Somerville, MA · Cert 26646
FDIC
Q3 2012
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2012, the quarter ended September 30, 2012, 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.
Somerville, MA · Cert 26646
FDIC
Q3 2012
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 2010 | Q1 2011 | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.48% | 0.30%1 | 0.27%1 | 0.27%1 | 0.29% | 0.17% | -0.11% | 0.11%1 | -16 bps | |
| Return on Equity | 5.08% | 2.87% | 2.60% | 2.58% | 2.84% | 1.76% | -1.20% | 1.16% | -142 bps | |
| Net Interest Margin | 3.49% | 3.25% | 3.31% | 3.26% | 3.22% | 3.04% | 2.92% | 2.86% | -40 bps | |
| Efficiency Ratio | 73.76% | 91.61% | 90.68% | 88.52% | 85.88% | 90.94% | 100.06% | 93.81% | +530 bps | |
| Non-Interest Burden | 2.48% | 2.96% | 2.97% | 2.85% | 2.72% | 2.73% | 2.92% | 2.66% | -19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -8.25% | -10.16% | -5.66% | -2.46% | 1.71% | 7.38% | 13.80% | 7.48% | +994 bps | |
| Loan Growth (YoY) | -13.85% | -14.65% | -6.96% | 0.27% | 3.84% | 13.87% | 17.22% | 10.51% | +1,024 bps | |
| Deposit Growth (YoY) | -5.60% | -8.92% | -4.86% | -0.77% | 2.43% | 11.86% | 12.72% | 5.90% | +666 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 | 0.05% | 0.06% | 0.01% | 0.18% | 0.23% | 0.10% | 0.16% | 0.15% | -3 bps | |
| Allowance / Loans | 0.92% | 0.99% | 1.06% | 0.96% | 0.97% | 0.95% | 0.85% | 0.88% | -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 | 16.24% | 16.72% | 16.38% | 15.85% | 15.28% | 14.83% | 14.05% | 14.73% | -112 bps | |
| Equity / Assets | 10.05% | 10.71% | 10.54% | 10.19% | 9.67% | 9.73% | 8.94% | 9.31% | -88 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 123.98% | 126.85% | 130.79% | 128.96% | 125.69% | 129.13% | 136.01% | 134.57% | +561 bps | |
| Liquid Assets / Assets | 9.19% | 7.57% | 4.25% | 4.55% | 6.20% | 0.60% | 0.92% | 1.86% | -268 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |