Cheshire, CT · Cert 57138
FDIC
Q1 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2009, the quarter ended March 31, 2009, 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.
Cheshire, CT · Cert 57138
FDIC
Q1 2009
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 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.57% | -0.65% | -0.61% | -0.61% | -0.52% | -0.67% | -0.75% | -1.13% | -52 bps | |
| Return on Equity | -5.36% | -6.31% | -5.97% | -6.77% | -5.95% | -8.07% | -9.31% | -16.05% | -928 bps | |
| Net Interest Margin | 2.96% | 2.89% | 2.90% | 2.85% | 2.81% | 2.70% | 2.75% | 2.36% | -49 bps | |
| Efficiency Ratio | 122.89% | 127.24% | 129.27% | 130.91% | 123.77% | 118.46% | 118.50% | 170.90% | +3,999 bps | |
| Non-Interest Burden | 3.66% | 3.71% | 3.79% | 3.78% | 3.53% | 3.24% | 3.29% | 4.20% | +42 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 21.51% | 8.77% | 17.67% | 17.57% | 13.78% | 24.91% | 15.97% | 14.56% | -301 bps | |
| Loan Growth (YoY) | 16.16% | 20.27% | 30.00% | 27.05% | 26.05% | 23.28% | 10.00% | -0.88% | -2,793 bps | |
| Deposit Growth (YoY) | 36.97% | 12.17% | 17.90% | 15.77% | 15.13% | 29.70% | 25.12% | 25.43% | +967 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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.21% | 0.72% | -0.01% | -1 bps | |
| Allowance / Loans | 1.17% | 1.16% | 1.14% | 1.11% | 1.05% | 1.23% | 1.08% | 1.15% | +4 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 | 11.26% | 10.83% | 10.54% | 10.13% | 9.46% | 8.95% | 8.47% | 8.51% | -162 bps | |
| Equity / Assets | 9.61% | 9.74% | 9.32% | 8.74% | 8.02% | 7.29% | 7.32% | 6.80% | -194 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.90% | 100.26% | 104.48% | 104.10% | 100.61% | 95.30% | 91.85% | 82.26% | -2,184 bps | |
| Liquid Assets / Assets | 0.13% | 0.15% | 0.21% | 0.15% | 0.16% | 0.14% | 0.01% | 0.01% | -14 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |