Barre, MA · Cert 90148
FDIC · 3 branches
Q1 2016
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2016, the quarter ended March 31, 2016, 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.
Barre, MA · Cert 90148
FDIC · 3 branches
Q1 2016
Market Position · Worcester, MA-CT · 2015 SOD (annual) · 0.7% share · #33 of 43 inst. · $0.1B of $16.2B
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 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | Q2 2015 | Q3 2015 | Q4 2015 | Q1 2016 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.36% | 0.36% | 0.43% | 0.39%1 | 0.36% | 0.33% | 0.46% | -8.12% | -851 bps | |
| Return on Equity | 3.89% | 3.90% | 4.57% | 4.01% | 3.74% | 3.37% | 4.73% | -89.47% | -9,348 bps | |
| Net Interest Margin | 2.92% | 2.99% | 3.03% | 3.04% | 3.03% | 3.12% | 3.15% | 3.19% | +15 bps | |
| Efficiency Ratio | 81.66% | 83.76% | 87.16% | 89.77% | 88.91% | 89.12% | 86.09% | 400% | +31,054 bps | |
| Non-Interest Burden | 2.29% | 2.42% | 2.58% | 2.68% | 2.65% | 2.73% | 2.63% | 13.70% | +1,102 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.65% | 1.26% | 0.00% | -2.28% | -0.57% | -0.26% | -1.42% | 1.21% | +349 bps | |
| Loan Growth (YoY) | 3.77% | -0.30% | -1.02% | -3.40% | -0.13% | 0.52% | -0.63% | -1.57% | +183 bps | |
| Deposit Growth (YoY) | 4.99% | 2.90% | 3.60% | 2.45% | 1.66% | 7.36% | 3.74% | 5.98% | +353 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 1.81% | 1.57% | 1.28% | -0.27% | -0.14% | -0.10% | 0.06% | 0.00% | +27 bps | |
| Allowance / Loans | 1.63% | 1.40% | 1.25% | 1.27% | 1.30% | 1.34% | 1.21% | 1.22% | -5 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | 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 | 9.46% | 9.26% | 9.52% | 9.78% | 7.49% | -197 bps | |
| Total Risk-Based Capital | 14.52% | 14.62% | 14.86% | 14.81% | 14.85% | 15.01% | 15.23% | 11.96% | -285 bps | |
| Equity / Assets | 9.40% | 9.48% | 9.67% | 9.80% | 9.67% | 9.75% | 10.14% | 8.03% | -176 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 99.76% | 101.17% | 102.17% | 99.85% | 98.00% | 94.72% | 97.86% | 92.74% | -711 bps | |
| Liquid Assets / Assets | 1.33% | 1.91% | 1.01% | 1.48% | 2.83% | 3.82% | 2.69% | 5.23% | +375 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |