Primary Bank
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Data as of · sourced from FFIEC call reports. How we update
Primary Bank is an FDIC-insured commercial bank headquartered in Bedford, NH, established in 2015 (FDIC certificate 59086), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $769.5M, up 6.2% from Q2 2025, the 8th largest of 16 banks headquartered in New Hampshire. Its CET1 capital ratio was 16.36% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 59086
- Headquarters
- Bedford, NH
- Established
- 2015
- Total assets, Q2 2026
- $769.5M
- Assets vs Q2 2025
- +6.2%
- CET1 ratio, Q2 2026
- 16.36%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 011402105
- Asset rank in state
- 8th of 16 in New Hampshire
Problem loans are rising at Primary Bank. Based in Bedford, New Hampshire, it had $770 million in assets at June 30, 2026, up 6.2% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.32% of loans from 0.71% a year earlier. It earns about $2.21 a year on every $100 of assets, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median $1.28). It also spends about 44 cents to bring in each dollar of revenue, lower than about 9 in 10 banks its size (median 61 cents).
Delinquency has appeared in its $191 million non-owner-occupied commercial real estate book: 3.03% of those loans are past due or on nonaccrual, against almost none a year earlier. Earnings jumped: net income for the quarter was $4.1 million, 32% above the same quarter a year earlier. Concentration is the risk to watch: it holds commercial real estate loans worth 2.6 times its capital, about double the median of 1.2 times for banks its size.
As of June 30, 2026, Primary Bank reported a CET1 capital ratio of 16.36%, a return on assets of 2.21%, a nonperforming-loan ratio of 1.48% and a Texas ratio of 9.59%. The figures come from its call report filed with the FFIEC.
Of the 16 banks headquartered in New Hampshire, Primary Bank is the 8th largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 3.5% to $769.5M, loans rose 4.2% and deposits rose 3.7%. The largest part of its loan book on June 30, 2026 was non-owner-occupied commercial real estate loans, at 28.4% of total loans, ahead of owner-occupied commercial real estate loans at 24.4%. Its 4 offices in the FDIC Summary of Deposits are in 4 cities in NH; its Bedford office books 75% of its branch deposits. On its Q2 2026 call report, Primary Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 207 Route 101, Bedford, NH 03110
- County
- Hillsborough
- Metro Area
- Manchester-Nashua, 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
- —
- Call Report form
- FFIEC 041
- Established
- July 28, 2015
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 60
- Domestic deposits
- $644.2M
- Allowance for credit losses
- $6.6M
- Net charge-offs (YTD)
- $294K
- Average total assets
- $744.1M
- Average total loans
- $652.6M
- Average interest-bearing deposits
- $446.1M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- July 28, 2015
- FDIC Cert
- 59086
- Fed RSSD
- 4845861
- Website
- www.primarybanknh.com →
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Primary Bank's total assets ran between $693.1M (Q4 2023) and $769.5M (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$769.5M total assets against $724.8M; $648.1M total liabilities against $618.9M.
$664.8M net loans and leases against $613.1M; $644.2M total deposits against $613.0M.
$14.9M securities against $9.4M; $80.1M cash and balances due against $90.7M.
$10.8M total interest income against $10.3M; $3.3M total interest expense against $3.2M.
$7.6M net interest income against $7.1M.
$158K total noninterest income against $184K; $3.4M total noninterest expense against $3.0M.
$296K provision for credit losses against $180K.
$4.1M net income against $3.1M.
2.21% return on assets against 1.77%; 4.11% net interest margin against 4.06%.
16.36% CET1 capital ratio against 15.71%; 16.32% tier 1 leverage ratio against 15.03%.
Inside the full Primary Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, 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.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Primary Bank rankings
Its closest position to the top of a national ranking is 303 of 3,611, for ROA; its furthest is 660 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.33% (Q1 2026) to 2.21% (Q2 2026) and its net interest margin ran from 3.86% (Q4 2025) to 4.11% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 16.36% | 2.21% | 1.48% | 9.59% | 4.11% |
| Q1 2026 | 16.40% | 1.33% | 1.31% | 9.11% | 4.05% |
| Q4 2025 | 16.06% | 1.51% | 1.45% | 10.07% | 3.86% |
| Q3 2025 | 15.61% | 1.82% | 0.98% | 6.11% | 4.05% |
| Q2 2025 | 15.71% | 1.77% | 2.23% | 3.96% | 4.06% |
| Q1 2025 | 15.80% | 1.41% | 0.60% | 1.78% | 3.87% |
| Q4 2024 | 15.39% | 1.72% | 0.54% | 2.56% | 4.02% |
| Q3 2024 | 14.97% | 1.56% | 1.41% | 8.03% | 3.90% |
Swipe the table sideways to see every column.
Branch Network
View all 4 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Primary Bank (main office) | Bedford , NH | 03110 | $484.8M |
| Primary Bank - Mancester North | Manchester , NH | 03101 | $83.3M |
| Derry Branch Office | Derry , NH | 03038 | $46.3M |
| Nashua Branch | Nashua , NH | 03063 | $29.8M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 1.3% of deposits in NH, rank 18 of 44 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 4 loans, $3.9M approved, $970K 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).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Primary Bank
What are Primary Bank's total assets?
As of the Q2 2026 filing, Primary Bank reported total assets of $769.5 million in its FFIEC call report.
Where is Primary Bank headquartered?
It is headquartered in Bedford, NH, United States.
When was Primary Bank founded?
It was established in 2015, per the FDIC institution directory.
Is Primary Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #59086). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Primary Bank?
Primary Bank's primary federal regulator is the FDIC.
What is Primary Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 16.36% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Primary Bank operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Primary Bank's Texas Ratio?
Its Texas Ratio is 9.59% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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