Lyndonville, VT · Cert 14155
FDIC
Q4 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2007, the quarter ended December 31, 2007, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Lyndonville, VT · Cert 14155
FDIC
Q4 2007
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.72% | 0.71% | 0.73% | 0.65% | 0.37% | 0.40% | 0.36% | -0.42% | -107 bps | |
| Return on Equity | 7.61% | 7.60% | 7.83% | 7.11% | 4.08% | 4.45% | 3.97% | -4.72% | -1,183 bps | |
| Net Interest Margin | 3.95% | 3.88% | 3.88% | 3.74% | 3.30% | 3.48% | 3.57% | 3.60% | -14 bps | |
| Efficiency Ratio | 81.68% | 82.07% | 81.54% | 83.57% | 93.91% | 90.72% | 90.79% | 114.81% | +3,124 bps | |
| Non-Interest Burden | 3.09% | 3.06% | 3.05% | 3.02% | 3.06% | 3.09% | 3.18% | 4.23% | +121 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.36% | -0.61% | 1.38% | 8.90% | 6.19% | 4.46% | 1.03% | -6.92% | -1,582 bps | |
| Loan Growth (YoY) | -1.53% | 3.25% | 3.57% | 19.22% | 19.87% | 6.81% | 9.63% | -4.68% | -2,390 bps | |
| Deposit Growth (YoY) | 1.97% | 1.37% | 1.78% | 2.41% | 4.25% | 2.40% | -1.95% | -1.68% | -409 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.06% | 0.01% | 0.02% | 0.04% | 0.02% | 0.32% | 0.21% | 0.36% | +32 bps | |
| Allowance / Loans | 1.19% | 1.12% | 1.11% | 1.01% | 0.96% | 0.85% | 0.86% | 0.75% | -27 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 15.45% | 14.32% | 14.76% | 13.96% | 13.71% | 13.82% | 13.73% | 12.94% | -102 bps | |
| Equity / Assets | 9.44% | 8.98% | 9.22% | 8.97% | 9.06% | 8.74% | 9.09% | 8.51% | -46 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 80.10% | 84.87% | 82.01% | 90.35% | 92.09% | 88.53% | 91.70% | 87.60% | -275 bps | |
| Liquid Assets / Assets | 0.31% | 0.30% | 0.13% | 0.20% | 0.19% | 0.22% | 0.25% | 0.27% | +7 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |