Farmington, CT · Cert 57020
FDIC
Q1 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2013, the quarter ended March 31, 2013, 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.
Farmington, CT · Cert 57020
FDIC
Q1 2013
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 | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.34% | 0.36% | 0.33% | 0.16% | 0.18% | 0.23% | 0.28% | 0.37% | +21 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 3.12% | n/a | n/a |
| Net Interest Margin | n/a | n/a | n/a | 2.39% | 2.33% | 2.31% | 2.46% | 2.53% | +13 bps | |
| Efficiency Ratio | n/a | n/a | n/a | 82.80% | 82.13% | 80.91% | 79.45% | 81.18% | -162 bps | |
| Non-Interest Burden | n/a | n/a | n/a | 1.96% | 1.90% | 1.86% | 1.93% | 2.04% | +7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 11.49% | 8.92% | 10.49% | 4.98% | 4.73% | 5.99% | 4.11% | -0.56% | -555 bps | |
| Loan Growth (YoY) | 2.79% | -0.85% | -2.42% | 5.71% | 6.60% | 13.23% | 17.76% | 6.86% | +115 bps | |
| Deposit Growth (YoY) | 15.31% | 11.37% | 11.53% | 6.58% | 7.91% | 10.10% | 10.51% | 3.98% | -259 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 | n/a | n/a | n/a | 0.41% | 0.20% | 0.67% | 0.67% | 0.15% | -26 bps | |
| Allowance / Loans | n/a | n/a | n/a | 1.57% | 1.60% | 1.16% | 0.93% | 0.92% | -65 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 | n/a | n/a | n/a | 23.68% | 23.52% | 22.79% | 22.33% | 24.03% | +35 bps | |
| Equity / Assets | n/a | n/a | n/a | 11.37% | 10.94% | 11.27% | 11.64% | 11.76% | +39 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 57.44% | 57.81% | 58.82% | 58.61% | 56.74% | 59.45% | 62.68% | 60.23% | +162 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 11.22% | 14.37% | 11.62% | 10.06% | 16.88% | +566 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |