Merrimac, MA · Cert 26583
FDIC
Q4 2011
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | Q3 2011 | Q4 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.15% | 0.13% | 0.13% | 0.15% | 0.17% | 0.10% | 0.05% | -1.07% | -122 bps | |
| Return on Equity | 1.47% | 1.30% | 1.30% | 1.45% | 1.61% | 0.96% | 0.48% | -10.97% | -1,243 bps | |
| Net Interest Margin | 3.41% | 3.26% | 3.40% | 3.35% | 3.51% | 3.18% | 3.12% | 3.39% | +4 bps | |
| Efficiency Ratio | 83.80% | 83.72% | 92.27% | 90.00% | 91.44% | 93.90% | 97.12% | 112.95% | +2,295 bps | |
| Non-Interest Burden | 2.83% | 2.70% | 3.12% | 3.00% | 3.20% | 2.97% | 3.03% | 3.85% | +85 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.53% | 0.91% | 0.12% | -1.29% | 1.58% | -4.39% | 4.82% | 6.88% | +817 bps | |
| Loan Growth (YoY) | 3.56% | 1.50% | -0.61% | -2.28% | -2.82% | -4.02% | -4.88% | -5.82% | -354 bps | |
| Deposit Growth (YoY) | 0.31% | 0.81% | -0.04% | -1.53% | 1.67% | -4.97% | 5.28% | 7.77% | +929 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% | 1.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.63% | 0.75% | 0.36% | 0.46% | 0.48% | 0.51% | 0.54% | 0.55% | +9 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 | 20.28% | 20.43% | 20.50% | 21.03% | 20.74% | 21.27% | 21.18% | 23.07% | +204 bps | |
| Equity / Assets | 10.03% | 9.76% | 10.12% | 10.56% | 10.00% | 10.33% | 9.75% | 9.82% | -74 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.39% | 83.73% | 86.37% | 89.49% | 83.52% | 84.57% | 78.03% | 78.21% | -1,128 bps | |
| Liquid Assets / Assets | 10.07% | 13.33% | 10.35% | 7.70% | 13.62% | 12.68% | 16.86% | 24.47% | +1,678 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |