Medford, MA · Cert 26572
FDIC
Q4 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2004, the quarter ended December 31, 2004, 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.
Medford, MA · Cert 26572
FDIC
Q4 2004
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 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.59% | 0.57% | 0.56% | 0.51% | 0.66% | 0.74% | 0.68% | 0.58% | +7 bps | |
| Return on Equity | 7.52% | 7.08% | 6.87% | 6.25% | 7.85% | 8.88% | 8.14% | 6.89% | +64 bps | |
| Net Interest Margin | 2.85% | 2.84% | 2.84% | 2.88% | 3.29% | 3.34% | 3.27% | 3.31% | +43 bps | |
| Efficiency Ratio | 71.48% | 73.90% | 73.60% | 75.66% | 72.85% | 70.05% | 70.52% | 74.96% | -71 bps | |
| Non-Interest Burden | 1.88% | 1.94% | 1.95% | 2.06% | 2.32% | 2.25% | 2.23% | 2.41% | +35 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 27.89% | 21.52% | 16.97% | 8.82% | 2.38% | 2.40% | 0.05% | 0.68% | -814 bps | |
| Loan Growth (YoY) | 10.83% | 14.27% | 12.76% | 11.87% | 15.29% | 11.35% | 14.69% | 18.24% | +638 bps | |
| Deposit Growth (YoY) | 32.64% | 28.43% | 20.62% | 9.63% | 5.97% | 2.30% | -2.18% | -5.30% | -1,493 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% | 0.26% | 0.16% | 0.12% | +12 bps | |
| Allowance / Loans | 0.86% | 0.83% | 0.83% | 0.94% | 0.94% | 0.81% | 0.81% | 0.80% | -14 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 | 14.77% | 15.35% | 15.37% | 14.62% | 15.21% | 15.13% | 14.14% | 14.16% | -47 bps | |
| Equity / Assets | 8.51% | 8.45% | 8.22% | 8.27% | 8.61% | 8.12% | 8.38% | 8.47% | +20 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.40% | 81.91% | 83.98% | 84.91% | 86.38% | 89.16% | 98.46% | 106.02% | +2,111 bps | |
| Liquid Assets / Assets | 0.17% | 0.19% | 1.67% | 0.93% | 4.37% | 3.30% | 2.69% | 2.64% | +172 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |