Haverhill, MA · Charter 66341
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 2008, 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.
Haverhill, MA · Charter 66341
Q3 2008
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.36% | 0.14% | 0.33% | 0.48% | 0.47% | 0.26% | 0.26% | 0.26% | -22 bps | |
| Return on Equity | 2.78% | 1.03% | 2.45% | 3.49% | 3.36% | 1.90% | 1.86% | 1.82% | -167 bps | |
| Net Interest Margin | 3.10% | 3.01% | 3.07% | 3.25% | 3.24% | 3.01% | 3.05% | 3.21% | -4 bps | |
| Efficiency Ratio | 87.44% | 95.46% | 89.40% | 89.08% | 88.15% | 93.29% | 90.33% | 89.89% | +81 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.25% | -4.72% | -2.57% | -3.40% | -3.82% | -0.49% | -1.23% | -1.36% | +204 bps | |
| Loan Growth (YoY) | -1.19% | -2.72% | -2.85% | 1.36% | 5.26% | 9.93% | 15.10% | 15.94% | +1,458 bps | |
| Share Growth (YoY) | -9.45% | -8.48% | -6.42% | -4.91% | -6.16% | -2.25% | -2.43% | -1.73% | +318 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.05% | 1.03% | 0.34% | 0.73% | 2.06% | 1.68% | 2.41% | 3.84% | +311 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.20% | 0.18% | 0.18% | 0.18% | 0.18% | 0.13% | 0.13% | 0.13% | -5 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 12.92% | 13.13% | 13.32% | 13.76% | 13.90% | 13.68% | 13.92% | 14.25% | +49 bps | |
| Net Worth / Assets | 12.92% | 13.13% | 13.32% | 13.76% | 13.90% | 13.68% | 13.92% | 14.25% | +49 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 80.78% | 82.64% | 84.88% | 87.88% | 90.61% | 92.93% | 100.14% | 103.68% | +1,580 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |