Belmont, MA · Cert 23901
FDIC · 7 branches
Q1 2019
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2019, the quarter ended March 31, 2019, 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.
Belmont, MA · Cert 23901
FDIC · 7 branches
Q1 2019
Market Position · Boston-Cambridge-Newton, MA-NH · 2018 SOD (annual) · 0.5% share · #19 of 126 inst. · $1.8B of $348.3B
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 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.68% | 0.71% | 0.60% | 0.89% | 0.87% | 0.87% | 0.80% | -1.73% | -262 bps | |
| Return on Equity | 9.62% | 10.08% | 8.75% | 13.70% | 13.51% | 13.40% | 12.38% | -26.15% | -3,986 bps | |
| Net Interest Margin | 2.34% | 2.29% | 2.20% | 2.24% | 2.15% | 2.07% | 2.09% | 2.02% | -22 bps | |
| Efficiency Ratio | 52.05% | 52.19% | 51.15% | 47.62% | 46.85% | 46.94% | 49.73% | 198.23% | +15,060 bps | |
| Non-Interest Burden | 1.15% | 1.13% | 1.06% | 1.00% | 0.91% | 0.88% | 0.96% | 4.18% | +318 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.79% | 20.55% | 23.99% | 20.14% | 22.71% | 18.88% | 13.22% | 10.89% | -925 bps | |
| Loan Growth (YoY) | 22.38% | 21.56% | 23.07% | 19.90% | 22.95% | 18.53% | 14.35% | 12.95% | -695 bps | |
| Deposit Growth (YoY) | 16.41% | 20.19% | 19.19% | 19.36% | 13.93% | 13.80% | 12.05% | 12.85% | -651 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.08% | 0.07% | 0.06% | 0.06% | 0.03% | 0.05% | 0.04% | 0.04% | -1 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 | 0.72% | 0.71% | 0.71% | 0.69% | 0.68% | 0.67% | 0.68% | 0.68% | -1 bps | |
| Allowance Coverage of NPLs | 9.1x | 9.6x | 11.9x | 12.3x | 22.8x | 14.6x | 15.3x | 16.1x | +3.8x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 7.11% | 7.08% | 6.77% | 6.65% | 6.63% | 6.57% | 6.78% | 6.96% | +31 bps | |
| Total Risk-Based Capital | 11.22% | 11.23% | 11.01% | 11.24% | 11.15% | 11.39% | 11.46% | 11.71% | +46 bps | |
| Equity / Assets | 6.97% | 6.82% | 6.47% | 6.52% | 6.38% | 6.47% | 6.48% | 6.72% | +20 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 128.61% | 127.06% | 131.50% | 127.20% | 138.80% | 132.34% | 134.20% | 127.31% | +11 bps | |
| Liquid Assets / Assets | 7.73% | 8.33% | 9.86% | 9.25% | 8.54% | 9.38% | 9.32% | 7.91% | -135 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |