PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

State Street Bank and Trust Company of New England, National Association

Hartford, CT · Cert 57758

FDIC

Q3 2005

$2.1MAssets
n/aLoans
n/aDeposits
$2.1MEquity

Executive Summary

  • Earnings: ROA of -4.13%, down 263 bps year over year; NIM at 0.38%.

Return on Assets (quarter, annualized)

-4.13%-263 bps YoY

Net Interest Margin (quarter, annualized)

0.38%+16 bps YoY

Efficiency Ratio (quarter, annualized)

1200%-5,000 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

0.30%Q1 ’040.23%Q3 ’040.38%Q3 ’05-24%+70%

Non-interest income vs. expense

11.35%Q1 ’042.82%Q3 ’044.61%Q3 ’05-75%+63%

Discrete quarter, annualized.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004Q1 2005Q2 2005Q3 2005YoY ΔTrend
Earnings
Return on Assets-0.41%-6.94%4.01%-1.50%0.00%-2.78%-0.56%-4.13%-263 bps
Return on Equityn/a-8.86%6.12%-2.77%0.00%-2.79%-0.56%-4.13%-136 bps
Net Interest Margin0.00%0.30%-0.25%0.23%0.00%0.37%0.00%0.38%+16 bps
Efficiency Ration/a3800%n/a1250%2400%1250%1500%1200%-5,000 bps
Non-Interest Burdenn/a11.35%-6.71%2.82%0.00%4.69%0.94%4.61%+179 bps
Growth
Asset Growth (YoY)n/an/an/an/a-11.95%-29.99%-39.17%-52.64%n/a
Loan Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Deposit Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital454%311%285%241%513%497%495%500%+25,866 bps
Equity / Assets88.74%69.91%61.77%48.26%99.40%100.00%100.00%100.00%+5,174 bps
Liquidity & Funding
Loans / Depositsn/an/an/an/an/an/an/an/an/an/a
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a