Sharon, MA · Cert 26446
FDIC
Q1 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2007, the quarter ended March 31, 2007, 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.
Sharon, MA · Cert 26446
FDIC
Q1 2007
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 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.36% | 0.33% | 0.09% | 0.31% | 0.30% | 0.27% | 0.23% | -0.09% | -41 bps | |
| Return on Equity | 3.60% | 3.32% | 0.93% | 3.25% | 3.09% | 2.70% | 2.29% | -0.89% | -414 bps | |
| Net Interest Margin | 3.17% | 2.94% | 2.76% | 2.99% | 2.82% | 2.95% | 2.89% | 2.57% | -42 bps | |
| Efficiency Ratio | 81.70% | 83.13% | 94.67% | 83.24% | 83.48% | 85.35% | 87.73% | 103.69% | +2,045 bps | |
| Non-Interest Burden | 2.55% | 2.40% | 2.60% | 2.46% | 2.32% | 2.49% | 2.50% | 2.67% | +21 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.86% | 2.98% | 6.95% | 8.04% | 1.65% | -2.77% | -5.13% | -6.62% | -1,466 bps | |
| Loan Growth (YoY) | -2.90% | -0.49% | 1.79% | 1.92% | -3.41% | -2.24% | -7.16% | -7.22% | -914 bps | |
| Deposit Growth (YoY) | 0.59% | 3.72% | 7.73% | 8.63% | 1.44% | -3.96% | -6.36% | -7.75% | -1,638 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% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.46% | 0.49% | 0.49% | 0.49% | 0.52% | 0.51% | 0.44% | 0.44% | -5 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 | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 25.72% | 21.08% | 11.84% | 19.21% | 19.47% | 19.66% | 18.93% | 20.57% | +137 bps | |
| Equity / Assets | 10.07% | 9.44% | 9.55% | 9.61% | 10.21% | 10.46% | 10.67% | 10.69% | +108 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 70.83% | 66.68% | 67.55% | 65.97% | 67.44% | 67.88% | 66.97% | 66.35% | +38 bps | |
| Liquid Assets / Assets | 0.21% | 0.14% | 0.44% | 0.14% | 0.13% | 0.05% | 0.00% | 0.37% | +23 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |