Woburn, MA · Cert 58133
FDIC · 1 branch
Q2 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2022, the quarter ended June 30, 2022, 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.
Woburn, MA · Cert 58133
FDIC · 1 branch
Q2 2022
Market Position · Boston-Cambridge-Newton, MA-NH · 2022 SOD (annual) · 0.0% share · #79 of 111 inst. · $0.2B of $511.3B
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 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.10% | 1.07% | 1.49% | 1.36% | 1.25% | 1.11% | 0.84% | 0.86% | -50 bps | |
| Return on Equity | 7.72% | 7.57% | 10.66% | 9.66% | 8.87% | 7.82% | 5.59% | 5.60% | -406 bps | |
| Net Interest Margin | 2.42% | 2.35% | 2.54% | 2.57% | 2.49% | 2.50% | 2.65% | 2.77% | +20 bps | |
| Efficiency Ratio | 55.80% | 56.26% | 50.99% | 50.70% | 53.63% | 56.28% | 68.63% | 64.06% | +1,337 bps | |
| Non-Interest Burden | 0.89% | 0.81% | 0.22% | 0.34% | 0.63% | 0.83% | 1.70% | 1.67% | +132 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.64% | 12.74% | 11.77% | 8.12% | 9.10% | 2.19% | -2.48% | -5.38% | -1,350 bps | |
| Loan Growth (YoY) | -5.18% | 5.09% | 5.79% | 7.69% | 1.47% | -4.52% | -11.06% | -7.73% | -1,542 bps | |
| Deposit Growth (YoY) | 5.39% | 13.74% | 12.11% | 8.02% | 8.88% | 1.25% | -3.71% | -6.90% | -1,492 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.03% | 0.97% | 0.90% | 0.80% | 0.87% | 0.86% | 0.87% | 0.87% | +7 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.14% | 1.16% | 1.13% | 1.32% | 1.35% | 1.38% | 1.33% | 1.34% | +2 bps | |
| Allowance Coverage of NPLs | 1.1x | 1.2x | 1.3x | 1.6x | 1.6x | 1.6x | 1.5x | 1.5x | -0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 14.21% | 14.24% | 14.58% | 14.67% | 14.53% | 14.71% | 15.35% | 15.57% | +91 bps | |
| Total Risk-Based Capital | 24.63% | 23.60% | 22.89% | 22.76% | 24.24% | 25.28% | 25.53% | 25.81% | +304 bps | |
| Equity / Assets | 14.10% | 13.98% | 14.02% | 14.12% | 14.13% | 14.86% | 15.36% | 15.82% | +170 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.15% | 81.84% | 85.29% | 80.89% | 73.77% | 77.18% | 78.77% | 80.16% | -72 bps | |
| Liquid Assets / Assets | 31.47% | 29.59% | 26.17% | 28.85% | 35.21% | 34.49% | 32.44% | 30.80% | +194 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |