Providence, RI · Cert 34746
FDIC
Q4 2004
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.60% | 1.39% | 1.05% | 1.82% | 2.48% | -1.07% | -0.40% | 2.10% | +28 bps | |
| Return on Equity | 5.30% | 4.35% | 3.24% | 6.53% | 9.64% | -3.55% | -1.31% | 7.40% | +87 bps | |
| Net Interest Margin | 5.67% | 5.88% | 6.55% | 7.49% | 9.20% | 2.48% | 9.92% | 9.09% | +160 bps | |
| Efficiency Ratio | 46.72% | 49.51% | 49.88% | 44.73% | 40.88% | -4.70% | 33.02% | 24.41% | -2,032 bps | |
| Non-Interest Burden | -1.17% | -0.59% | 0.06% | -0.25% | 0.50% | -1.14% | -0.90% | -1.94% | -170 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -6.97% | 2.08% | -13.87% | 24.35% | 23.12% | 37.91% | 61.78% | 14.79% | -956 bps | |
| Loan Growth (YoY) | -7.49% | 5.00% | -16.82% | 27.95% | 29.98% | 29.23% | 66.16% | 12.03% | -1,592 bps | |
| Deposit Growth (YoY) | -0.56% | 6.63% | 8.89% | 11.63% | -41.84% | -48.28% | -58.66% | -50.90% | -6,252 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 6.43% | 5.19% | 5.91% | 4.62% | 5.48% | 7.21% | 4.03% | 6.35% | +173 bps | |
| Allowance / Loans | 4.00% | 4.10% | 4.03% | 2.84% | 3.07% | 3.69% | 5.00% | 6.07% | +322 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 27.60% | 28.89% | 28.42% | 21.82% | 23.91% | 23.81% | 20.59% | 22.80% | +99 bps | |
| Equity / Assets | 31.28% | 32.56% | 32.27% | 24.67% | 26.96% | 33.04% | 27.67% | 29.25% | +458 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 3537% | 3189% | 2874% | 4501% | 7904% | 7968% | 11553% | 10268% | +576,760 bps | |
| Liquid Assets / Assets | 1.27% | 1.31% | 1.26% | 1.53% | 0.90% | 0.83% | 0.77% | 0.82% | -71 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |