PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Talbots Classics National Bank

Lincoln, RI · Cert 35485

FDIC

Q2 2012

$8.5MAssets
n/aLoans
$5.5MDeposits
$2.6MEquity
Deposit mix
0%Interest-bearing $0.0M100%Noninterest $5.5MQ2 2011Q2 2012

NIM

0.14%Q2 ’10-0.19%Q2 ’110.30%Q2 ’12-243%+209%

Non-interest income vs. expense

33.81%Q2 ’1035.87%Q2 ’1147.70%Q2 ’12+66%+141%

Executive Summary

  • Earnings: ROA of -0.12%, down 150 bps year over year; NIM at 0.21%.
  • Funding: loans stand at 0.00% of deposits as of Q2 2012.

Financial Results

Return on Assets (YTD, annualized)

-0.12%-150 bps YoY

Net Interest Margin (YTD, annualized)

0.21%+41 bps YoY

Efficiency Ratio (YTD, annualized)

102.60%+1,098 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2011Q3 2011Q4 2011Q1 2012Q2 2012YoY ΔTrend
Earnings
Return on Assets1.38%-0.47%0.79%-0.05%-0.12%-150 bps
Return on Equity3.83%-1.34%2.34%-0.15%-0.38%-422 bps
Net Interest Margin-0.19%-0.18%-0.18%0.57%0.21%+41 bps
Efficiency Ratio91.62%99.53%97.39%108.75%102.60%+1,098 bps
Non-Interest Burden-3.47%-0.38%-1.42%4.83%1.42%+489 bps
Growth
Asset Growth (YoY)-20.61%-29.46%-18.93%-24.21%-29.84%-923 bps
Loan Growth (YoY)n/an/an/an/an/an/an/a
Deposit Growth (YoY)0.00%0.00%0.00%0.00%0.00%0 bps
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/a
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 Capital152.87%125.61%131.58%130.08%137.08%-1,579 bps
Equity / Assets33.80%29.44%30.10%30.84%30.51%-329 bps
Liquidity & Funding
Loans / Deposits0.00%0.00%0.00%0.00%0.00%0 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a