New London, CT · Cert 18197
FDIC
Q2 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2007, the quarter ended June 30, 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.
New London, CT · Cert 18197
FDIC
Q2 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 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.39% | 1.38% | 1.21% | 1.17% | 1.22% | 1.21% | 1.05% | 1.27% | +10 bps | |
| Return on Equity | 18.43% | 18.16% | 16.16% | 15.90% | 16.33% | 15.77% | 12.17% | 15.28% | -62 bps | |
| Net Interest Margin | 2.86% | 2.81% | 2.65% | 2.53% | 2.50% | 2.52% | 2.59% | 2.62% | +9 bps | |
| Efficiency Ratio | 39.20% | 40.29% | 42.55% | 43.13% | 41.87% | 42.51% | 45.53% | 39.63% | -350 bps | |
| Non-Interest Burden | 0.71% | 0.71% | 0.74% | 0.70% | 0.61% | 0.62% | 0.77% | 0.39% | -31 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.68% | 12.10% | 13.86% | 15.46% | 15.71% | 5.83% | -2.30% | -7.55% | -2,301 bps | |
| Loan Growth (YoY) | 14.49% | 20.38% | 23.17% | 24.55% | 16.20% | 8.22% | 6.86% | 2.64% | -2,191 bps | |
| Deposit Growth (YoY) | 8.41% | 2.86% | 5.59% | 17.46% | -2.88% | -4.23% | -11.83% | -16.12% | -3,357 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 | 0.11% | 0.11% | 0.06% | 0.09% | 0.10% | 0.12% | 0.11% | 0.12% | +2 bps | |
| Allowance / Loans | 0.84% | 0.75% | 0.74% | 0.71% | 0.70% | 0.77% | 0.80% | 0.83% | +12 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 | 10.69% | 11.00% | 10.97% | 10.86% | 11.43% | 12.00% | 12.14% | 10.54% | -31 bps | |
| Equity / Assets | 7.83% | 7.74% | 7.20% | 7.09% | 7.79% | 8.46% | 8.77% | 7.66% | +57 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 80.21% | 86.63% | 81.70% | 81.05% | 95.97% | 97.90% | 99.02% | 99.18% | +1,812 bps | |
| Liquid Assets / Assets | 0.10% | 0.08% | 0.09% | 0.08% | 0.05% | 0.07% | 0.06% | 0.06% | -2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |