Bedford, NH · Cert 35035
FDIC · 7 branches
Q3 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2014, the quarter ended September 30, 2014, 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.
Bedford, NH · Cert 35035
FDIC · 7 branches
Q3 2014
Market Position · Manchester-Nashua, NH · 2014 SOD (annual) · 6.4% share · #4 of 16 inst. · $0.7B of $10.6B
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 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.86% | 0.84% | 0.90% | 0.85% | 0.87% | 0.89% | 0.85% | 0.88% | +3 bps | |
| Return on Equity | 8.88% | 8.70% | 9.43% | 9.03% | 9.27% | 9.51% | 9.09% | 9.34% | +31 bps | |
| Net Interest Margin | 3.44% | 3.47% | 3.39% | 3.31% | 3.32% | 3.36% | 3.33% | 3.35% | +4 bps | |
| Efficiency Ratio | 56.35% | 56.44% | 54.89% | 58.32% | 57.04% | 54.43% | 53.98% | 54.57% | -375 bps | |
| Non-Interest Burden | 1.88% | 1.89% | 1.79% | 1.87% | 1.83% | 1.77% | 1.73% | 1.76% | -10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.69% | 9.67% | 11.85% | 10.86% | 10.24% | 11.75% | 9.43% | 6.23% | -463 bps | |
| Loan Growth (YoY) | 12.31% | 14.58% | 14.01% | 13.99% | 12.73% | 13.79% | 15.29% | 9.65% | -434 bps | |
| Deposit Growth (YoY) | 4.43% | 8.36% | 11.18% | 10.77% | 15.78% | 12.77% | 10.77% | -0.60% | -1,138 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 | 0.43% | 0.00% | 0.08% | 0.05% | 0.14% | 0.16% | 0.08% | 0.09% | +4 bps | |
| Allowance / Loans | 1.09% | 1.14% | 1.10% | 1.19% | 1.09% | 1.07% | 1.12% | 1.10% | -9 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 | 13.78% | 13.61% | 13.53% | 13.39% | 13.20% | 12.99% | 12.78% | 13.19% | -20 bps | |
| Equity / Assets | 9.77% | 9.60% | 9.28% | 9.08% | 9.42% | 9.27% | 9.33% | 9.61% | +53 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 96.63% | 91.18% | 89.20% | 90.84% | 94.09% | 92.01% | 92.84% | 100.21% | +937 bps | |
| Liquid Assets / Assets | 1.04% | 0.80% | 2.18% | 2.92% | 1.36% | 1.43% | 0.32% | 2.84% | -8 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |