Providence, RI · Cert 2558
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.
Providence, RI · Cert 2558
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 | 1.27% | 1.32% | 1.39% | 1.63% | 0.70% | 0.91% | 1.08% | 1.58% | -4 bps | |
| Return on Equity | 12.26% | 12.72% | 13.42% | 16.19% | 4.91% | 5.54% | 6.19% | 7.54% | -864 bps | |
| Net Interest Margin | 3.53% | 3.55% | 3.58% | 3.67% | 1.57% | 2.11% | 2.36% | 2.77% | -90 bps | |
| Efficiency Ratio | 53.02% | 52.46% | 52.43% | 58.53% | 48.20% | 51.29% | 49.08% | 47.91% | -1,063 bps | |
| Non-Interest Burden | 0.99% | 0.91% | 0.89% | 1.19% | 0.46% | 0.64% | 0.61% | 0.62% | -57 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.06% | -2.63% | -2.45% | -7.05% | 3.91% | 3.40% | 4.87% | 1.70% | +875 bps | |
| Loan Growth (YoY) | 7.80% | 8.63% | 7.12% | 2.53% | -4.34% | -6.39% | -10.27% | -17.81% | -2,034 bps | |
| Deposit Growth (YoY) | 12.70% | 12.76% | 12.10% | 5.89% | 1.70% | -1.40% | -2.78% | -3.32% | -921 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 | 1.89% | 1.59% | 1.37% | 0.75% | 0.41% | 0.41% | 0.46% | 0.04% | -70 bps | |
| 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 | 11.45% | 11.46% | 11.30% | 11.02% | 11.78% | 12.92% | 13.32% | 12.63% | +161 bps | |
| Equity / Assets | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 97.64% | 98.46% | 97.18% | 94.49% | 91.83% | 93.49% | 89.69% | 80.32% | -1,416 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |