Warwick, RI · Charter 24722
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 2008, 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.
Warwick, RI · Charter 24722
Q3 2008
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
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 | 0.06% | -0.20% | -0.68% | -0.54% | -0.54% | -0.87% | -0.43% | -0.34% | +20 bps | |
| Return on Equity | 0.52% | -1.80% | -6.23% | -4.82% | -4.88% | -8.57% | -4.33% | -3.24% | +158 bps | |
| Net Interest Margin | 3.68% | 3.57% | 3.50% | 3.61% | 3.63% | 3.28% | 3.21% | 3.52% | -9 bps | |
| Efficiency Ratio | 98.61% | 100.62% | 101.95% | 103.20% | 102.65% | 104.85% | 105.13% | 99.73% | -347 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.54% | -4.00% | -2.89% | -3.98% | -2.05% | 4.53% | 5.62% | 2.01% | +599 bps | |
| Loan Growth (YoY) | 0.10% | -4.67% | -8.29% | -11.82% | -9.94% | -8.18% | -4.65% | -5.62% | +620 bps | |
| Share Growth (YoY) | 1.66% | -4.81% | -3.06% | -3.19% | -1.51% | 6.40% | 7.07% | 2.96% | +615 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.72% | 1.78% | 1.68% | 0.62% | 0.52% | 0.32% | 0.34% | 0.35% | -26 bps | |
| 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 | 0.19% | 0.24% | 0.36% | 0.32% | 0.37% | 0.47% | 0.42% | 0.45% | +13 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 11.28% | 11.33% | 10.94% | 11.14% | 10.98% | 10.16% | 9.97% | 10.53% | -61 bps | |
| Net Worth / Assets | 11.28% | 11.33% | 10.94% | 11.14% | 10.98% | 10.16% | 9.97% | 10.53% | -61 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 71.59% | 68.82% | 64.78% | 65.35% | 65.46% | 59.39% | 57.69% | 59.90% | -544 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |