Merrimack, NH · Cert 58384
FDIC
Q1 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2011, the quarter ended March 31, 2011, 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.
Merrimack, NH · Cert 58384
FDIC
Q1 2011
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 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -58.70% | -36.99% | -33.73% | -39.78% | -4.30% | +5,440 bps | |
| Return on Equity | -172.84% | -102.46% | -93.55% | -97.26% | -6.78% | +16,607 bps | |
| Net Interest Margin | -1.85% | -1.63% | -1.43% | -1.58% | 0.00% | +185 bps | |
| Efficiency Ratio | 125.64% | 116.09% | 114.26% | 115.68% | 101.34% | -2,430 bps | |
| Non-Interest Burden | 64.22% | 40.62% | 34.87% | 49.48% | 4.26% | -5,995 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -41.74% | -56.03% | -35.01% | -31.58% | -19.70% | +2,204 bps | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Deposit Growth (YoY) | 0.00% | 0.00% | 0.00% | -100.00% | -100.00% | -10,000 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance Coverage of NPLs | 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 |
| Total Risk-Based Capital | 40.63% | 55.73% | 48.28% | 80.96% | 75.08% | +3,445 bps | |
| Equity / Assets | 29.83% | 40.62% | 35.88% | 67.39% | 59.88% | +3,005 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 0.00% | 0.00% | 0.00% | n/a | n/a | n/a | |
| Liquid Assets / Assets | 0.14% | 0.00% | 31.38% | 0.00% | 0.00% | -14 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |