Milford, MA · Cert 2615
FDIC · 4 branches
Q3 2018
Market Position · Worcester, MA-CT · 2018 SOD (annual) · 1.6% share · #20 of 37 inst. · $0.3B of $18.4B
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 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.58% | 0.50% | 0.60% | 0.58% | 0.43% | 0.87% | 0.44% | 0.58% | 0 bps | |
| Return on Equity | 6.63% | 5.82% | 6.95% | 6.66% | 4.98% | 10.60% | 5.41% | 7.00% | +34 bps | |
| Net Interest Margin | 3.43% | 3.58% | 3.66% | 3.71% | 3.61% | 3.77% | 3.48% | 3.51% | -20 bps | |
| Efficiency Ratio | 74.68% | 77.49% | 74.47% | 74.81% | 75.31% | 69.97% | 82.89% | 78.41% | +361 bps | |
| Non-Interest Burden | 2.40% | 2.63% | 2.57% | 2.62% | 2.57% | 2.47% | 2.79% | 2.64% | +2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.90% | 9.14% | 8.87% | 3.99% | 9.71% | 9.69% | 8.35% | 8.91% | +492 bps | |
| Loan Growth (YoY) | 12.05% | 13.24% | 5.65% | 1.63% | 9.01% | 9.71% | 13.51% | 10.45% | +882 bps | |
| Deposit Growth (YoY) | 0.27% | 2.01% | 8.07% | 4.81% | 11.59% | 6.59% | 3.94% | 6.76% | +195 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.74% | 0.71% | 0.94% | 0.71% | 0.48% | 0.48% | 0.48% | -46 bps | |
| Net Charge-Offs / Loans | 0.06% | 0.00% | 0.01% | 0.02% | 0.01% | -0.10% | -0.04% | 0.03% | +1 bps | |
| Allowance / Loans | 1.29% | 1.31% | 1.36% | 1.41% | 1.34% | 1.34% | 1.35% | 1.38% | -2 bps | |
| Allowance Coverage of NPLs | n/a | 1.8x | 1.9x | 1.5x | 1.9x | 2.8x | 2.8x | 2.9x | +1.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.90% | 8.82% | 8.93% | 9.27% | 8.94% | 8.59% | 8.42% | 8.58% | -69 bps | |
| Total Risk-Based Capital | 12.80% | 12.63% | 13.07% | 13.34% | 12.55% | 12.40% | 12.29% | 12.98% | -37 bps | |
| Equity / Assets | 8.63% | 8.56% | 8.62% | 8.93% | 8.21% | 8.19% | 8.16% | 8.49% | -45 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.38% | 99.46% | 97.28% | 97.49% | 100.99% | 102.37% | 106.23% | 100.85% | +336 bps | |
| Liquid Assets / Assets | 3.44% | 3.45% | 6.12% | 4.22% | 4.33% | 4.00% | 3.00% | 4.74% | +51 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |