Reading, MA · Cert 22089
FDIC
Q3 2008
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 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.81% | 0.99% | 0.84% | 0.90% | 0.93% | 0.10% | -0.03% | -0.05% | -95 bps | |
| Return on Equity | 7.05% | 8.10% | 6.83% | 7.30% | 7.44% | 0.78% | -0.27% | -0.33% | -763 bps | |
| Net Interest Margin | 2.52% | 2.32% | 2.33% | 2.34% | 2.35% | 2.02% | 1.83% | 0.10% | -223 bps | |
| Efficiency Ratio | 54.43% | 49.78% | 54.87% | 53.75% | 52.27% | 91.17% | 100.87% | 227% | +17,286 bps | |
| Non-Interest Burden | 1.30% | 0.83% | 1.11% | 0.95% | 0.92% | 1.80% | 1.85% | 0.18% | -78 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -6.20% | -7.05% | -5.26% | -3.41% | -4.94% | -3.41% | -4.16% | 0.58% | +398 bps | |
| Loan Growth (YoY) | 3.82% | -1.51% | 10.02% | 28.51% | 15.86% | 37.67% | 33.64% | -34.19% | -6,270 bps | |
| Deposit Growth (YoY) | -7.63% | -7.61% | -6.09% | -4.88% | -5.75% | -4.70% | -4.71% | -7.89% | -301 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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.55% | 0.55% | 0.58% | 0.44% | 0.47% | 0.40% | 0.44% | 0.00% | -44 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 | 35.35% | 35.16% | 33.97% | 33.76% | 33.52% | 26.79% | 26.33% | 40.49% | +672 bps | |
| Equity / Assets | 12.02% | 12.33% | 12.38% | 12.58% | 13.02% | 12.91% | 12.98% | 20.37% | +779 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 34.26% | 35.13% | 33.54% | 44.84% | 42.11% | 50.75% | 47.04% | 32.04% | -1,280 bps | |
| Liquid Assets / Assets | 0.64% | 0.63% | 0.64% | 1.00% | 1.01% | 0.94% | 0.93% | 0.00% | -100 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |