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 -2.49%, down 130 bps year over year; NIM at 0.26%.

Return on Assets (YTD, annualized)

-2.49%-130 bps YoY

Net Interest Margin (YTD, annualized)

0.26%+18 bps YoY

Efficiency Ratio (YTD, annualized)

1350%-105,000 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

0.00%Q4 ’030.08%Q3 ’040.26%Q3 ’05+240%

Non-interest income vs. expense

1.69%Q4 ’031.80%Q3 ’043.46%Q3 ’05+6%+92%

Year to date, annualized, through each quarter.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004Q1 2005Q2 2005Q3 2005YoY ΔTrend
Earnings
Return on Assets-0.41%-6.94%-0.99%-1.18%-0.96%-2.78%-1.67%-2.49%-130 bps
Return on Equityn/a-8.86%-1.38%-1.85%-1.39%-2.79%-1.68%-2.49%-64 bps
Net Interest Margin0.00%0.30%0.00%0.08%0.06%0.37%0.19%0.26%+18 bps
Efficiency Ration/a3800%n/a2400%2400%1250%1500%1350%-105,000 bps
Non-Interest Burden1.69%11.35%1.46%1.80%1.39%4.69%2.83%3.46%+165 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