Gorham, ME · Cert 17748
FDIC · 13 branches
Q4 2024
Market Position · Portland-South Portland, ME · 2024 SOD (annual) · 6.4% share · #5 of 23 inst. · $1.3B of $21.1B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.11% | 0.26% | 0.40% | 0.52% | 0.19% | 0.37% | 0.51% | 0.25% | -27 bps | |
| Return on Equity | 1.67% | 3.91% | 6.24% | 7.94% | 2.73% | 5.47% | 7.07% | 3.34% | -460 bps | |
| Net Interest Margin | 2.34% | 2.20% | 2.34% | 2.25% | 2.18% | 2.23% | 2.51% | 2.24% | -1 bps | |
| Efficiency Ratio | 87.16% | 88.10% | 84.37% | 88.56% | 91.61% | 91.83% | 86.91% | 91.62% | +306 bps | |
| Non-Interest Burden | 2.01% | 1.89% | 1.90% | 1.93% | 1.96% | 2.02% | 2.12% | 2.01% | +8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.58% | 5.34% | 5.47% | 3.79% | -0.29% | 0.89% | -0.82% | -3.64% | -743 bps | |
| Loan Growth (YoY) | 9.84% | 8.22% | 8.05% | 3.11% | 1.43% | 0.24% | -1.88% | -0.14% | -325 bps | |
| Deposit Growth (YoY) | 3.86% | -2.10% | 0.00% | -0.96% | -4.74% | -0.22% | -0.16% | 4.27% | +523 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.51% | 0.53% | 0.54% | 0.59% | 0.74% | 0.62% | 0.44% | 0.48% | -11 bps | |
| Net Charge-Offs / Loans | 0.36% | 0.00% | 0.00% | 0.03% | 0.10% | -0.10% | -0.07% | 0.01% | -2 bps | |
| Allowance / Loans | 0.79% | 0.89% | 0.77% | 0.77% | 0.77% | 0.72% | 0.71% | 0.74% | -4 bps | |
| Allowance Coverage of NPLs | 1.5x | 1.7x | 1.4x | 1.3x | 1.0x | 1.2x | 1.6x | 1.5x | +0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.92% | 8.91% | 9.02% | 9.18% | 9.22% | 9.33% | 9.40% | 9.53% | +34 bps | |
| Total Risk-Based Capital | 8.92% | 8.91% | 9.02% | 9.18% | 9.22% | 9.33% | 9.40% | 9.53% | +34 bps | |
| Equity / Assets | 6.68% | 6.58% | 6.17% | 6.85% | 6.82% | 6.88% | 7.57% | 7.23% | +37 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.26% | 93.65% | 92.67% | 95.74% | 93.98% | 94.08% | 91.08% | 91.69% | -405 bps | |
| Liquid Assets / Assets | 2.43% | 0.98% | 2.08% | 3.09% | 3.38% | 3.49% | 1.59% | 0.91% | -218 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |