Mansfield, MA · Cert 26448
FDIC · 4 branches
Q3 2020
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2020, the quarter ended September 30, 2020, 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.
Mansfield, MA · Cert 26448
FDIC · 4 branches
Q3 2020
Market Position · Providence-Warwick, RI-MA · 2020 SOD (annual) · 0.7% share · #17 of 28 inst. · $0.4B of $51.0B
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 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.62% | 0.43% | 0.45% | 0.59% | 0.52% | 0.41% | 0.44% | 0.43% | -17 bps | |
| Return on Equity | 6.26% | 4.18% | 4.38% | 5.70% | 4.93% | 3.88% | 4.27% | 4.13% | -156 bps | |
| Net Interest Margin | 3.17% | 3.07% | 3.06% | 3.02% | 3.01% | 2.97% | 2.54% | 2.41% | -61 bps | |
| Efficiency Ratio | 76.36% | 83.58% | 82.66% | 78.43% | 79.83% | 74.33% | 76.53% | 81.25% | +283 bps | |
| Non-Interest Burden | 2.32% | 2.50% | 2.46% | 2.27% | 2.31% | 2.04% | 1.81% | 1.85% | -42 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.62% | 3.53% | -0.70% | 1.49% | -0.13% | 4.67% | 13.56% | 12.30% | +1,081 bps | |
| Loan Growth (YoY) | 6.52% | 4.86% | 0.06% | -5.99% | -2.55% | -4.13% | -0.58% | 0.07% | +606 bps | |
| Deposit Growth (YoY) | 0.67% | 0.19% | -1.16% | 0.85% | 1.23% | 9.33% | 20.54% | 18.72% | +1,787 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.38% | 0.38% | 0.21% | 0.22% | 0.34% | 0.32% | 0.50% | 0.53% | +31 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.09% | 0.06% | 0.05% | 0.00% | 0.00% | 0.00% | -6 bps | |
| Allowance / Loans | 1.06% | 1.06% | 1.03% | 1.06% | 1.08% | 1.21% | 1.17% | 1.16% | +11 bps | |
| Allowance Coverage of NPLs | 2.8x | 2.8x | 5.0x | 4.8x | 3.2x | 3.8x | 2.3x | 2.2x | -2.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.23% | 10.35% | 10.43% | 10.62% | 10.74% | 10.79% | 10.07% | 9.81% | -81 bps | |
| Total Risk-Based Capital | 15.16% | 15.19% | 15.45% | 15.87% | 15.68% | 16.10% | 16.39% | 17.17% | +130 bps | |
| Equity / Assets | 10.16% | 10.29% | 10.52% | 10.66% | 10.90% | 10.50% | 9.89% | 10.00% | -66 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.86% | 104.86% | 104.41% | 96.41% | 99.97% | 91.96% | 86.12% | 81.27% | -1,514 bps | |
| Liquid Assets / Assets | 1.79% | 2.00% | 2.09% | 8.30% | 4.65% | 9.95% | 14.40% | 17.14% | +884 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |