Boston, MA · Cert 27229
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.
Boston, MA · Cert 27229
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 | 21.40% | 7.07% | 1.25% | 0.26% | -0.56% | -1.44% | -10.13% | 0.37% | +10 bps | |
| Return on Equity | 59.71% | 15.81% | 1.66% | 0.29% | -0.63% | -1.60% | -11.23% | 0.41% | +12 bps | |
| Net Interest Margin | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.06% | 0.32% | +32 bps | |
| Efficiency Ratio | 88.54% | 93.21% | 88.19% | 91.05% | 96.95% | 96.05% | 103.93% | 88.45% | -260 bps | |
| Non-Interest Burden | -21.48% | -10.20% | -0.39% | 0.41% | 1.83% | 1.58% | 17.51% | -0.40% | -81 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -57.16% | -10.40% | 620% | 824% | 791% | 649% | -6.86% | -6.02% | -82,960 bps | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Deposit Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 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 | 43.61% | 70.38% | 52.83% | 79.57% | 58.75% | 59.77% | 104.17% | 98.94% | +1,938 bps | |
| Equity / Assets | 43.07% | 68.59% | 90.97% | 90.47% | 88.67% | 90.20% | 91.01% | 85.84% | -462 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 4.11% | 8.17% | 13.90% | +1,390 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |