North Providence, RI · Cert 57189
FDIC · 1 branch
Q1 2015
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2015, the quarter ended March 31, 2015, 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.
North Providence, RI · Cert 57189
FDIC · 1 branch
Q1 2015
Market Position · Providence-Warwick, RI-MA · 2014 SOD (annual) · 0.5% share · #22 of 31 inst. · $0.2B of $35.8B
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 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.73% | 0.85% | 1.18% | 3.98% | 1.40% | -1.03% | -0.60% | -2.21% | -619 bps | |
| Return on Equity | 7.05% | 7.94% | 10.73% | 31.52% | 10.77% | -7.93% | -4.47% | -13.41% | -4,493 bps | |
| Net Interest Margin | 2.14% | 2.33% | 2.45% | 2.81% | 2.03% | 1.83% | 1.83% | 0.21% | -260 bps | |
| Efficiency Ratio | 53.69% | 52.57% | 47.43% | 24.83% | 37.48% | 97.84% | 91.25% | n/a | n/a | |
| Non-Interest Burden | 1.06% | 1.13% | 1.08% | -1.62% | -0.65% | 1.80% | 1.65% | 2.43% | +406 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 34.08% | 18.20% | -1.78% | -16.10% | -0.07% | -9.19% | -22.15% | -32.21% | -1,610 bps | |
| Loan Growth (YoY) | 83.48% | 53.54% | 44.69% | -24.79% | -50.19% | -57.50% | -80.75% | -70.01% | -4,523 bps | |
| Deposit Growth (YoY) | 34.12% | 17.90% | -3.86% | -19.39% | -2.85% | -11.76% | -25.50% | -35.33% | -1,593 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 | 0.63% | 0.38% | 0.27% | -0.18% | 4.84% | 3.38% | 5.35% | 0.00% | +18 bps | |
| Allowance / Loans | 1.37% | 1.35% | 1.11% | 1.62% | 0.00% | 0.00% | 0.00% | 0.00% | -162 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 | 16.31% | n/a | n/a |
| Total Risk-Based Capital | 25.96% | 25.00% | 25.29% | 43.05% | 59.53% | 56.49% | 221% | 216% | +17,322 bps | |
| Equity / Assets | 11.30% | 11.62% | 12.17% | 13.08% | 13.63% | 13.24% | 15.92% | 17.05% | +397 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 45.88% | 50.81% | 55.17% | 33.95% | 23.52% | 24.47% | 14.25% | 15.74% | -1,821 bps | |
| Liquid Assets / Assets | 13.13% | 12.56% | 9.81% | 37.75% | 45.81% | 44.53% | 87.25% | 86.26% | +4,851 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |