Rockland Trust Company
Rockland, Massachusetts, Plymouth County
$25.0B in total assets, the 89th largest of 4,309 US banks and 3rd of 95 headquartered in Massachusetts.
- FDIC certificate
- 9712
- Established
- 1907
- Owned by
- Independent Bank Corp
- Primary regulator
- FDIC
- Website
- http://www.rocklandtrust.com
At a glance
Compared with 132 US banks with $10 billion to $100 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $25.0B | 58% | $22.4B | |
| Loans | $18.4B | 61% | $14.4B | |
| Deposits | $20.5B | 58% | $18.0B | |
| Return on assets | 1.23% | 44% | 1.30% | |
| Net interest margin | 3.98% | 76% | 3.61% | |
| Efficiency ratio | 51.4% | 35% | 55.2% | |
| Equity to assets | 15.60% | 94% | 11.57% | |
| Loans to deposits | 90% | 61% | 87% |
Growth
Total assets grew 12.0% a year over the last 5 years and 12.9% a year over 10 years, including 6 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jul 2025 | Enterprise Bank and Trust Company Lowell, MA | $5.0B |
| Nov 2021 | East Boston Savings Bank Boston, MA | $6.1B |
| Apr 2019 | Blue Hills Bank Boston, MA | $2.5B |
| Nov 2018 | The Milford National Bank and Trust Company Milford, MA | $360M |
| May 2017 | The Edgartown National Bank Edgartown, MA | $182M |
| Nov 2016 | Bank of Cape Cod Hyannis, MA | $262M |
| Feb 2015 | Peoples Federal Savings Bank Brighton, MA | $596M |
| Nov 2013 | Mayflower Co-operative Bank Middleboro, MA | $244M |
| Nov 2012 | Central Co-operative Bank Somerville, MA | $551M |
| May 2009 | Benjamin Franklin Bank Franklin, MA | $999M |
| Mar 2008 | Slade's Ferry Trust Company Somerset, MA | $603M |
| Jul 2004 | Falmouth Co-operative Bank Falmouth, MA | $155M |
| Mar 1994 | Plymouth Federal Savings Association Plymouth, MA | $61M |
| Jun 1992 | Middleborough Trust Company Middleboro, MA, an affiliate under the same holding company | $103M |
Where they operate
151 branches in 12 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Plymouth County, MA | $5.2B | 28.2% | 1 of 17 |
| Middlesex County, MA | $3.5B | 4.2% | 9 of 42 |
| Norfolk County, MA | $2.5B | 4.9% | 5 of 35 |
| Suffolk County, MA | $2.2B | 0.6% | 8 of 36 |
| Bristol County, MA | $1.6B | 9.7% | 4 of 15 |
| Barnstable County, MA | $1.4B | 12.2% | 3 of 11 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 65 branches since 2016 (86 to 151, +75.6%). 11 opened, 72 acquired, 18 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 86 | |||
| 2016 | Acquired Bank of Cape CodOpened Quincy, closed 4 in Massachusetts | 2 | 4 | −2 | 84 |
| 2017 | Acquired The Edgartown National BankOpened Burlington, closed Brockton and Burlington | 5 | 2 | +3 | 87 |
| 2018 | Acquired The Milford National Bank and Trust CompanyOpened Boston and Newton, closed West Newton and Woburn | 5 | 2 | +3 | 90 |
| 2019 | Acquired Blue Hills BankOpened Needham, closed 3 in Massachusetts | 11 | 3 | +8 | 98 |
| 2020 | Opened WorcesterClosed Wellesley Hills | 2 | 1 | +1 | 99 |
| 2021 | Acquired East Boston Savings BankOpened Shrewsbury and Worcester, closed 4 in Massachusetts | 29 | 4 | +25 | 124 |
| 2022 | Opened Westborough | 1 | 0 | +1 | 125 |
| 2023 | Closed Chatham | 0 | 1 | −1 | 124 |
| 2025 | Acquired Enterprise Bank and Trust CompanyOpened Marlborough | 28 | 0 | +28 | 152 |
| 2026 through Q2 | Closed Revere | 0 | 1 | −1 | 151 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 37% | 25% | |
| 1-4 family residential | 29% | 21% | |
| Multifamily | 12% | 8% | |
| Business (C&I) | 10% | 17% | |
| Construction and land | 8% | 6% | |
| Consumer | 0% | 10% | |
| Other | 4% | 13% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 56% | 62% | |
| Noninterest-bearing | 28% | 20% | |
| Time deposits | 16% | 18% |
Brokered deposits are 0.3% of deposits (peers 7.3%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.56% | 0.63% |
| Net charge-offs, annualized | 0.06% | 0.14% |
| Reserves to loans | 1.06% | 1.15% |
| Leverage ratio | 11.83% | 10.25% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Massachusetts
Largest competitors in Plymouth County, MA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/rockland-trust-rockland-ma