West Springfield, MA · Cert 26486
FDIC
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
West Springfield, MA · Cert 26486
FDIC
Q1 2014
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 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.78% | 0.77% | 0.34% | 0.86% | 0.78% | 0.78% | 0.79% | 0.85% | -1 bps | |
| Return on Equity | 6.34% | 6.30% | 2.77% | 6.81% | 6.37% | 6.45% | 6.52% | 7.05% | +23 bps | |
| Net Interest Margin | 3.22% | 3.23% | 2.34% | 3.49% | 3.40% | 3.30% | 3.24% | 3.19% | -30 bps | |
| Efficiency Ratio | 68.25% | 67.12% | 79.22% | 64.42% | 66.83% | 65.93% | 66.11% | 64.45% | +3 bps | |
| Non-Interest Burden | 2.02% | 1.98% | 1.78% | 2.13% | 2.17% | 2.06% | 2.04% | 1.95% | -19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.95% | 5.33% | 48.53% | 46.48% | 48.43% | 47.89% | 3.37% | 1.43% | -4,506 bps | |
| Loan Growth (YoY) | 6.43% | 9.88% | 61.91% | 61.41% | 59.88% | 55.38% | 3.54% | 1.00% | -6,042 bps | |
| Deposit Growth (YoY) | 5.95% | 7.19% | 51.34% | 48.91% | 52.82% | 51.79% | 5.24% | 3.12% | -4,579 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 | 0.13% | 0.11% | 0.12% | 0.07% | 0.09% | 0.10% | 0.15% | 0.09% | +2 bps | |
| Allowance / Loans | 1.01% | 1.03% | 0.66% | 0.69% | 0.70% | 0.72% | 0.71% | 0.73% | +4 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 | 15.23% | 14.77% | 13.61% | 13.64% | 12.58% | 12.94% | 13.09% | 13.57% | -7 bps | |
| Equity / Assets | 12.13% | 12.16% | 12.52% | 12.58% | 11.67% | 11.66% | 11.83% | 12.20% | -38 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.26% | 94.06% | 97.37% | 96.78% | 95.48% | 96.28% | 95.79% | 94.79% | -199 bps | |
| Liquid Assets / Assets | 7.27% | 6.11% | 3.52% | 4.45% | 4.63% | 4.88% | 5.31% | 5.73% | +128 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |