Haverhill, MA · Charter 67880
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 67880
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 | -0.81% | -0.51% | -0.18% | -0.42% | -0.94% | -1.07% | -0.72% | -0.70% | -28 bps | |
| Return on Equity | -8.40% | -5.27% | -1.81% | -4.12% | -9.21% | -11.10% | -7.51% | -7.18% | -306 bps | |
| Net Interest Margin | 4.83% | 4.50% | 4.79% | 4.76% | 4.95% | 4.15% | 3.89% | 3.80% | -96 bps | |
| Efficiency Ratio | 104.84% | 106.47% | 99.27% | 103.41% | 113.55% | 121.62% | 115.86% | 116.31% | +1,290 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.31% | -7.74% | -10.53% | -10.96% | -13.95% | -9.67% | -6.47% | -6.88% | +408 bps | |
| Loan Growth (YoY) | -11.43% | -12.82% | -20.56% | -25.85% | -22.27% | -23.08% | -26.55% | -25.13% | +72 bps | |
| Share Growth (YoY) | -0.64% | -8.02% | -10.98% | -11.44% | -14.48% | -9.67% | -5.97% | -6.37% | +506 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.67% | 1.71% | 1.78% | 1.76% | 0.38% | 0.36% | 2.08% | 2.25% | +49 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 | 0.77% | 0.91% | 1.07% | 0.73% | 0.74% | 0.95% | 1.11% | 1.15% | +41 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.59% | 9.67% | 10.11% | 10.14% | 10.20% | 9.66% | 9.63% | 9.75% | -40 bps | |
| Net Worth / Assets | 9.59% | 9.67% | 10.11% | 10.14% | 10.20% | 9.66% | 9.63% | 9.75% | -40 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 77.20% | 73.76% | 73.17% | 67.64% | 70.17% | 62.81% | 57.15% | 54.09% | -1,355 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |