cents Savings Bank$8.82B1.0%56.7%0.36%0.00%1.2%113.0%11.5%
Bangor Savings Bank$7.74B0.4%83.0%0.47%0.02%0.8%91.6%7.0%
Needham Bank$7.42B1.0%59.3%0.43%0.45%1.3%102.6%10.9%
Cambridge Savings Bank$6.98B0.4%75.9%1.26%0.09%1.0%108.8%10.2%
Camden National Bank$6.94B1.3%54.4%0.24%0.04%0.9%89.7%10.8%
Washington Trust Co. of Westerly$6.55B0.9%63.9%0.78%0.00%0.8%95.8%8.7%
Middlesex Savings Bank$6.15B0.7%68.2%0.33%0.01%0.9%73.2%13.1%
Cape Cod Five Cents Savings Bank$5.62B0.7%71.8%0.47%0.02%0.5%95.7%10.6%
Institution Savings Newburyport &$5.56B1.1%74.0%0.04%0.00%0.3%126.5%12.5%
Leader Bank National Association$5.28B0.9%63.4%0.03%0.00%1.0%102.9%10.5%
Northeast Bank$5.23B2.5%35.7%0.55%0.23%1.3%123.0%11.6%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
Liberty BankCohort median
20212026Change20212026Change
Loans$4.21B$7.34B+74%$3.39B$5.08B+50%
Deposits$5.90B$7.12B+21%$4.35B$5.36B+23%
NPA / loans0.42%0.32%-0.09 pts0.40%0.39%-0.01 pts
Efficiency73.4%75.7%+2.3 pts59.8%66.0%+6.3 pts
ROA1.06%1.28%+0.22 pts1.26%0.93%-0.33 pts

This read was prepared for Liberty Bank'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 Liberty Bank is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort New England banks $3B to $10B
Institution www.liberty-bank.com

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by New England and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
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