Boston, MA · Cert 33510
FDIC · 43 branches
Q3 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2021, the quarter ended September 30, 2021, 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 33510
FDIC · 43 branches
Q3 2021
Market Position · Boston-Cambridge-Newton, MA-NH · 2021 SOD (annual) · 1.0% share · #12 of 116 inst. · $4.9B of $514.5B
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 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.98% | 1.01% | 1.49% | 1.29% | 1.26% | +28 bps | |
| Return on Equity | 9.00% | 9.24% | 12.93% | 11.14% | 10.69% | +169 bps | |
| Net Interest Margin | 3.02% | 3.02% | 2.96% | 3.04% | 3.08% | +6 bps | |
| Efficiency Ratio | 46.98% | 46.32% | 50.13% | 51.70% | 50.93% | +394 bps | |
| Non-Interest Burden | 1.25% | 1.24% | 1.39% | 1.48% | 1.47% | +22 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 3.37% | 4.52% | 2.41% | -2.04% | -6.68% | -1,005 bps | |
| Loan Growth (YoY) | -1.52% | -3.99% | -7.01% | -12.45% | -13.24% | -1,172 bps | |
| Deposit Growth (YoY) | -0.17% | 3.20% | 5.75% | 1.37% | -4.78% | -461 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.06% | 0.06% | 0.06% | 0.21% | 0.14% | +8 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.01% | 0.00% | 0.10% | +10 bps | |
| Allowance / Loans | 1.19% | 1.25% | 1.20% | 1.28% | 1.24% | +4 bps | |
| Allowance Coverage of NPLs | 18.8x | 21.8x | 20.3x | 6.1x | 8.8x | -10.0x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 10.98% | 11.16% | 11.21% | 11.26% | 11.90% | +92 bps | |
| Total Risk-Based Capital | 10.98% | 11.16% | 11.21% | 11.26% | 11.90% | +92 bps | |
| Equity / Assets | 10.92% | 11.20% | 11.79% | 11.83% | 12.45% | +153 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 114.00% | 108.38% | 103.70% | 102.04% | 103.87% | -1,013 bps | |
| Liquid Assets / Assets | 10.24% | 13.34% | 15.44% | 16.94% | 16.60% | +636 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |