PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Allmerica Trust Company National Association

Worcester, MA · Cert 33706

FDIC

Q1 2005

$3.3MAssets
n/aLoans
n/aDeposits
$3.3MEquity

Executive Summary

  • Earnings: ROA of -1.92%, down 192 bps year over year; NIM at 1.08%.

Return on Assets (YTD, annualized)

-1.92%-192 bps YoY

Net Interest Margin (YTD, annualized)

1.08%+12 bps YoY

Efficiency Ratio (YTD, annualized)

356%+20,794 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

1.19%Q1 ’030.96%Q1 ’041.08%Q1 ’05-20%+13%

Non-interest income vs. expense

4.05%Q1 ’033.71%Q1 ’043.84%Q1 ’05-9%+78%

Year to date, annualized, through each quarter.

MetricQ2 2003Q3 2003Q4 2003Q1 2004Q2 2004Q3 2004Q4 2004Q1 2005YoY ΔTrend
Earnings
Return on Assets0.48%-0.16%0.15%0.00%0.78%-0.28%-0.12%-1.92%-192 bps
Return on Equity0.48%-0.16%0.15%0.00%0.78%-0.28%-0.12%-1.92%-192 bps
Net Interest Margin1.37%1.27%1.25%0.96%1.02%0.80%0.75%1.08%+12 bps
Efficiency Ratio90.00%108.33%89.58%147.62%74.42%126.09%113.73%356%+20,794 bps
Non-Interest Burden1.07%1.51%0.95%2.16%0.36%1.28%0.96%3.84%+168 bps
Growth
Asset Growth (YoY)0.93%0.42%-0.12%-0.45%-0.74%-0.80%-0.60%-0.27%+18 bps
Loan Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Deposit Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital714%723%564%494%450%508%508%447%-4,668 bps
Equity / Assets99.26%99.29%99.58%99.79%100.00%99.94%99.94%99.73%-6 bps
Liquidity & Funding
Loans / Depositsn/an/an/an/an/an/an/an/an/an/a
Liquid Assets / Assets27.99%28.18%39.30%39.48%46.49%46.80%46.82%50.22%+1,074 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a