Whitman, MA · Cert 29755
FDIC · 9 branches
Q1 2019
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2019, the quarter ended March 31, 2019, 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.
Whitman, MA · Cert 29755
FDIC · 9 branches
Q1 2019
Market Position · Boston-Cambridge-Newton, MA-NH · 2018 SOD (annual) · 0.1% share · #55 of 126 inst. · $0.4B of $348.3B
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 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.51% | 0.60% | 0.49% | 0.85% | 0.73% | 0.73% | 0.68% | 0.89% | +4 bps | |
| Return on Equity | 5.97% | 7.03% | 5.65% | 9.86% | 8.31% | 8.26% | 7.68% | 9.95% | +9 bps | |
| Net Interest Margin | 2.84% | 2.88% | 2.89% | 3.08% | 3.10% | 3.13% | 3.06% | 3.08% | 0 bps | |
| Efficiency Ratio | 84.81% | 79.84% | 85.24% | 72.71% | 76.28% | 76.11% | 78.36% | 72.14% | -57 bps | |
| Non-Interest Burden | 2.28% | 2.12% | 2.37% | 2.00% | 2.16% | 2.17% | 2.21% | 1.97% | -2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.55% | 7.16% | 7.26% | 6.88% | 1.20% | 1.90% | 1.29% | 4.20% | -268 bps | |
| Loan Growth (YoY) | 7.77% | 9.86% | 10.25% | 7.01% | 1.63% | 0.75% | 1.47% | 5.98% | -103 bps | |
| Deposit Growth (YoY) | 10.60% | 9.18% | 11.62% | 8.48% | 4.20% | 5.37% | 2.28% | 3.89% | -459 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.39% | 0.37% | 0.42% | 0.40% | 0.43% | 0.41% | 0.81% | 0.79% | +39 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.01% | 0.03% | 0.07% | 0.09% | 0.11% | 0.31% | +28 bps | |
| Allowance / Loans | 0.93% | 0.93% | 0.95% | 0.98% | 0.97% | 0.94% | 0.88% | 0.79% | -19 bps | |
| Allowance Coverage of NPLs | 2.4x | 2.5x | 2.2x | 2.5x | 2.3x | 2.3x | 1.1x | 1.0x | -1.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.87% | 8.96% | 8.98% | 9.19% | 9.42% | 9.63% | 9.54% | 9.60% | +41 bps | |
| Total Risk-Based Capital | 13.92% | 13.89% | 13.93% | 14.29% | 14.57% | 14.43% | 14.28% | 14.17% | -12 bps | |
| Equity / Assets | 8.52% | 8.52% | 8.56% | 8.75% | 9.10% | 8.99% | 8.99% | 8.94% | +19 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 96.31% | 97.06% | 96.28% | 90.70% | 93.94% | 92.80% | 95.52% | 92.52% | +183 bps | |
| Liquid Assets / Assets | 0.22% | 0.15% | 0.90% | 2.75% | 0.74% | 3.00% | 1.86% | 2.58% | -17 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |