PackageTrendsPeer
Letter portraitLegal landscape

Mayflower Co-operative Bank

Middleboro, MA · Cert 26553

FDIC

Q3 2013

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2013, the quarter ended September 30, 2013, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

Mayflower Co-operative Bank

Middleboro, MA · Cert 26553

FDIC

Q3 2013

$244.1MAssets
$130.7MLoans
$220.1MDeposits
$22.0MEquity
Loan mix
96%RE $116.0M3%C&I $3.6M1%Consumer $1.2MQ3 2012Q3 2013
Deposit mix
90%Interest-bearing $197.3M10%Noninterest $22.7MQ3 2012Q3 2013

NIM

4.08%Q3 ’113.82%Q3 ’123.41%Q3 ’13-2%-9%

Non-interest income vs. expense

3.27%Q3 ’113.24%Q3 ’123.41%Q3 ’13-7%+12%

Executive Summary

  • Earnings: ROA of 0.20%, down 39 bps year over year; NIM at 3.06%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 59.37% of deposits as of Q3 2013.

Financial Results

Return on Assets (YTD, annualized)

0.20%-39 bps YoY

Net Interest Margin (YTD, annualized)

3.06%-30 bps YoY

Efficiency Ratio (YTD, annualized)

90.96%+1,402 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.59%0.60%0.46%0.31%0.20%-39 bps
Return on Equity6.68%6.83%5.28%3.51%2.22%-446 bps
Net Interest Margin3.36%3.30%3.02%3.04%3.06%-30 bps
Efficiency Ratio76.95%76.95%82.33%86.58%90.96%+1,402 bps
Non-Interest Burden2.51%2.47%2.44%2.61%2.80%+29 bps
Growth
Asset Growth (YoY)1.52%2.92%3.90%-1.22%-2.91%-443 bps
Loan Growth (YoY)10.29%14.89%3.67%0.36%-3.09%-1,339 bps
Deposit Growth (YoY)1.95%3.40%4.03%-1.32%-3.08%-502 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.08%0.06%-0.01%-0.01%-0.01%-9 bps
Allowance / Loans0.89%0.84%0.86%0.89%0.93%+4 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital17.75%17.58%17.69%18.43%19.00%+125 bps
Equity / Assets8.91%8.84%8.64%8.81%9.01%+10 bps
Liquidity & Funding
Loans / Deposits59.38%62.19%59.38%60.27%59.37%-1 bps
Liquid Assets / Assets22.07%20.04%20.89%20.06%20.91%-116 bps
CRE / Total Capitaln/an/an/an/an/an/an/a