Lenox, MA · Cert 2598
FDIC · 1 branch
Q3 2015
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2015, the quarter ended September 30, 2015, 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.
Lenox, MA · Cert 2598
FDIC · 1 branch
Q3 2015
Market Position · Pittsfield, MA · 2015 SOD (annual) · 1.6% share · #9 of 11 inst. · $0.1B of $3.6B
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 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | Q2 2015 | Q3 2015 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.56% | 0.44% | 0.40% | 0.40% | 0.30% | 0.23% | 0.05% | -0.05% | -45 bps | |
| Return on Equity | 4.40% | 3.52% | 3.22% | 3.23% | 2.42% | 1.81% | 0.38% | -0.40% | -363 bps | |
| Net Interest Margin | 2.96% | 2.79% | 2.79% | 2.71% | 2.73% | 2.65% | 2.61% | 2.61% | -10 bps | |
| Efficiency Ratio | 71.99% | 74.70% | 75.48% | 74.36% | 78.57% | 83.19% | 88.34% | 93.93% | +1,957 bps | |
| Non-Interest Burden | 2.08% | 2.05% | 2.06% | 1.97% | 2.11% | 2.18% | 2.28% | 2.44% | +47 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.84% | 8.60% | 1.72% | 5.98% | -0.77% | -2.43% | -0.13% | -7.82% | -1,380 bps | |
| Loan Growth (YoY) | 1.37% | 3.74% | -1.50% | -2.20% | -3.70% | -6.07% | -6.86% | -8.30% | -610 bps | |
| Deposit Growth (YoY) | 6.12% | 9.48% | 1.56% | 6.53% | -1.03% | -2.90% | -0.12% | -8.69% | -1,522 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 | 0.00% | 0.00% | 0.00% | 0.18% | 0.14% | 0.80% | 1.01% | 0.75% | +57 bps | |
| Allowance / Loans | 1.94% | 1.87% | 1.89% | 1.85% | 2.18% | 1.96% | 1.67% | 1.57% | -29 bps | |
| 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 | 12.75% | 12.54% | 12.53% | n/a | |
| Total Risk-Based Capital | 30.28% | 30.20% | 30.30% | 30.21% | 31.23% | 31.22% | 31.26% | 32.12% | +191 bps | |
| Equity / Assets | 12.43% | 12.48% | 12.53% | 12.01% | 12.72% | 12.96% | 12.58% | 12.89% | +88 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 42.47% | 43.89% | 43.91% | 40.56% | 41.33% | 42.46% | 40.94% | 40.73% | +17 bps | |
| Liquid Assets / Assets | 50.84% | 50.00% | 51.70% | 51.14% | 54.57% | 53.68% | 48.91% | 46.11% | -502 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |