Greenville, RI · Cert 57254
FDIC · 2 branches
Q2 2020
Market Position · Providence-Warwick, RI-MA · 2020 SOD (annual) · 0.2% share · #22 of 28 inst. · $0.1B of $51.0B
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 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.31% | 0.34% | -0.19% | 0.05% | 0.26% | 0.35% | -0.01% | -0.05% | -10 bps | |
| Return on Equity | 3.24% | 3.54% | -1.91% | 0.52% | 2.56% | 3.55% | -0.10% | -0.49% | -101 bps | |
| Net Interest Margin | 3.63% | 3.84% | 3.47% | 3.58% | 3.64% | 3.66% | 3.54% | 3.23% | -35 bps | |
| Efficiency Ratio | 85.86% | 85.75% | 89.03% | 88.97% | 86.71% | 84.14% | 98.79% | 92.54% | +358 bps | |
| Non-Interest Burden | 3.06% | 3.24% | 3.05% | 3.15% | 3.11% | 3.00% | 3.50% | 2.95% | -20 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.52% | 7.04% | -4.03% | -4.44% | 0.99% | 1.35% | 5.40% | 22.59% | +2,704 bps | |
| Loan Growth (YoY) | 7.23% | 6.07% | -0.15% | -3.24% | -4.75% | 4.45% | 6.06% | 24.43% | +2,767 bps | |
| Deposit Growth (YoY) | 4.40% | 10.06% | 1.55% | 1.91% | 7.95% | 5.45% | 6.41% | 26.92% | +2,501 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.69% | 0.80% | 2.10% | 2.07% | 0.16% | 0.67% | 0.50% | 0.00% | -207 bps | |
| Net Charge-Offs / Loans | 0.13% | 0.10% | 0.87% | 0.46% | 0.31% | 0.22% | -0.01% | -0.03% | -48 bps | |
| Allowance / Loans | 0.97% | 1.02% | 1.01% | 1.01% | 1.00% | 0.98% | 0.99% | 1.02% | +1 bps | |
| Allowance Coverage of NPLs | 1.4x | 1.3x | 0.5x | 0.5x | 6.1x | 1.5x | 2.0x | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.78% | 10.28% | 10.26% | 10.46% | 10.36% | 10.37% | 10.41% | 9.14% | -131 bps | |
| Total Risk-Based Capital | 13.92% | 14.24% | 14.19% | 14.16% | 14.97% | 14.14% | 10.41% | 9.14% | -502 bps | |
| Equity / Assets | 9.58% | 9.66% | 9.97% | 10.32% | 10.03% | 10.03% | 10.00% | 8.69% | -163 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 108.65% | 103.20% | 102.84% | 106.86% | 95.87% | 102.22% | 102.50% | 104.76% | -210 bps | |
| Liquid Assets / Assets | 3.52% | 4.88% | 3.74% | 1.07% | 8.83% | 2.84% | 3.33% | 2.38% | +131 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |