Fitchburg, MA · Cert 29962
FDIC · 3 branches
Q4 2019
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2019, the quarter ended December 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.
Fitchburg, MA · Cert 29962
FDIC · 3 branches
Q4 2019
Market Position · Boston-Cambridge-Newton, MA-NH · 2019 SOD (annual) · 0.0% share · #100 of 119 inst. · $0.1B of $357.4B
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 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.14% | 0.11% | 0.10% | 0.09% | 0.00% | -0.08% | -0.82% | -1.75% | -184 bps | |
| Return on Equity | 1.24% | 0.98% | 0.85% | 0.77% | 0.03% | -0.66% | -6.96% | -15.09% | -1,586 bps | |
| Net Interest Margin | 2.38% | 2.37% | 2.33% | 2.32% | 2.30% | 2.32% | 2.32% | 2.37% | +5 bps | |
| Efficiency Ratio | 94.55% | 95.93% | 96.50% | 96.88% | 100.00% | 103.37% | 137.70% | 182.89% | +8,601 bps | |
| Non-Interest Burden | 2.23% | 2.26% | 2.24% | 2.23% | 2.30% | 2.41% | 3.34% | 4.65% | +241 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.86% | 3.56% | -0.46% | 2.13% | -1.88% | -3.67% | -2.99% | -7.81% | -994 bps | |
| Loan Growth (YoY) | 1.93% | 3.59% | 1.22% | 0.55% | 2.63% | -2.45% | -3.64% | -4.45% | -501 bps | |
| Deposit Growth (YoY) | 5.38% | 3.31% | 0.03% | 2.36% | -2.63% | -3.76% | -3.59% | -8.53% | -1,090 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.84% | 1.02% | 1.28% | 1.29% | 1.28% | 1.30% | 1.30% | 1.24% | -5 bps | |
| Net Charge-Offs / Loans | 0.00% | -0.04% | -0.02% | -0.01% | -0.04% | -0.02% | -0.01% | 0.00% | +1 bps | |
| Allowance / Loans | 0.61% | 0.61% | 0.62% | 0.62% | 0.63% | 0.64% | 0.65% | 0.65% | +3 bps | |
| Allowance Coverage of NPLs | 0.7x | 0.6x | 0.5x | 0.5x | 0.5x | 0.5x | 0.5x | 0.5x | 0.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.81% | 11.85% | 11.84% | 11.82% | 12.03% | 12.09% | 11.61% | 10.80% | -102 bps | |
| Total Risk-Based Capital | 25.48% | 24.74% | 24.60% | 24.15% | 24.33% | 24.66% | 23.84% | 21.97% | -218 bps | |
| Equity / Assets | 11.22% | 11.25% | 11.25% | 11.32% | 11.76% | 12.27% | 11.74% | 10.95% | -37 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.97% | 79.63% | 79.50% | 77.65% | 80.07% | 80.72% | 79.46% | 81.12% | +346 bps | |
| Liquid Assets / Assets | 4.52% | 2.80% | 1.99% | 4.52% | 2.45% | 2.25% | 4.14% | 3.57% | -95 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |