The catalogue › United States › New England

The regional note · prepared 8 September 2026

New England

175 banks and 273 credit unions read from their latest filings, every state in New England ranked against the others and the largest institutions against each other.

Small-business lending ↓

The states Connecticut · Maine · Massachusetts · New Hampshire · Rhode Island · Vermont

Banks

175 banks filing across 6 states · read from the 30 June 2026 Call Report

175

banks filing

$1.09T in assets

+10.2%

Loans, year over year

on the banks filing at both dates

27.6%

CRE / loans

in aggregate

61%

Loans / deposits

in aggregate

0.86%

Noncurrent / loans

+1 bps on a year earlier

9.8%

Equity / assets

in aggregate

New England's 175 banks hold $1.09T in assets at 30 June 2026, across 6 states. State Street Bank & Trust Co. is the largest at $413B, and the five largest hold 72% of the total; 84 institutions are above $1B, holding $1.02T. Massachusetts holds the most, $637B.

Loans grew +10.2% in the year on the banks filing at both dates, fastest in Massachusetts at +16.1% and slowest in New Hampshire at +4.1%. Noncurrent loans are 0.86% of the book, up 1 basis points on a year earlier; the rate rose in 3 states and fell in 3, rising most in New Hampshire (+25 bps) and highest outright in Rhode Island at 1.34%.

By category, 1-4 family residential loans went late the most, the noncurrent rate +16 bps to 0.91%, then nonfarm nonresidential (+8 bps to 1.43%); construction & land improved the most, -25 bps. Commercial real estate is 27.6% of loans in aggregate, heaviest in Maine at 38.2%; the banks lend 61% of their deposits, and equity is 9.8% of assets.

The largest banks, by size

the twenty largest in each band headquartered in New England; each has its own read in the catalogue

Under $1B: the 20 largest of 81banks headquartered in New England, 30 June 2026; navy, the stronger half of each column; amber, the weaker; a name links to the bank's own read

	Bank	State	Assets	Loans YoY	CRE / loans	Loans / deposits	Noncurrent	ROA	Equity / assets
1	Coastal Heritage Bank	MA	$984M	-3.3%	25.9%	96%	0.60%	0.38%	11.0%
2	Winchester Coop Bank	MA	$947M	+6.8%	12.3%	90%	0.43%	0.61%	11.6%
3	Passumpsic Savings Bank	VT	$934M	+3.2%	6.7%	87%	0.71%	1.34%	13.6%
4	Franklin Savings Bank	NH	$931M	+5.4%	45.4%	94%	0.50%	1.09%	8.8%
5	Stonehambank A Coop Bank	MA	$918M	+4.8%	33.6%	93%	0.32%	0.49%	7.7%
6	DR Bank	CT	$913M	+23.5%	15.6%	100%	0.14%	2.50%	9.6%
7	Greenfield Coop Bank	MA	$902M	+7.9%	20.8%	70%	0.72%	0.56%	10.9%
8	Mechanics Coop Bank	MA	$899M	+7.0%	48.3%	110%	0.03%	1.24%	13.2%
9	Windsor Federal Bank	CT	$895M	+10.6%	26.5%	98%	0.99%	0.20%	8.9%
10	Savings Bank	MA	$891M	+6.0%	29.0%	84%	0.17%	0.43%	9.4%
11	Fieldpoint Private Bank & Trust	CT	$867M	-22.6%	28.1%	79%	1.93%	-0.29%	6.5%
12	Savings Bank of Walpole	NH	$858M	+6.6%	13.1%	82%	0.26%	0.84%	7.7%
13	Skowhegan Savings Bank	ME	$855M	-0.2%	18.6%	86%	0.42%	1.53%	14.5%
14	Rollstone Bank & Trust	MA	$816M	-12.9%	53.6%	85%	0.20%	0.07%	8.6%
15	First Bank of Greenwich	CT	$812M	+1.6%	42.1%	107%	1.30%	0.82%	9.3%
16	Monson Savings Bank	MA	$806M	+7.3%	36.1%	88%	0.23%	0.95%	9.4%
17	Franklin Savings Bank	ME	$787M	+5.1%	16.2%	112%	1.36%	1.00%	17.9%
18	Savers Coop Bank	MA	$783M	-0.5%	48.8%	109%	3.64%	0.67%	10.4%
19	Bank of Canton	MA	$783M	+2.6%	43.2%	81%	0.90%	0.50%	14.6%
20	Primary Bank	NH	$770M	+8.4%	48.7%	104%	1.48%	1.75%	15.8%

$1B to $3B: the 20 largest of 63banks headquartered in New England, 30 June 2026; navy, the stronger half of each column; amber, the weaker; a name links to the bank's own read

	Bank	State	Assets	Loans YoY	CRE / loans	Loans / deposits	Noncurrent	ROA	Equity / assets
1	Maine Community Bank	ME	$2.98B	+8.6%	46.3%	108%	0.46%	1.15%	9.4%
2	Baycoast Bank	MA	$2.86B	-4.4%	35.2%	92%	1.45%	0.51%	9.0%
3	Bank of New Hampshire	NH	$2.80B	+3.6%	58.7%	93%	0.63%	0.98%	12.1%
4	Ion Bank	CT	$2.78B	-1.0%	42.0%	88%	1.49%	0.93%	12.3%
5	Avidia Bank	MA	$2.77B	+0.5%	22.1%	101%	0.75%	0.99%	12.2%
6	Westfield Bank	MA	$2.73B	+4.8%	39.9%	91%	0.35%	0.73%	9.3%
7	Machias Savings Bank	ME	$2.67B	+1.7%	38.8%	99%	0.40%	0.98%	11.5%
8	Dedham Institution for Savings	MA	$2.60B	+2.5%	38.7%	99%	1.15%	0.87%	11.2%
9	Cornerstone Bank	MA	$2.57B	+38.0%	30.9%	100%	0.35%	0.59%	8.8%
10	South Shore Bank	MA	$2.52B	+7.7%	44.4%	77%	0.24%	0.71%	9.6%
11	First County Bank	CT	$2.42B	+12.9%	45.8%	100%	0.24%	0.47%	7.9%
12	Country Bank for Savings	MA	$2.24B	+4.6%	54.9%	102%	1.14%	0.80%	14.2%
13	Kennebunk Savings Bank	ME	$2.17B	+15.3%	52.7%	107%	0.10%	0.87%	8.8%
14	Norway Savings Bank	ME	$2.16B	+10.9%	34.5%	104%	0.29%	1.24%	12.5%
15	Village Bank	MA	$2.07B	+3.4%	28.0%	95%	0.23%	0.48%	8.5%
16	Bankesb	MA	$2.02B	-6.2%	38.0%	91%	1.67%	0.52%	9.7%
17	Florence Bank	MA	$2.01B	+6.6%	31.4%	71%	0.46%	0.71%	10.7%
18	Thomaston Savings Bank	CT	$1.93B	+7.1%	36.3%	85%	0.65%	1.05%	9.4%
19	Fairfield County Bank	CT	$1.92B	+8.3%	40.3%	102%	0.05%	0.68%	12.9%
20	Lowell Five Cent Savings Bank	MA	$1.90B	+9.0%	58.1%	90%	1.03%	0.75%	12.3%

$3B to $10B: the 20 largest of 25banks headquartered in New England, 30 June 2026; navy, the stronger half of each column; amber, the weaker; a name links to the bank's own read

	Bank	State	Assets	Loans YoY	CRE / loans	Loans / deposits	Noncurrent	ROA	Equity / assets
1	Liberty Bank	CT	$9.38B	+13.4%	45.9%	103%	0.32%	1.28%	13.1%
2	Salem Five Cents Savings Bank	MA	$8.82B	+6.7%	36.2%	113%	0.36%	0.96%	11.5%
3	Bangor Savings Bank	ME	$7.74B	+3.4%	29.8%	92%	0.47%	0.36%	7.0%
4	Needham Bank	MA	$7.42B	+42.8%	40.5%	103%	0.43%	1.01%	10.9%
5	Cambridge Savings Bank	MA	$6.98B	+0.9%	45.0%	109%	1.26%	0.36%	10.2%
6	Camden National Bank	ME	$6.94B	+1.3%	34.5%	90%	0.24%	1.34%	10.8%
7	Washington Trust Co. of Westerly	RI	$6.55B	-0.8%	40.4%	96%	0.78%	0.90%	8.7%
8	Middlesex Savings Bank	MA	$6.15B	+6.4%	44.4%	73%	0.33%	0.72%	13.1%
9	Cape Cod Five Cents Savings Bank	MA	$5.62B	-5.1%	11.2%	96%	0.47%	0.75%	10.6%
10	Institution Savings Newburyport &	MA	$5.56B	+2.6%	21.1%	126%	0.04%	1.05%	12.5%
11	Leader Bank National Association	MA	$5.28B	+10.2%	32.3%	103%	0.03%	0.85%	10.5%
12	Northeast Bank	ME	$5.23B	+21.2%	66.7%	123%	0.55%	2.53%	11.6%
13	Bar Harbor Bank & Trust	ME	$4.73B	+14.9%	47.1%	94%	0.32%	1.42%	12.6%
14	Peoplesbank	MA	$4.62B	+3.1%	34.8%	100%	0.57%	0.42%	8.9%
15	Hingham Institution for Savings	MA	$4.56B	-0.7%	71.6%	150%	0.78%	1.25%	11.1%
16	Bankwell Bank	CT	$3.47B	+10.9%	42.9%	97%	0.54%	1.61%	10.2%
17	Northern Bank & Trust Co.	MA	$3.38B	+3.8%	32.3%	103%	2.07%	1.89%	14.1%
18	Trunorth Bank	MA	$3.32B	+7.5%	39.4%	93%	0.58%	1.04%	14.7%
19	Union Savings Bank	CT	$3.30B	+7.6%	54.6%	94%	0.29%	0.79%	9.9%
20	Bristol County Savings Bank	MA	$3.26B	+8.9%	30.2%	104%	0.60%	0.62%	14.4%

Over $20B: the 6 largest of 6banks headquartered in New England, 30 June 2026; navy, the stronger half of each column; amber, the weaker; a name links to the bank's own read

	Bank	State	Assets	Loans YoY	CRE / loans	Loans / deposits	Noncurrent	ROA	Equity / assets
1	State Street Bank & Trust Co.	MA	$412.62B	+10.3%	4.4%	16%	0.56%	1.04%	7.1%
2	Citizens Bank National Association	RI	$232.52B	+5.5%	15.4%	79%	1.36%	0.99%	11.4%
3	Webster Bank National Association	CT	$85.90B	+7.3%	34.8%	82%	0.76%	1.21%	11.4%
4	Eastern Bank	MA	$31.13B	+27.3%	35.6%	89%	0.47%	1.12%	13.0%
5	Rockland Trust Co.	MA	$24.97B	+26.6%	44.4%	90%	0.56%	1.43%	15.6%
6	Beacon Bank & Trust	MA	$22.20B	+229.1%	43.8%	96%	0.90%	1.07%	11.4%

Noncurrent loans, share of loans, by stateevery bank in the state summed, 30 June 2026; 90 days or more past due and still accruing, plus nonaccrual, over loans; darker is higher

Rhode Island carries the highest rate at 1.34%, 95% of it one institution, Citizens Bank National Association at 1.4% of its own book, then Connecticut at 0.71%; Maine the lowest at 0.42%. New England in aggregate sits at 0.86%.

Where noncurrent loans rose, and where they fellthe change in the rate on 30 June 2025, in basis points; amber rose, navy fell

The rate rose in 3 of 6 states and fell in 3. It rose most in New Hampshire (+25 bps) and Massachusetts (+11 bps), and fell most in Connecticut (-20 bps).

Where borrowers are going late, by loan categorythe noncurrent rate on each category a year ago and now, every bank in New England summed; the widest rise first; from Schedule RC-N as FDIC serves it; a small category moves on a few loans

1-4 family residential loans deteriorated the most, +16 bps to 0.91% noncurrent (69% of the category's noncurrent balance is one institution, Citizens Bank National Association, at 1.9% of its own 1-4 family residential book); nonfarm nonresidential +8 bps to 1.43%. 4 of the 11 categories improved. The highest rate outright among the categories that matter to the book is nonfarm nonresidential at 1.43%.

The delinquency ladder by categoryeach category's balance and the share of it 30 to 89 days past due, 90 days or more and still accruing, and on nonaccrual; noncurrent is the last two together, with its change on a year earlier

Category	Balance	30 to 89	90+	Nonaccrual	Noncurrent	YoY
Construction & land	$21.5B	0.60%	0.01%	1.07%	1.08%	-25 bps
Multifamily	$45.4B	0.23%	0.00%	0.61%	0.62%	+0 bps
Nonfarm nonresidential	$112B	0.27%	0.01%	1.42%	1.43%	+8 bps
1-4 family residential	$177B	0.33%	0.34%	0.57%	0.91%	+16 bps
Home equity lines	$33.8B	0.53%	0.01%	1.14%	1.15%	+1 bps
Commercial & industrial	$66.2B	0.16%	0.02%	1.07%	1.08%	-15 bps
Consumer	$18.2B	0.98%	0.02%	0.53%	0.55%	-5 bps
Credit card	$2.0B	1.14%	0.00%	1.04%	1.04%	-26 bps
Auto	$2.3B	2.77%	0.00%	1.00%	1.00%	+14 bps
Agricultural production	$246M	0.00%	0.00%	0.00%	0.00%	+0 bps
Farmland	$174M	0.00%	0.00%	1.56%	1.56%	+117 bps
All loans and leases	$535B	0.26%	0.12%	0.74%	0.86%	+1 bps

The noncurrent rate by category since 2008each category's noncurrent share of its own balance, quarterly, every bank in New England summed; bold, the category rising most this year

1-4 family residential peaked at 3.0% in 2013 and stands at 0.91% now, 31% of that peak. The scale of the last cycle is the point of the chart: every category's rate today sits against where it went then.

Loans, year over year, by state30 June 2026 against a year earlier on the banks filing at both dates; no better direction

Massachusetts grew fastest at +16.1%; 5 states grew faster than 5% and 0 shrank, New Hampshire the most at +4.1%.

Commercial real estate, share of loans, by stateconstruction, multifamily and non-owner-occupied nonresidential over loans, every bank in the state summed, 30 June 2026

Maine is the most CRE-weighted at 38.2% of loans, then New Hampshire at 37.4%; 3 states sit above 30%, against 27.6% in aggregate.

Early delinquency: 30 to 89 days past due, by stateloans 30 to 89 days past due and still accruing, over loans, every bank in the state summed, 30 June 2026; the leading edge of the ladder

New Hampshire has the most loans in the early bucket at 0.44%; the aggregate is 0.26%. Loans here are a quarter or two ahead of the noncurrent figure above, which is why the two maps are read together.

What New England' banks lendthe loan book of every bank summed by category as filed, 30 June 2026

1-4 family residential, closed-end is the largest category at 26.7% of $535B in loans, then Other loans and leases (nondepository financials, foreign, leases) at 15.9% and Nonfarm nonresidential, non-owner-occupied at 15.1%.

Who holds New England' bank assetseach institution's share of the $1.09T the region's 175 hold; the largest first, amber in the catalogue

State Street Bank & Trust Co. holds 37.9% of the total; the five largest hold 72%, and 84 of the 175 are above $1B.

How concentrated that iscumulative share of assets against the share of institutions, largest first; the Gini from the drawn curve

72% of the assets sit in 2.9% of the institutions. A Gini near zero would mean equal shares; one would mean a single holder.

The consolidation: banks filing since 2008the count of banks filing each quarter from New England; assets at the ends in the read

320 banks filed in 2008 Q1 holding $599B; 175 file now holding $1.09T. 45% fewer charters hold 82% more in assets.

Noncurrent loans since 2008every bank in New England summed, quarterly

The rate peaked at 2.64% in 2010 and stands at 0.86%, 33% of that peak.

Loans, year over year: banks over $1B30 June 2026 against a year earlier; the fastest fifteen; excluding card, consumer, mortgage, trust and industrial charters · the 15 highest of 84 · amber, in the catalogue

Beacon Bank & Trust (Massachusetts) grew fastest at +229.1%; the median among banks over $1B is +4.7%. A jump this size is usually an acquisition or a charter's first full year, both visible in the institution's own filing.

Commercial real estate, share of loans: banks over $1B30 June 2026; construction, multifamily and non-owner-occupied nonresidential; the fifteen heaviest; excluding card, consumer, mortgage, trust and industrial charters · the 15 highest of 84 · amber, in the catalogue

Bank of New England (New Hampshire) is the most CRE-weighted at 86.5% of loans; 12 of the 84 are above half the book.

Nonperforming loans, share of loans: banks over $1B30 June 2026; the fifteen highest, as each filed; excluding card, consumer, mortgage, trust and industrial charters · the 15 highest of 84 · amber, in the catalogue

Mutualone Bank (Massachusetts) carries the highest rate at 5.92%; 5 of the 84 are above 2%, and the median is 0.55%. A rate is a filed fact, not a finding; the allowance beside it and the trend behind it are on the institution's own page where it is in the catalogue.

Loans to deposits: banks over $1B30 June 2026; the fifteen highest; excluding card, consumer, mortgage, trust and industrial charters · the 15 highest of 84 · amber, in the catalogue

38 of the 84 lend more than they hold in deposits, Hingham Institution for Savings (Massachusetts) the furthest at 150%; the median is 99%.

Return on assets: banks over $1B30 June 2026; the fifteen highest; excluding card, consumer, mortgage, trust and industrial charters · the 15 highest of 84 · amber, in the catalogue

Northeast Bank (Maine) earns the most at 2.53%; 14 of the 84 earn under 0.50%, and the median is 0.81%.

Every state, 30 June 2026largest first; navy, the stronger half of each column; amber, the weaker; darker at the ends; growth on the institutions filing at both dates

State	Banks	Assets	Loans YoY	CRE / loans	Loans / deposits	Noncurrent	YoY	30 to 89 days	ROA, median	Equity / assets
Massachusetts	91	$637B	+16.1%	29.5%	44%	0.67%	+11 bps	0.25%	0.61%	8.8%
Rhode Island	5	$246B	+5.3%	17.1%	80%	1.34%	-1 bps	0.30%	0.90%	11.3%
Connecticut	28	$130B	+7.9%	35.7%	87%	0.71%	-20 bps	0.19%	0.82%	11.5%
Maine	22	$49.0B	+7.1%	38.2%	99%	0.42%	-6 bps	0.26%	0.93%	10.5%
New Hampshire	17	$16.8B	+4.1%	37.4%	96%	0.63%	+25 bps	0.44%	0.56%	11.2%
Vermont	12	$8.9B	+6.2%	28.1%	90%	0.69%	+0 bps	0.39%	0.81%	9.7%

Five years, 2021 to 2026the 173 institutions filing at both dates; dollars as growth, ratios in points

	2021	2026	Change
Loans, in total	$347B	$534B	+54%
Deposits, in total	$658B	$871B	+33%
NPA / loans, median	0.44%	0.47%	+0.02 pts
Efficiency, median	73.0%	73.9%	+0.9 pts
ROA, median	0.83%	0.71%	-0.12 pts

Credit unions

273 credit unions filing across 6 states · read from the 31 March 2026 NCUA 5300

273

credit unions filing

$106B in assets

+4.9%

Loans, year over year

on the credit unions filing at both dates

9.2%

Member business loans / loans

in aggregate

86%

Loans / shares

in aggregate

0.70%

Delinquent / loans

+9 bps on a year earlier

10.9%

Net worth / assets

in aggregate

New England's 273 credit unions hold $106B in assets at 31 March 2026, across 6 states. Service is the largest at $6.6B, and the five largest hold 20% of the total; 26 institutions are above $1B, holding $58.8B. Massachusetts holds the most, $44.1B.

Loans grew +4.9% in the year on the credit unions filing at both dates, fastest in Vermont at +9.5% and slowest in Rhode Island at +2.9%. Delinquent loans are 0.70% of the book, up 9 basis points on a year earlier; the rate rose in 5 states and fell in 1, rising most in New Hampshire (+79 bps) and highest outright in New Hampshire at 1.47%.

Member business loans are 9.2% of the book in aggregate, heaviest in Vermont at 11.7%. The credit unions lend 86% of their shares, and net worth is 10.9% of assets.

Delinquent loans, share of loans, by stateevery credit union in the state summed, 31 March 2026; loans 60 days or more past due, over loans; darker is higher

New Hampshire carries the highest rate at 1.47%, 89% of it one institution, Service at 2.7% of its own book, then Vermont at 0.71%; Rhode Island the lowest at 0.33%. New England in aggregate sits at 0.70%.

Where delinquency rose, and where it fellthe change in the rate on 31 March 2025, in basis points; amber rose, navy fell

The rate rose in 5 of 6 states and fell in 1. It rose most in New Hampshire (+79 bps) and Vermont (+14 bps), and fell most in Massachusetts (-8 bps).

Loans, year over year, by state31 March 2026 against a year earlier on the credit unions filing at both dates; no better direction

Vermont grew fastest at +9.5%; 3 states grew faster than 5% and 0 shrank, Rhode Island the most at +2.9%.

Member business loans, share of loans, by stateevery credit union in the state summed, 31 March 2026

Vermont carries the most commercial lending at 11.7% of loans; the aggregate is 9.2%.

Who holds New England' credit union assetseach institution's share of the $106B the region's 273 hold; the largest first, amber in the catalogue

Service holds 6.3% of the total; the five largest hold 20%, and 26 of the 273 are above $1B.

How concentrated that iscumulative share of assets against the share of institutions, largest first; the Gini from the drawn curve

20% of the assets sit in 1.8% of the institutions. A Gini near zero would mean equal shares; one would mean a single holder.

The consolidation: credit unions filing since 2022the count of credit unions filing each quarter from New England; assets at the ends in the read

333 credit unions filed in 2022 Q1 holding $104B; 273 file now holding $106B. 18% fewer charters hold 2% more in assets.

Delinquency since 2022every credit union in New England summed, quarterly

The rate peaked at 0.88% in 2025 and stands at 0.70%, 80% of that peak.

Loans, year over year: credit unions over $1B31 March 2026 against a year earlier; the fastest fifteen · the 15 highest of 26 · amber, in the catalogue

Workers (Massachusetts) grew fastest at +16.1%; the median among credit unions over $1B is +5.9%. A jump this size is usually an acquisition or a charter's first full year, both visible in the institution's own filing.

Member business loans, share of loans: credit unions over $1B31 March 2026; the fifteen heaviest · the 15 highest of 26 · amber, in the catalogue

Webster First (Massachusetts) carries the most commercial lending at 32.8% of loans.

Delinquent loans, share of loans: credit unions over $1B31 March 2026; the fifteen highest, as each filed · the 15 highest of 26 · amber, in the catalogue

Service (New Hampshire) carries the highest rate at 2.68%; 1 of the 26 are above 2%, and the median is 0.35%. A rate is a filed fact, not a finding; the allowance beside it and the trend behind it are on the institution's own page where it is in the catalogue.

Loans to shares: credit unions over $1B31 March 2026; the fifteen highest · the 15 highest of 26 · amber, in the catalogue

6 of the 26 lend more than they hold in shares, Webster First (Massachusetts) the furthest at 124%; the median is 92%.

Return on assets: credit unions over $1B31 March 2026; the fifteen highest · the 15 highest of 26 · amber, in the catalogue

Webster First (Massachusetts) earns the most at 1.72%; 11 of the 26 earn under 0.50%, and the median is 0.54%.

Every state, 31 March 2026largest first; navy, the stronger half of each column; amber, the weaker; darker at the ends; growth on the institutions filing at both dates

State	Filers	Assets	Loans YoY	MBL / loans	Loans / shares	Delinquent	YoY	ROA, median	Net worth
Massachusetts	122	$44.1B	+3.4%	10.4%	90%	0.60%	-8 bps	0.55%	11.2%
Connecticut	64	$15.8B	+7.5%	4.0%	63%	0.51%	+0 bps	0.64%	10.6%
New Hampshire	12	$14.0B	+7.1%	10.7%	91%	1.47%	+79 bps	0.93%	10.9%
Maine	48	$13.4B	+4.6%	6.5%	78%	0.70%	+11 bps	0.75%	10.5%
Rhode Island	14	$11.0B	+2.9%	9.4%	100%	0.33%	+0 bps	0.43%	10.2%
Vermont	13	$7.3B	+9.5%	11.7%	93%	0.71%	+14 bps	0.35%	11.4%

Small-business lending

SBA 7(a) approvals into New England since FY2008, across every lender type

$15.5B of 7(a) credit has been approved into New England since FY2008 across 69,065 loans. Retail trade is the largest category at 13.5%, Accommodation & food services at 13.1%, Manufacturing at 10.6%; the three together are 37% of the money. The heaviest losses fall in Arts, entertainment & recreation, at 2.88% of approvals charged off.

7(a) lenders in New England, share of approvalssince FY2008, 456 lenders on record; SBA 7(a) release as of the 2026 file; loans credited to the institution holding them today; amber, in the catalogue

What New England' 7(a) money financeseach industry's share of approvals since FY2008, the twelve largest

The industries, with what defaultsapprovals, loans and charged-off dollars by industry since FY2008; a loss rate is charged-off over approved dollars, on settled and unsettled cohorts alike

Industry	Approved	Loans	Share	Charged off	Loss rate
Retail trade	$2.1B	9,195	13.5%	$50M	2.39%
Accommodation & food services	$2.0B	7,771	13.1%	$49M	2.43%
Manufacturing	$1.6B	5,493	10.6%	$37M	2.26%
Construction	$1.5B	9,813	10.0%	$40M	2.56%
Health care & social assistance	$1.5B	5,401	9.9%	$15M	0.97%
Professional & technical services	$1.4B	7,398	9.3%	$26M	1.79%
Other services	$1.2B	6,556	7.6%	$26M	2.19%
Wholesale trade	$855M	2,613	5.5%	$20M	2.35%
Administrative & waste services	$747M	4,764	4.8%	$10M	1.40%
Arts, entertainment & recreation	$632M	1,980	4.1%	$18M	2.88%
Real estate & leasing	$471M	1,591	3.0%	$4M	0.93%
Transportation & warehousing	$430M	2,618	2.8%	$11M	2.53%

The largest state marketsapprovals since FY2008 and how many lenders have written there

State	Approved	Loans	Lenders
Massachusetts	$6.4B	31,984	309
Connecticut	$4.0B	12,412	230
New Hampshire	$1.8B	9,185	177
Rhode Island	$1.3B	5,430	135
Maine	$1.2B	6,132	130
Vermont	$731M	3,923	110

The other regions Great Lakes · Mid-Atlantic · Mountain West · Pacific · Plains · South Central · Southeast · Southwest

Each institution in the catalogue has its own read, prepared for its board and management from the public record. The full pack on any New England institution, twenty sections from its own filing, is prepared on request.

Ask for a pack

Prepared 8 September 2026
Sources FFIEC Call Report and NCUA 5300 via the FDIC and NCUA; Schedule RC-N past-due detail via the FDIC; SBA 7(a) release
Cohort every institution filing in New England

Computed from each institution's own filing as published; aggregates are dollar-weighted sums across the filers, medians unweighted; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.

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