PackageTrendsPeer
Letter portraitLegal landscape

Bank of Fairfield, The

Fairfield, CT · Cert 58880

FDIC

Q2 2013

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2013, the quarter ended June 30, 2013, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Bank of Fairfield, The

Fairfield, CT · Cert 58880

FDIC

Q2 2013

$169.7MAssets
$150.0MLoans
$147.7MDeposits
$13.8MEquity
Loan mix
88%RE $82.9M12%C&I $11.3M0%Consumer $0.0MQ2 2012Q2 2013
Deposit mix
85%Interest-bearing $125.9M15%Noninterest $21.7MQ2 2012Q2 2013

NIM

4.89%Q2 ’114.62%Q2 ’124.33%Q2 ’13-5%-3%

Non-interest income vs. expense

4.44%Q2 ’113.47%Q2 ’123.07%Q2 ’13-15%-29%

Executive Summary

  • Earnings: ROA of 0.69%, up 51 bps year over year; NIM at 3.85%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 101.60% of deposits as of Q2 2013.

Financial Results

Return on Assets (YTD, annualized)

0.69%+51 bps YoY

Net Interest Margin (YTD, annualized)

3.85%-11 bps YoY

Efficiency Ratio (YTD, annualized)

68.69%-1,815 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2012Q3 2012Q4 2012Q1 2013Q2 2013YoY ΔTrend
Earnings
Return on Assets0.18%0.37%0.37%0.51%0.69%+51 bps
Return on Equity1.66%3.66%3.81%5.95%8.15%+649 bps
Net Interest Margin3.96%3.52%3.36%4.11%3.85%-11 bps
Efficiency Ratio86.84%84.49%82.50%75.00%68.69%-1,815 bps
Non-Interest Burden3.43%2.97%2.76%3.07%2.45%-99 bps
Growth
Asset Growth (YoY)23.66%37.62%38.01%28.46%32.62%+896 bps
Loan Growth (YoY)40.67%37.57%39.60%33.87%29.32%-1,135 bps
Deposit Growth (YoY)26.22%46.41%46.54%31.49%38.50%+1,227 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.55%1.47%1.42%1.40%1.46%-9 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital13.59%12.80%12.05%11.99%11.56%-203 bps
Equity / Assets10.11%8.68%8.44%8.86%8.13%-198 bps
Liquidity & Funding
Loans / Deposits108.81%98.85%107.96%112.79%101.60%-721 bps
Liquid Assets / Assets2.59%9.76%6.25%0.86%6.64%+405 bps
CRE / Total Capitaln/an/an/an/an/an/an/a