Boston, MA · Cert 27184
FDIC
Q4 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2006, the quarter ended December 31, 2006, 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.
Boston, MA · Cert 27184
FDIC
Q4 2006
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 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.77% | 1.70% | 1.56% | 1.54% | 1.11% | 1.39% | 1.07% | 0.94% | -60 bps | |
| Return on Equity | 20.49% | 20.36% | 19.39% | 19.71% | 15.41% | 18.98% | 14.56% | 13.03% | -668 bps | |
| Net Interest Margin | 6.20% | 6.14% | 6.13% | 5.81% | 5.71% | 5.18% | 5.14% | 5.18% | -63 bps | |
| Efficiency Ratio | 64.13% | 64.13% | 65.46% | 65.31% | 72.87% | 65.84% | 70.25% | 72.45% | +713 bps | |
| Non-Interest Burden | 3.40% | 3.27% | 3.53% | 3.34% | 3.81% | 2.40% | 2.88% | 3.15% | -19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.08% | -12.11% | 4.90% | 2.21% | -0.09% | 0.70% | 0.36% | 8.86% | +665 bps | |
| Loan Growth (YoY) | 14.46% | -0.34% | -1.68% | -1.68% | -3.27% | 0.23% | 3.52% | 15.39% | +1,707 bps | |
| Deposit Growth (YoY) | 0.39% | -10.67% | -0.43% | -0.62% | -1.43% | 3.30% | 13.11% | 17.98% | +1,859 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 | 0.41% | 0.48% | 0.34% | 0.32% | 0.22% | 0.48% | 0.37% | 0.28% | -5 bps | |
| Allowance / Loans | 2.21% | 2.03% | 2.04% | 1.84% | 1.74% | 1.58% | 1.58% | 1.34% | -50 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 | 19.27% | 18.17% | 18.09% | 16.35% | 17.86% | 17.69% | 17.91% | 16.19% | -16 bps | |
| Equity / Assets | 8.80% | 7.80% | 7.17% | 6.92% | 7.53% | 7.51% | 7.40% | 6.96% | +4 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 126.83% | 119.98% | 119.29% | 117.15% | 124.46% | 116.42% | 109.18% | 114.58% | -257 bps | |
| Liquid Assets / Assets | 0.20% | 0.19% | 0.20% | 0.20% | 0.15% | 0.14% | 0.13% | 0.14% | -6 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |