Wareham, MA · Cert 23463
FDIC
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, 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.
Wareham, MA · Cert 23463
FDIC
Q1 2005
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 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.26% | 1.14% | 0.96% | 0.76% | 0.75% | 0.51% | -0.53% | 0.54%1 | -23 bps | |
| Return on Equity | 13.76% | 12.45% | 10.39% | 7.97% | 7.87% | 5.42% | -5.51% | 5.01% | -296 bps | |
| Net Interest Margin | 3.19% | 2.97% | 3.10% | 2.97% | 2.81% | 2.85% | 2.91% | 2.89% | -8 bps | |
| Efficiency Ratio | 57.65% | 60.10% | 65.47% | 75.81% | 73.50% | 84.87% | 108.62% | 94.42% | +1,861 bps | |
| Non-Interest Burden | 1.08% | 1.14% | 1.49% | 2.09% | 1.80% | 2.28% | 3.24% | 2.67% | +58 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.61% | 10.46% | -1.29% | 5.05% | -4.91% | -0.38% | -12.99% | -19.07% | -2,412 bps | |
| Loan Growth (YoY) | 14.55% | -2.83% | -18.17% | -10.66% | -13.27% | -5.88% | 9.85% | 6.35% | +1,701 bps | |
| Deposit Growth (YoY) | 18.26% | 5.22% | -1.40% | -1.94% | -4.28% | -1.30% | 3.36% | -1.39% | +55 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 | 0.06% | 0.04% | 0.03% | 0.53% | 0.20% | 0.13% | 0.19% | 0.00% | -52 bps | |
| Allowance / Loans | 1.37% | 1.48% | 1.65% | 1.46% | 1.48% | 1.47% | 1.61% | 1.61% | +15 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 | 16.56% | 16.80% | 18.11% | 17.72% | 18.46% | 18.02% | 17.68% | 17.79% | +7 bps | |
| Equity / Assets | 9.12% | 9.27% | 9.55% | 9.60% | 9.32% | 9.46% | 10.56% | 10.84% | +124 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 69.50% | 66.15% | 62.66% | 63.62% | 62.97% | 63.08% | 66.59% | 68.62% | +500 bps | |
| Liquid Assets / Assets | 0.05% | 0.03% | 0.02% | 0.01% | 0.72% | 0.66% | 0.02% | 0.00% | -1 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |