Bridgewater, MA · Cert 26550
FDIC
Q3 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2007, the quarter ended September 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.
Bridgewater, MA · Cert 26550
FDIC
Q3 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 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.54% | 0.75% | 0.64% | 0.60% | 0.51% | 0.55% | 0.41% | -0.02% | -62 bps | |
| Return on Equity | 6.92% | 8.54% | 6.92% | 6.35% | 5.37% | 5.42% | 3.91% | -0.18% | -654 bps | |
| Net Interest Margin | 3.13% | 3.96% | 4.10% | 4.10% | 4.11% | 3.97% | 4.04% | 4.06% | -4 bps | |
| Efficiency Ratio | 78.49% | 76.16% | 79.25% | 78.94% | 82.30% | 86.39% | 89.19% | 100.23% | +2,129 bps | |
| Non-Interest Burden | 2.42% | 2.97% | 3.21% | 3.20% | 3.35% | 3.40% | 3.56% | 4.07% | +87 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -5.89% | -8.99% | -18.24% | -20.65% | -8.46% | -8.02% | -5.80% | -10.04% | +1,061 bps | |
| Loan Growth (YoY) | 1.55% | 12.97% | -2.01% | -14.61% | -22.96% | -24.43% | -9.66% | -8.77% | +584 bps | |
| Deposit Growth (YoY) | -6.94% | -12.86% | -20.39% | -23.00% | -9.75% | -6.81% | -6.76% | -10.97% | +1,203 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 | 1.35% | 1.36% | 1.63% | 1.63% | 1.75% | 1.80% | 1.80% | 1.79% | +16 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 | 16.71% | 18.26% | 19.88% | 21.04% | 20.21% | 21.91% | 21.27% | 28.57% | +752 bps | |
| Equity / Assets | 8.55% | 9.08% | 10.14% | 10.39% | 9.85% | 10.34% | 11.19% | 11.61% | +122 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 57.02% | 60.84% | 55.08% | 55.71% | 48.67% | 49.33% | 53.36% | 57.08% | +138 bps | |
| Liquid Assets / Assets | 23.79% | 17.13% | 16.77% | 16.95% | 12.04% | 13.78% | 14.90% | 12.62% | -434 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |