Boston, MA · Cert 23468
FDIC
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
Boston, MA · Cert 23468
FDIC
Q1 2014
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 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 20.47% | 16.68% | 15.50% | 11.67% | 11.17% | 24.83% | 31.27% | 76.75% | +6,508 bps | |
| Return on Equity | 44.79% | 36.49% | 35.13% | 30.52% | 29.01% | 60.08% | 75.54% | 123.46% | +9,294 bps | |
| Net Interest Margin | -0.13% | -0.13% | -0.12% | -0.13% | -0.12% | -0.12% | -0.12% | -0.11% | +2 bps | |
| Efficiency Ratio | 88.85% | 90.43% | 91.18% | 93.11% | 93.42% | 84.78% | 81.17% | 68.52% | -2,459 bps | |
| Non-Interest Burden | -20.38% | -16.35% | -14.58% | -12.08% | -11.09% | -23.85% | -29.47% | -76.33% | -6,426 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.53% | 10.81% | 6.53% | 5.60% | 7.83% | 2.49% | -6.17% | -47.37% | -5,297 bps | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Deposit Growth (YoY) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -100.00% | -10,000 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 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 | 48.40% | 45.78% | 37.60% | 38.83% | 38.99% | 48.89% | 42.41% | 99.95% | +6,112 bps | |
| Equity / Assets | 48.40% | 45.78% | 37.60% | 38.83% | 38.99% | 48.89% | 41.69% | 97.09% | +5,825 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | n/a | n/a | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.10% | 3.58% | +358 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |