Simsbury, CT · Cert 33999
FDIC · 5 branches
Q3 2019
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2019, the quarter ended September 30, 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.
Simsbury, CT · Cert 33999
FDIC · 5 branches
Q3 2019
Market Position · Hartford-East Hartford-Middletown, CT · 2019 SOD (annual) · 0.9% share · #13 of 28 inst. · $0.4B of $46.3B
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 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.59% | 0.92% | 0.95% | 0.94% | 0.97% | 1.06% | 0.92% | 0.86% | -8 bps | |
| Return on Equity | 7.95% | 12.10% | 12.27% | 12.30% | 12.39% | 12.45% | 10.67% | 10.06% | -224 bps | |
| Net Interest Margin | 3.11% | 3.12% | 3.30% | 3.08% | 3.38% | 3.48% | 3.51% | 3.13% | +4 bps | |
| Efficiency Ratio | 73.41% | 68.92% | 68.68% | 68.26% | 67.96% | 68.19% | 72.89% | 72.38% | +412 bps | |
| Non-Interest Burden | 2.13% | 1.98% | 2.08% | 1.92% | 2.08% | 2.22% | 2.40% | 2.12% | +21 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.15% | 1.64% | -6.99% | 3.66% | -4.85% | -1.30% | -1.62% | -0.18% | -384 bps | |
| Loan Growth (YoY) | -3.14% | -3.17% | -3.74% | -3.01% | -1.99% | -1.81% | -5.01% | -6.03% | -302 bps | |
| Deposit Growth (YoY) | 10.53% | 9.27% | 5.08% | 3.36% | -6.40% | -3.29% | -3.27% | -1.68% | -504 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.37% | 0.35% | 0.24% | 0.57% | 1.23% | 1.05% | 1.10% | 0.99% | +42 bps | |
| Net Charge-Offs / Loans | 0.08% | 0.01% | -0.01% | -0.01% | 0.00% | 0.69% | 0.35% | 0.26% | +27 bps | |
| Allowance / Loans | 1.03% | 1.04% | 1.04% | 1.09% | 1.12% | 0.96% | 0.99% | 1.07% | -3 bps | |
| Allowance Coverage of NPLs | 2.8x | 3.0x | 4.4x | 1.9x | 0.9x | 0.9x | 0.9x | 1.1x | -0.9x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 7.79% | 7.76% | 8.19% | 7.72% | 8.61% | 8.82% | 9.14% | 8.25% | +53 bps | |
| Total Risk-Based Capital | 12.03% | 12.31% | 12.18% | 12.67% | 13.19% | 13.20% | 13.43% | 13.76% | +109 bps | |
| Equity / Assets | 7.66% | 7.50% | 8.00% | 7.45% | 8.60% | 8.41% | 8.95% | 8.17% | +72 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.04% | 84.47% | 91.11% | 81.58% | 91.15% | 85.76% | 89.47% | 77.96% | -361 bps | |
| Liquid Assets / Assets | 5.06% | 8.43% | 3.38% | 13.54% | 3.77% | 9.74% | 8.08% | 19.27% | +573 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |