PackageTrendsPeer
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Chittenden Trust Company

Burlington, VT · Cert 14149

FDIC

Q4 2008

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2008, the quarter ended December 31, 2008, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Chittenden Trust Company

Burlington, VT · Cert 14149

FDIC

Q4 2008

$3.8BAssets
$2.4BLoans
$2.6BDeposits
n/aEquity
Loan mix
81%RE $1.7B19%C&I $0.4B0%Consumer $0.0BQ4 2007Q4 2008
Deposit mix
81%Interest-bearing $2.4B19%Noninterest $0.6BQ4 2007Q4 2008

NIM

5.86%Q4 ’066.08%Q4 ’07-3%

Non-interest income vs. expense

2.74%Q4 ’062.85%Q4 ’070%

Executive Summary

  • Earnings: ROA of 1.17%, down 34 bps year over year.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Funding: loans stand at 94.10% of deposits as of Q4 2008.

Financial Results

Return on Assets (YTD, annualized)

1.17%-34 bps YoY

Net Interest Margin (YTD, annualized)

n/a

Efficiency Ratio (YTD, annualized)

n/a

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets1.51%1.08%1.25%1.19%1.17%-34 bps
Return on Equity20.13%n/an/an/an/an/a
Net Interest Margin3.81%n/an/an/an/an/a
Efficiency Ratio53.18%n/an/an/an/an/a
Non-Interest Burden1.34%n/an/an/an/an/a
Growth
Asset Growth (YoY)1.63%6.39%3.69%2.49%10.96%+933 bps
Loan Growth (YoY)4.46%0.44%1.13%-0.15%-2.50%-696 bps
Deposit Growth (YoY)2.71%-4.09%-6.96%-12.00%-13.68%-1,638 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.11%n/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital11.07%n/an/an/an/an/a
Equity / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits83.31%85.11%95.49%96.50%94.10%+1,078 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a