Worcester, MA · Cert 57201
FDIC
Q3 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 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.30% | 0.53% | 0.40% | -0.98% | -0.41% | 0.21% | 0.16% | -0.01% | +98 bps | |
| Return on Equity | 3.42% | 5.80% | 4.57% | -11.46% | -4.76% | 2.55% | 1.86% | -0.06% | +1,139 bps | |
| Net Interest Margin | 3.05% | 3.36% | 3.34% | 3.37% | 3.42% | 3.48% | 3.66% | 3.71% | +34 bps | |
| Efficiency Ratio | 87.98% | 84.95% | 83.96% | 82.18% | 80.80% | 86.89% | 91.40% | 89.68% | +749 bps | |
| Non-Interest Burden | 2.67% | 2.83% | 2.78% | 2.74% | 2.74% | 3.00% | 3.33% | 3.31% | +57 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.87% | 1.08% | 7.74% | -0.99% | 1.99% | 2.87% | -8.82% | -3.91% | -292 bps | |
| Loan Growth (YoY) | 8.30% | 6.62% | 6.50% | 9.67% | 11.54% | 9.34% | 5.56% | 0.41% | -926 bps | |
| Deposit Growth (YoY) | 5.11% | 4.26% | 3.58% | -6.49% | -2.97% | 3.48% | -13.41% | -3.00% | +349 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 | 0.02% | 0.38% | 0.18% | 0.30% | 0.55% | 0.07% | 0.03% | 0.29% | -1 bps | |
| Allowance / Loans | 1.31% | 1.24% | 1.28% | 1.21% | 1.19% | 1.23% | 1.30% | 1.45% | +24 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 | 12.45% | 11.82% | 11.91% | 11.37% | 11.14% | 11.24% | 11.47% | 11.28% | -9 bps | |
| Equity / Assets | 8.99% | 9.16% | 8.33% | 7.94% | 8.39% | 8.46% | 8.83% | 8.85% | +91 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 106.09% | 112.04% | 104.90% | 117.31% | 121.96% | 118.38% | 127.88% | 121.43% | +413 bps | |
| Liquid Assets / Assets | 4.02% | 3.97% | 2.94% | 3.04% | 3.01% | 2.91% | 3.20% | 4.36% | +133 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |