Litchfield, CT · Cert 18209
FDIC · 5 branches
Q4 2020
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2020, the quarter ended December 31, 2020, 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.
Litchfield, CT · Cert 18209
FDIC · 5 branches
Q4 2020
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 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.25% | 0.29% | 0.31% | 0.30% | 0.28% | 0.21%1 | 0.23%1 | 0.32% | +1 bps | |
| Return on Equity | 3.17% | 3.61% | 3.70% | 3.72% | 3.44% | 2.68% | 2.98% | 4.21% | +49 bps | |
| Net Interest Margin | 3.19% | 3.24% | 3.26% | 3.21% | 3.23% | 2.98% | 2.87% | 2.78% | -43 bps | |
| Efficiency Ratio | 88.77% | 88.25% | 88.08% | 88.77% | 92.13% | 93.97% | 94.37% | 90.67% | +191 bps | |
| Non-Interest Burden | 2.79% | 2.81% | 2.82% | 2.80% | 2.94% | 2.77% | 2.68% | 2.47% | -33 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.53% | -0.85% | 0.38% | 0.99% | -0.74% | 11.71% | 14.54% | 21.36% | +2,037 bps | |
| Loan Growth (YoY) | 4.94% | 3.99% | 6.69% | 0.76% | 2.63% | 9.33% | 6.93% | 9.19% | +842 bps | |
| Deposit Growth (YoY) | 5.17% | 2.48% | 4.25% | 4.18% | 2.81% | 16.11% | 19.57% | 25.09% | +2,090 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.58% | 0.50% | 0.57% | 0.51% | 0.88% | 1.66% | 1.17% | 0.68% | +18 bps | |
| Net Charge-Offs / Loans | 0.01% | -0.03% | -0.02% | -0.01% | 0.00% | 0.00% | 0.00% | 0.00% | +1 bps | |
| Allowance / Loans | 0.82% | 0.83% | 0.84% | 0.89% | 0.89% | 0.84% | 0.89% | 0.95% | +7 bps | |
| Allowance Coverage of NPLs | 1.4x | 1.7x | 1.5x | 1.7x | 1.0x | 0.5x | 0.8x | 1.4x | -0.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.17% | 8.36% | 8.48% | 8.42% | 8.68% | 8.07% | 7.79% | 7.43% | -99 bps | |
| Total Risk-Based Capital | 13.57% | 13.13% | 13.75% | 13.92% | 13.93% | 8.07% | 12.68% | 13.12% | -79 bps | |
| Equity / Assets | 8.08% | 8.48% | 8.48% | 7.81% | 8.32% | 7.53% | 7.24% | 6.73% | -108 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.40% | 91.05% | 92.29% | 85.46% | 89.24% | 85.73% | 82.54% | 74.60% | -1,086 bps | |
| Liquid Assets / Assets | 4.23% | 2.53% | 2.42% | 7.25% | 5.01% | 9.93% | 12.03% | 15.81% | +856 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |