Lowell, MA · Cert 26467
FDIC · 2 branches
Q2 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2018, the quarter ended June 30, 2018, 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.
Lowell, MA · Cert 26467
FDIC · 2 branches
Q2 2018
Market Position · Boston-Cambridge-Newton, MA-NH · 2018 SOD (annual) · 0.0% share · #97 of 126 inst. · $0.1B of $348.3B
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 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -1.50% | -1.25% | -1.38% | -1.18% | -0.94% | +56 bps | |
| Return on Equity | -17.92% | -15.26% | -17.12% | -16.12% | -13.06% | +486 bps | |
| Net Interest Margin | 3.06% | 3.15% | 3.08% | 3.19% | 3.17% | +12 bps | |
| Efficiency Ratio | 118.22% | 114.25% | 115.93% | 122.70% | 116.06% | -215 bps | |
| Non-Interest Burden | 4.64% | 4.45% | 4.44% | 4.66% | 4.30% | -34 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -10.46% | -5.55% | -1.42% | -2.72% | 1.45% | +1,192 bps | |
| Loan Growth (YoY) | -5.69% | 0.09% | 7.25% | 6.05% | 0.23% | +592 bps | |
| Deposit Growth (YoY) | -8.57% | -11.71% | -10.82% | -14.06% | -16.79% | -821 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 1.96% | 1.65% | 1.66% | 1.50% | 1.68% | -28 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.64% | 0.64% | 0.66% | 0.60% | 0.61% | -3 bps | |
| Allowance Coverage of NPLs | 0.3x | 0.4x | 0.4x | 0.4x | 0.4x | 0.0x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 8.35% | 8.19% | 7.47% | 7.24% | 7.24% | -111 bps | |
| Total Risk-Based Capital | 14.38% | 13.67% | 12.94% | 12.50% | 12.42% | -196 bps | |
| Equity / Assets | 8.18% | 7.67% | 7.43% | 7.22% | 6.96% | -122 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 122.45% | 137.71% | 140.95% | 138.04% | 147.49% | +2,504 bps | |
| Liquid Assets / Assets | 5.60% | 4.05% | 2.18% | 4.21% | 7.01% | +141 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |