Beverly, MA · Cert 26601
FDIC · 7 branches
Q3 2019
Market Position · Boston-Cambridge-Newton, MA-NH · 2019 SOD (annual) · 0.1% share · #56 of 119 inst. · $0.4B of $357.4B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.19% | 0.68% | 0.69% | 0.71% | 0.77% | 0.71% | 0.35% | 0.05% | -66 bps | |
| Return on Equity | 2.21% | 7.86% | 8.21% | 8.44% | 9.07% | 8.34% | 4.05% | 0.59% | -785 bps | |
| Net Interest Margin | 3.31% | 3.07% | 3.12% | 3.13% | 3.14% | 3.14% | 3.15% | 2.82% | -30 bps | |
| Efficiency Ratio | 70.75% | 77.60% | 72.51% | 71.61% | 68.66% | 74.78% | 86.77% | 97.89% | +2,628 bps | |
| Non-Interest Burden | 2.22% | 2.32% | 2.18% | 2.16% | 2.07% | 2.27% | 2.69% | 2.76% | +60 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.56% | 10.98% | 9.65% | 6.43% | 8.89% | 8.19% | 6.15% | 5.44% | -99 bps | |
| Loan Growth (YoY) | 7.45% | 7.85% | 9.37% | 11.06% | 10.15% | 11.83% | 9.53% | 8.09% | -297 bps | |
| Deposit Growth (YoY) | 3.19% | 5.33% | 4.39% | 0.96% | 9.38% | 11.92% | 7.81% | 9.27% | +831 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.25% | 0.35% | 0.35% | 0.33% | 0.35% | 0.22% | 0.22% | 0.23% | -10 bps | |
| Net Charge-Offs / Loans | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | +2 bps | |
| Allowance / Loans | 1.09% | 1.06% | 1.04% | 1.02% | 1.02% | 0.99% | 0.99% | 0.99% | -3 bps | |
| Allowance Coverage of NPLs | 4.4x | 3.1x | 3.0x | 3.1x | 2.9x | 4.5x | 4.5x | 4.3x | +1.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.85% | 8.75% | 8.60% | 8.68% | 8.68% | 8.69% | 8.59% | 8.53% | -15 bps | |
| Total Risk-Based Capital | 13.18% | 12.92% | 12.75% | 12.73% | 12.70% | 12.42% | 12.34% | 12.45% | -28 bps | |
| Equity / Assets | 8.75% | 8.53% | 8.33% | 8.51% | 8.53% | 8.56% | 8.53% | 8.65% | +14 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 99.96% | 101.82% | 100.57% | 103.08% | 100.66% | 101.74% | 102.18% | 101.97% | -111 bps | |
| Liquid Assets / Assets | 0.82% | 0.86% | 0.64% | 0.64% | 0.49% | 0.59% | 0.52% | 0.88% | +24 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |