Northern Bank & Trust Company: Financial Reports & UBPR Data
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Data as of · sourced from FFIEC call reports. How we update
Northern Bank & Trust Company earns an unusually wide margin on its lending. Its balance sheet stood at $3.4 billion at June 30, 2026, up 5.0% from a year earlier; it is based in Woburn, Massachusetts. It keeps 4.92 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 3.71 cents). It also funds 14.55% of its assets with Tier 1 capital, higher than about 9 in 10 banks its size (median 10.52%).
Its $473 million non-owner-occupied commercial real estate book is now fully current, after 5.51% of it was past due or on nonaccrual a year earlier. Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 2.07% of loans, down from 2.50% a year earlier. Credit is the area to watch: it carries problem assets equal to 12.3% of the capital and reserves that would absorb them, 3.4 times the median of 3.6% for banks its size.
As of June 30, 2026, Northern Bank & Trust Company reported a CET1 capital ratio of 15.30%, a return on assets of 2.03%, a nonperforming-loan ratio of 2.07% and a Texas ratio of 12.29%, according to its call report filed with the FFIEC.
Headquarters Profile
- Address
- 275 Mishawum Rd, Woburn, MA 01801
- County
- Middlesex
- Metro Area
- Boston-Cambridge-Newton, MA-NH
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- No
- Federal Reserve district
- District 1, Boston
- Fiduciary (trust) powers
- Limited trust powers granted
- Call Report form
- FFIEC 051
- Established
- February 25, 1960
- Former names
- Woburn Bank and Trust Company (1976-1987)
- Offices
- 14 domestic
- Employees (FTE)
- 260
- Domestic deposits
- $2.82B
- Allowance for credit losses
- $64.0M
- Net charge-offs (YTD)
- $1.1M
- Average total assets
- $3.29B
- Average total loans
- $2.94B
- Average interest-bearing deposits
- $2.24B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- June 23, 1960
- FDIC Cert
- 18266
- Fed RSSD
- 900306
- SEC CIK
- 814237 → filed by NORTHERN BANCORP, INC.
- Website
- www.nbtc.com →
- Parent Holding Company
- NORTHERN BANCORP, INC. (RSSD 1246935)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row. ROA, ROE and net interest margin are the quarter's own income, annualized. The UBPR and FDIC annualize the year to date instead, so after the first quarter their figures differ from ours; where the UBPR has this quarter, its value is shown beside each as YTD. The UBPR's YTD ROA divides by the average of the quarterly average assets the bank reports on Schedule RC-K, while FDIC BankFind divides by the average of quarter-end total assets, so FDIC's ROA can differ from the YTD figure by a few hundredths of a point.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
Net income for the quarter alone. The Call Report reports it year to date; this series converts it to the single quarter, so each bar covers three months.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full Northern Bank & Trust Company terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock Northern Bank & Trust Company, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Northern Bank & Trust Company rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 15.30% | 2.03% | 2.07% | 12.29% | 4.92% |
| Q1 2026 | 15.15% | 1.79% | 2.09% | 12.62% | 4.94% |
| Q4 2025 | 15.37% | 1.32% | 3.07% | 17.53% | 5.11% |
| Q3 2025 | 15.79% | 1.66% | 3.19% | 17.67% | 4.87% |
| Q2 2025 | 16.02% | 2.02% | 2.50% | 12.98% | 4.81% |
| Q1 2025 | 15.92% | 1.64% | 2.43% | 13.70% | 5.56% |
| Q4 2024 | 15.20% | 1.44% | 2.20% | 14.77% | 4.29% |
| Q3 2024 | 15.08% | 1.36% | 1.26% | 10.61% | 4.62% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 14 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Northern Bank & Trust Company (main office) | Woburn , MA | 01801 | $1.80B |
| Woburn Branch | Woburn , MA | 01801 | $165.5M |
| Www.Northernbankdirect.Com Branch | Woburn , MA | 01801 | $161.8M |
| Billerica Branch | Billerica , MA | 01821 | $102.9M |
| Burlington Branch | Burlington , MA | 01803 | $95.5M |
| Chelmsford Branch | Chelmsford , MA | 01824 | $88.8M |
| Stoneham Branch | Stoneham , MA | 02180 | $84.1M |
| Reading Branch | Reading , MA | 01867 | $66.1M |
| Littleton Branch | Littleton , MA | 01460 | $65.5M |
| Westford Branch | Westford , MA | 01886 | $54.3M |
| Melrose Branch | Melrose , MA | 02176 | $50.6M |
| Sudbury Branch | Sudbury , MA | 01776 | $46.8M |
| Acton Branch | Acton , MA | 01720 | $41.9M |
| Www.Nbtc.Com Branch | Woburn , MA | 01801 | $4.0M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| September 14, 1991 | Structure Change | Acquired Comfed Savings Bank Federal Association Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 1 event.
Regulatory record
What the public regulatory sources show for Northern Bank & Trust Company, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- 1 against the institution (Federal Reserve); 2 against individuals associated with it
- February 15, 1996, Federal Reserve: Written Agreement: Northern Bancorp, Inc., Woburn, MA
- Period: Most recent institution action February 15, 1996. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.4% of deposits in MA, rank 19 of 120 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 276 applications, 216 loans originated, $172.2M originated, across 6 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 5 loans, $7.9M approved, $1.6M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about Northern Bank & Trust Company
What are Northern Bank & Trust Company's total assets?
As of the Q2 2026 filing, Northern Bank & Trust Company reported total assets of $3.38 billion in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Northern Bank & Trust Company headquartered?
Northern Bank & Trust Company is headquartered in Woburn, MA, United States. It files quarterly FFIEC call reports, as every FDIC-insured commercial bank must.
When was Northern Bank & Trust Company founded?
Northern Bank & Trust Company was established in 1960, per the FDIC institution directory.
Is Northern Bank & Trust Company FDIC-insured?
Yes. Northern Bank & Trust Company is an FDIC-insured commercial bank (FDIC Certificate #18266). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Northern Bank & Trust Company?
Northern Bank & Trust Company's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is Northern Bank & Trust Company's CET1 capital ratio?
Northern Bank & Trust Company reported a Common Equity Tier 1 (CET1) capital ratio of 15.30% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Northern Bank & Trust Company operate?
Northern Bank & Trust Company operates 14 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Northern Bank & Trust Company's Texas Ratio?
Northern Bank & Trust Company's Texas Ratio is 12.29% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
What was Northern Bank & Trust Company previously called?
The charter now named Northern Bank & Trust Company has also operated as Woburn Bank and Trust Company (1976-1987), per FDIC structure-change records.
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