PackageTrendsPeer
Letter portraitLegal landscape

Valley Bank

Bristol, CT · Cert 35378

FDIC

Q3 2012

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2012, the quarter ended September 30, 2012, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Valley Bank

Bristol, CT · Cert 35378

FDIC

Q3 2012

$729.0MAssets
$561.2MLoans
$586.4MDeposits
$75.0MEquity
Loan mix
78%RE $348.9M19%C&I $85.8M3%Consumer $12.2MQ3 2011Q3 2012
Deposit mix
88%Interest-bearing $516.0M12%Noninterest $70.4MQ3 2011Q3 2012

NIM

4.86%Q3 ’104.62%Q3 ’114.37%Q3 ’12+1%-2%

Non-interest income vs. expense

2.49%Q3 ’102.54%Q3 ’112.38%Q3 ’12+6%-12%

Executive Summary

  • Earnings: ROA of 0.69%, up 20 bps year over year; NIM at 3.15%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.25%.
  • Funding: loans stand at 95.69% of deposits as of Q3 2012.

Financial Results

Return on Assets (YTD, annualized)

0.69%+20 bps YoY

Net Interest Margin (YTD, annualized)

3.15%-5 bps YoY

Efficiency Ratio (YTD, annualized)

66.32%-576 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets0.49%0.60%0.66%0.70%0.69%+20 bps
Return on Equity4.79%5.99%6.71%7.00%6.84%+205 bps
Net Interest Margin3.20%3.14%3.18%3.16%3.15%-5 bps
Efficiency Ratio72.08%68.29%68.82%66.28%66.32%-576 bps
Non-Interest Burden2.29%2.06%2.13%2.03%2.02%-28 bps
Growth
Asset Growth (YoY)3.40%7.06%6.51%3.40%2.17%-122 bps
Loan Growth (YoY)4.50%5.36%4.82%5.97%3.02%-148 bps
Deposit Growth (YoY)6.38%8.45%7.74%4.39%2.86%-352 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.15%0.27%0.18%0.17%0.25%+10 bps
Allowance / Loans1.12%1.01%1.02%1.03%1.00%-12 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital11.20%11.27%11.31%11.42%11.55%+35 bps
Equity / Assets9.71%9.84%9.95%10.06%10.28%+57 bps
Liquidity & Funding
Loans / Deposits95.54%95.13%95.20%95.65%95.69%+15 bps
Liquid Assets / Assets8.20%8.02%7.21%7.94%8.52%+33 bps
CRE / Total Capitaln/an/an/an/an/an/an/a