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First National Bank of Suffield, The

Suffield, CT · Cert 2526

FDIC · 4 branches

Q3 2018

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2018, the quarter ended September 30, 2018, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First National Bank of Suffield, The

Suffield, CT · Cert 2526

FDIC · 4 branches

Q3 2018

$277.1MAssets
$236.8MLoans
$220.1MDeposits
$28.1MEquity
Loan mix
77%RE $174.1M22%C&I $50.3M1%Consumer $1.6MQ3 2017Q3 2018
Deposit mix
70%Interest-bearing $153.5M30%Noninterest $66.6MQ3 2017Q3 2018

NIM

3.30%Q3 ’163.37%Q3 ’173.73%Q3 ’18+2%+8%

Non-interest income vs. expense

2.37%Q3 ’162.44%Q3 ’172.82%Q3 ’18+15%+24%

Market Position · Hartford-West Hartford-East Hartford, CT · 2018 SOD (annual) · 0.5% share · #16 of 29 inst. · $0.2B of $46.1B

Executive Summary

  • Earnings: ROA of 0.63%, down 14 bps year over year; NIM at 3.49%.
  • Asset quality: problem loans at 2.03% of loans (+136 bps YoY), with net charge-offs at 0.06%.
  • Capital: tier 1 leverage ratio of 10.31%, down 4 bps from a year ago.
  • Funding: loans stand at 107.60% of deposits as of Q3 2018.

Financial Results

Return on Assets (YTD, annualized)

0.63%-14 bps YoY

Net Interest Margin (YTD, annualized)

3.49%+25 bps YoY

Efficiency Ratio (YTD, annualized)

73.60%+724 bps YoY

Tier 1 Leverage Ratio

10.31%-4 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets0.77%0.69%0.74%0.57%0.63%-14 bps
Return on Equity7.38%6.72%7.22%5.67%6.20%-118 bps
Net Interest Margin3.24%3.29%3.43%3.43%3.49%+25 bps
Efficiency Ratio66.35%65.94%71.33%74.18%73.60%+724 bps
Non-Interest Burden2.00%2.02%2.35%2.46%2.48%+48 bps
Growth
Asset Growth (YoY)4.37%7.29%2.99%3.68%4.20%-16 bps
Loan Growth (YoY)9.95%11.61%11.18%10.20%11.44%+149 bps
Deposit Growth (YoY)2.62%5.12%-2.59%-1.71%-5.24%-786 bps
Asset Quality
Nonperforming Loans / Loans0.66%0.54%0.58%2.18%2.03%+136 bps
Net Charge-Offs / Loans0.02%0.01%-0.01%0.00%0.06%+5 bps
Allowance / Loans0.86%0.85%0.88%0.96%0.96%+10 bps
Allowance Coverage of NPLs1.3x1.6x1.5x0.4x0.5x-0.8x
Capital
Tier 1 Leverage Ratio10.36%10.43%10.34%10.22%10.31%-4 bps
Total Risk-Based Capital19.48%18.37%18.21%17.32%17.57%-191 bps
Equity / Assets10.42%10.17%10.19%9.96%10.14%-28 bps
Liquidity & Funding
Loans / Deposits91.50%95.51%99.49%100.60%107.60%+1,610 bps
Liquid Assets / Assets4.04%3.45%2.68%2.74%2.29%-175 bps
CRE / Total Capitaln/an/an/an/an/an/an/a