Vineyard Haven, MA · Cert 26603
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.
Vineyard Haven, MA · Cert 26603
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 | 0.73% | 0.84% | 0.64% | 0.68% | 0.68% | 0.62% | 0.46% | 0.57% | -11 bps | |
| Return on Equity | 9.48% | 11.02% | 8.53% | 9.10% | 9.01% | 8.05% | 6.04% | 7.46% | -164 bps | |
| Net Interest Margin | 3.77% | 3.70% | 3.48% | 3.46% | 3.45% | 3.36% | 3.31% | 3.31% | -15 bps | |
| Efficiency Ratio | 70.61% | 65.94% | 75.28% | 72.51% | 72.01% | 72.54% | 77.68% | 73.24% | +74 bps | |
| Non-Interest Burden | 2.54% | 2.31% | 2.52% | 2.39% | 2.36% | 2.32% | 2.48% | 2.32% | -7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 11.79% | 14.82% | 15.96% | 8.92% | 9.50% | 5.43% | 1.72% | 7.42% | -150 bps | |
| Loan Growth (YoY) | 13.02% | 15.10% | 13.89% | 11.02% | 9.44% | 5.67% | 3.83% | 6.59% | -443 bps | |
| Deposit Growth (YoY) | 17.09% | 17.96% | 9.85% | 4.96% | 1.32% | 0.15% | 1.86% | 1.28% | -367 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% | 0.01% | 0.01% | 0.00% | 0.00% | 0.04% | 0.03% | +2 bps | |
| Allowance / Loans | 0.41% | 0.40% | 0.40% | 0.42% | 0.42% | 0.43% | 0.42% | 0.42% | +1 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 | 12.55% | 12.04% | 11.82% | 12.49% | 12.56% | 12.65% | 12.42% | 12.61% | +12 bps | |
| Equity / Assets | 7.68% | 7.49% | 7.22% | 7.63% | 7.67% | 7.72% | 7.68% | 7.67% | +5 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 112.04% | 114.79% | 118.01% | 111.15% | 121.01% | 121.12% | 120.29% | 116.98% | +583 bps | |
| Liquid Assets / Assets | 2.29% | 2.08% | 1.87% | 1.82% | 1.70% | 1.59% | 1.47% | 1.33% | -49 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |