Rockville, CT · Cert 18203
FDIC · 58 branches
Q3 2019
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2019, the quarter ended September 30, 2019, 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.
Rockville, CT · Cert 18203
FDIC · 58 branches
Q3 2019
Market Position · Hartford-East Hartford-Middletown, CT · 2019 SOD (annual) · 8.2% share · #4 of 28 inst. · $3.8B of $46.3B
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 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.88% | 1.00% | 0.98% | 0.99% | 0.94% | 0.80% | 0.79% | 0.84% | -15 bps | |
| Return on Equity | 8.55% | 9.90% | 9.76% | 9.82% | 9.26% | 7.86% | 7.65% | 8.02% | -180 bps | |
| Net Interest Margin | 2.77% | 2.75% | 2.79% | 2.77% | 2.76% | 2.66% | 2.70% | 2.70% | -7 bps | |
| Efficiency Ratio | 61.24% | 62.01% | 63.30% | 63.28% | 65.26% | 66.13% | 65.59% | 64.10% | +82 bps | |
| Non-Interest Burden | 1.49% | 1.49% | 1.56% | 1.55% | 1.60% | 1.59% | 1.60% | 1.55% | 0 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.01% | 5.65% | 4.89% | 3.27% | 3.30% | 3.80% | 1.99% | -0.19% | -345 bps | |
| Loan Growth (YoY) | 10.05% | 8.38% | 6.67% | 6.00% | 5.07% | 5.47% | 4.23% | 1.27% | -474 bps | |
| Deposit Growth (YoY) | 10.36% | 10.22% | 8.06% | 6.68% | 8.80% | 7.16% | 5.96% | 2.65% | -403 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.63% | 0.61% | 0.58% | 0.55% | 0.62% | 0.60% | 0.62% | 0.60% | +5 bps | |
| Net Charge-Offs / Loans | 0.09% | 0.08% | 0.08% | 0.08% | 0.08% | 0.11% | 0.10% | 0.10% | +2 bps | |
| Allowance / Loans | 0.86% | 0.88% | 0.88% | 0.89% | 0.90% | 0.90% | 0.92% | 0.94% | +6 bps | |
| Allowance Coverage of NPLs | 1.4x | 1.4x | 1.5x | 1.6x | 1.5x | 1.5x | 1.5x | 1.6x | 0.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.68% | 8.71% | 8.80% | 8.94% | 8.99% | 8.77% | 8.99% | 9.18% | +24 bps | |
| Total Risk-Based Capital | 11.62% | 11.70% | 11.74% | 11.98% | 11.87% | 11.70% | 11.60% | 11.97% | -1 bps | |
| Equity / Assets | 10.03% | 10.10% | 10.01% | 10.21% | 10.19% | 10.28% | 10.41% | 10.79% | +58 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 104.60% | 102.75% | 102.42% | 101.67% | 101.02% | 101.13% | 100.75% | 100.30% | -137 bps | |
| Liquid Assets / Assets | 0.64% | 0.34% | 0.63% | 0.41% | 0.84% | 1.42% | 0.63% | 0.50% | +8 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |