Jamaica Plain, MA · Cert 26662
FDIC
Q1 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2008, the quarter ended March 31, 2008, 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.
Jamaica Plain, MA · Cert 26662
FDIC
Q1 2008
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 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.22% | -0.01% | 0.05% | -0.35% | -0.32% | -0.25% | -0.29% | -1.20% | -85 bps | |
| Return on Equity | -1.99% | -0.09% | 0.41% | -3.05% | -2.79% | -2.19% | -2.55% | -10.75% | -770 bps | |
| Net Interest Margin | 4.07% | 4.21% | 4.17% | 3.71% | 3.82% | 3.72% | 3.75% | 3.37% | -34 bps | |
| Efficiency Ratio | 105.17% | 100.23% | 98.94% | 108.91% | 107.98% | 106.18% | 108.76% | 133.63% | +2,472 bps | |
| Non-Interest Burden | 4.29% | 4.22% | 4.12% | 4.07% | 4.15% | 3.96% | 4.10% | 4.59% | +52 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.86% | -5.21% | -8.63% | -3.85% | -0.24% | -1.08% | 2.40% | -0.37% | +348 bps | |
| Loan Growth (YoY) | -16.12% | -10.05% | -9.66% | -8.03% | -3.71% | -9.26% | -9.11% | -13.71% | -568 bps | |
| Deposit Growth (YoY) | -3.83% | -5.50% | -9.40% | -3.59% | 0.46% | -0.54% | 3.01% | 0.05% | +364 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 | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.06% | 0.04% | 0.00% | 0 bps | |
| Allowance / Loans | 1.10% | 1.11% | 1.12% | 1.13% | 1.14% | 1.17% | 1.43% | 1.51% | +38 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 | 24.02% | 24.59% | 24.99% | 24.76% | 24.31% | 25.90% | 26.05% | 26.61% | +186 bps | |
| Equity / Assets | 11.25% | 11.38% | 11.59% | 11.38% | 11.10% | 11.19% | 11.21% | 11.10% | -28 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 70.73% | 70.25% | 71.39% | 70.05% | 67.80% | 64.09% | 62.99% | 60.42% | -964 bps | |
| Liquid Assets / Assets | 31.82% | 32.26% | 33.94% | 32.97% | 30.83% | 34.12% | 36.63% | 32.17% | -80 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |