Waltham, MA · Cert 26943
FDIC
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, 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.
Waltham, MA · Cert 26943
FDIC
Q1 2005
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 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.86% | 0.86% | 0.84% | 0.55% | 0.60% | 0.44% | 0.41% | 0.17% | -38 bps | |
| Return on Equity | 10.51% | 10.50% | 10.19% | 6.78% | 7.78% | 5.96% | 5.60% | 2.42% | -436 bps | |
| Net Interest Margin | 3.37% | 3.30% | 3.24% | 3.28% | 2.99% | 2.79% | 2.86% | 2.98% | -30 bps | |
| Efficiency Ratio | 69.39% | 69.06% | 69.03% | 78.78% | 75.70% | 79.40% | 79.88% | 85.71% | +694 bps | |
| Non-Interest Burden | 1.94% | 1.88% | 1.84% | 2.37% | 2.02% | 2.02% | 2.09% | 2.41% | +5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.98% | 3.12% | 3.43% | 12.71% | 26.19% | 25.89% | 23.13% | 16.50% | +379 bps | |
| Loan Growth (YoY) | 5.97% | 4.38% | 13.69% | 15.00% | 22.12% | 33.42% | 25.96% | 26.08% | +1,109 bps | |
| Deposit Growth (YoY) | 5.28% | 2.02% | 3.25% | 9.23% | 17.06% | 25.57% | 18.72% | 18.57% | +934 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% | 0.00% | 0.01% | -0.01% | 0.00% | 0.00% | 0.00% | -1 bps | |
| Allowance / Loans | 1.21% | 1.22% | 1.17% | 1.14% | 1.07% | 0.99% | 1.00% | 0.97% | -17 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 | 12.34% | 12.49% | 12.38% | 11.77% | 11.20% | 11.95% | 11.90% | 12.12% | +35 bps | |
| Equity / Assets | 8.42% | 8.35% | 8.29% | 7.83% | 7.08% | 6.83% | 6.87% | 6.98% | -85 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 76.95% | 77.03% | 80.38% | 81.22% | 80.28% | 81.84% | 85.28% | 86.36% | +514 bps | |
| Liquid Assets / Assets | 9.42% | 10.53% | 11.41% | 11.20% | 11.94% | 12.39% | 12.61% | 12.69% | +149 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |