Somerville, MA · Cert 19943
FDIC · 28 branches
Q3 2021
Market Position · Boston-Cambridge-Newton, MA-NH · 2021 SOD (annual) · 1.2% share · #10 of 116 inst. · $6.4B of $514.5B
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 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.72% | 0.73% | 0.64% | 0.63% | 0.65% | -7 bps | |
| Return on Equity | 11.37% | 11.59% | 11.07% | 10.96% | 11.12% | -25 bps | |
| Net Interest Margin | 1.72% | 1.67% | 1.62% | 1.61% | 1.65% | -7 bps | |
| Efficiency Ratio | 58.03% | 57.72% | 63.35% | 62.16% | 61.20% | +316 bps | |
| Non-Interest Burden | 0.88% | 0.84% | 0.94% | 0.92% | 0.92% | +3 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 18.87% | 15.83% | 31.12% | 22.19% | 13.27% | -560 bps | |
| Loan Growth (YoY) | 25.87% | 23.48% | 19.76% | 7.19% | -2.16% | -2,803 bps | |
| Deposit Growth (YoY) | 24.75% | 23.94% | 40.17% | 24.63% | 14.57% | -1,018 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.05% | 0.14% | 0.03% | 0.04% | 0.05% | 0 bps | |
| Net Charge-Offs / Loans | -0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.12% | 1.18% | 1.17% | 1.17% | 1.19% | +7 bps | |
| Allowance Coverage of NPLs | 22.7x | 8.7x | 37.1x | 27.5x | 26.4x | +3.6x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 6.56% | 6.41% | 5.95% | 5.94% | 6.15% | -41 bps | |
| Total Risk-Based Capital | 13.00% | 13.03% | 12.81% | 12.78% | 13.35% | +35 bps | |
| Equity / Assets | 6.10% | 6.14% | 5.51% | 5.69% | 5.98% | -13 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 55.20% | 54.90% | 46.76% | 47.04% | 47.14% | -806 bps | |
| Liquid Assets / Assets | 43.29% | 43.30% | 51.12% | 51.54% | 52.08% | +879 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |