Providence, RI · Cert 34746
FDIC
Q4 2004
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 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.60% | 1.49% | 1.34% | 1.44% | 2.48% | 0.69% | 0.29% | 0.80% | -64 bps | |
| Return on Equity | 5.30% | 4.82% | 4.29% | 4.86% | 9.64% | 2.44% | 1.04% | 2.82% | -204 bps | |
| Net Interest Margin | 5.67% | 6.04% | 6.15% | 5.91% | 9.20% | 5.59% | 6.70% | 6.94% | +104 bps | |
| Efficiency Ratio | 46.72% | 48.06% | 48.66% | 47.55% | 40.88% | 30.97% | 32.01% | 29.52% | -1,802 bps | |
| Non-Interest Burden | -1.17% | -0.94% | -0.60% | -0.45% | 0.50% | -0.33% | -0.50% | -0.84% | -39 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% | 5.90% | 5.83% | 4.25% | 5.48% | 6.44% | 4.62% | 5.22% | +98 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 |