PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Factory Point National Bank of Manchester Center, The

Manchester Center, VT · Cert 6274

FDIC

Q2 2007

$336.1MAssets
$236.0MLoans
$262.0MDeposits
$29.3MEquity
Loan mix
83%RE $176.9M16%C&I $35.0M0%Consumer $1.0MQ3 2005Q2 2007
Deposit mix
83%Interest-bearing $216.9M17%Noninterest $45.1MQ3 2005Q2 2007

Executive Summary

  • Earnings: ROA of 1.36%, up 4 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 0.02%.
  • Funding: loans stand at 90.08% of deposits as of Q2 2007.

Return on Assets (YTD, annualized)

1.36%+4 bps YoY

Net Interest Margin (YTD, annualized)

3.85%-19 bps YoY

Efficiency Ratio (YTD, annualized)

62.94%+317 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.04%Q2 ’055.89%Q2 ’066.29%Q2 ’070%-5%

Non-interest income vs. expense

3.08%Q2 ’052.96%Q2 ’063.09%Q2 ’07+7%-1%

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006Q4 2006Q1 2007Q2 2007YoY ΔTrend
Earnings
Return on Assets1.39%1.41%1.36%1.32%1.34%1.37%1.34%1.36%+4 bps
Return on Equity16.72%16.95%16.43%16.06%16.19%16.57%15.72%15.77%-28 bps
Net Interest Margin4.04%4.05%4.15%4.04%3.95%3.93%3.78%3.85%-19 bps
Efficiency Ratio58.72%58.54%58.59%59.77%60.48%60.39%63.45%62.94%+317 bps
Non-Interest Burden1.92%1.93%2.04%2.05%2.04%2.01%2.02%2.03%-2 bps
Growth
Asset Growth (YoY)5.29%4.87%6.39%5.91%4.61%6.57%3.39%2.77%-313 bps
Loan Growth (YoY)1.25%2.93%5.13%4.17%7.93%9.32%7.27%8.36%+419 bps
Deposit Growth (YoY)1.34%1.78%-2.47%-6.01%-1.75%0.44%4.32%3.58%+959 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%0.03%-0.04%-0.07%-0.10%-0.05%0.02%0.02%+9 bps
Allowance / Loans1.66%1.72%1.80%1.88%1.84%1.79%1.80%1.74%-13 bps
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 Capital12.90%13.07%13.05%12.97%12.81%12.95%13.23%13.05%+8 bps
Equity / Assets8.17%8.37%8.16%8.13%8.32%8.44%8.64%8.73%+60 bps
Liquidity & Funding
Loans / Deposits76.17%77.92%80.64%86.10%83.68%84.81%82.92%90.08%+397 bps
Liquid Assets / Assets1.90%0.05%0.05%0.05%0.03%0.04%0.02%0.01%-3 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a