PackageTrendsPeer
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Southington Savings Bank

Southington, CT · Cert 18226

FDIC

Q2 2002

$670.8MAssets
$353.1MLoans
$433.9MDeposits
$60.6MEquity
Loan mix
62%RE $137.1M38%C&I $83.5M0%Consumer $0.0MQ3 2000Q2 2002
Deposit mix
88%Interest-bearing $381.6M12%Noninterest $52.3MQ3 2000Q2 2002

Executive Summary

  • Earnings: ROA of 1.22%, down 24 bps year over year; NIM at 3.56%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.88%.
  • Funding: loans stand at 81.38% of deposits as of Q2 2002.

Return on Assets (quarter, annualized)

1.22%-24 bps YoY

Net Interest Margin (quarter, annualized)

3.56%+7 bps YoY

Efficiency Ratio (quarter, annualized)

44.22%-516 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

7.41%Q1 ’017.18%Q2 ’016.15%Q2 ’02+6%+2%

Non-interest income vs. expense

1.94%Q1 ’012.04%Q2 ’011.79%Q2 ’02+11%-7%

Discrete quarter, annualized.

MetricQ3 2000Q4 2000Q1 2001Q2 2001Q3 2001Q4 2001Q1 2002Q2 2002YoY ΔTrend
Earnings
Return on Assets1.51%1.51%1.43%1.46%1.43%1.52%1.49%1.22%-24 bps
Return on Equityn/an/an/a17.05%15.61%17.09%17.63%13.86%-319 bps
Net Interest Marginn/an/a3.30%3.49%3.49%3.54%3.57%3.56%+7 bps
Efficiency Ration/an/a48.67%49.38%52.40%48.14%46.56%44.22%-516 bps
Non-Interest Burdenn/an/a1.26%1.40%1.58%1.44%1.34%1.30%-10 bps
Growth
Asset Growth (YoY)5.44%11.39%8.27%1.32%3.65%5.16%8.33%10.02%+869 bps
Loan Growth (YoY)2.32%2.63%0.20%-1.18%3.92%7.24%7.15%12.67%+1,385 bps
Deposit Growth (YoY)7.79%9.35%10.05%1.06%4.88%8.60%9.31%10.07%+902 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a0.07%0.02%0.06%-0.04%0.01%0.88%+86 bps
Allowance / Loansn/an/a1.93%1.93%1.68%1.65%1.66%1.49%-44 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capitaln/an/a15.08%16.32%15.30%14.47%14.41%14.67%-166 bps
Equity / Assetsn/an/a8.26%8.84%9.47%8.36%8.52%9.03%+19 bps
Liquidity & Funding
Loans / Deposits84.50%82.78%81.44%79.50%83.72%81.75%79.84%81.38%+187 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a