Ipswich, MA · Cert 26452
FDIC
Q2 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2007, the quarter ended June 30, 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.
Ipswich, MA · Cert 26452
FDIC
Q2 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 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.85% | 0.80% | 0.80% | 0.73% | 0.72% | 0.67% | 0.50% | 0.44% | -29 bps | |
| Return on Equity | 11.34% | 10.80% | 11.47% | 10.58% | 10.41% | 9.69% | 7.37% | 6.54% | -404 bps | |
| Net Interest Margin | 2.74% | 2.64% | 2.76% | 2.58% | 2.41% | 2.27% | 2.08% | 1.99% | -58 bps | |
| Efficiency Ratio | 57.90% | 60.46% | 55.07% | 57.64% | 60.04% | 63.61% | 69.65% | 69.70% | +1,206 bps | |
| Non-Interest Burden | 1.52% | 1.54% | 1.45% | 1.41% | 1.38% | 1.39% | 1.41% | 1.35% | -7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 22.29% | 24.18% | 22.53% | 15.95% | 17.74% | 14.26% | 13.62% | 13.34% | -261 bps | |
| Loan Growth (YoY) | 29.75% | 32.44% | 27.51% | 23.20% | 18.19% | 12.96% | 15.25% | 20.75% | -245 bps | |
| Deposit Growth (YoY) | 19.78% | 19.61% | 15.21% | 8.50% | 6.77% | 5.81% | 8.15% | 16.37% | +788 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% | 0.01% | 0.01% | 0.00% | 0.00% | 0.05% | +4 bps | |
| Allowance / Loans | 0.54% | 0.52% | 0.52% | 0.52% | 0.52% | 0.53% | 0.51% | 0.47% | -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 | 12.81% | 12.54% | 12.49% | 12.24% | 12.37% | 12.60% | 12.30% | 12.66% | +41 bps | |
| Equity / Assets | 7.13% | 6.98% | 6.92% | 6.93% | 6.76% | 6.91% | 6.80% | 6.70% | -24 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.64% | 93.85% | 95.51% | 100.65% | 100.33% | 100.19% | 101.78% | 104.44% | +379 bps | |
| Liquid Assets / Assets | 13.18% | 11.98% | 12.79% | 11.52% | 14.68% | 13.18% | 11.59% | 6.04% | -547 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |