Franklin, MA · Cert 90200
FDIC
Q1 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2009, the quarter ended March 31, 2009, 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.
Franklin, MA · Cert 90200
FDIC
Q1 2009
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 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.34% | 0.39% | 0.41% | 0.45% | 0.46% | 0.47% | 0.36% | -0.56% | -101 bps | |
| Return on Equity | 3.21% | 3.62% | 3.85% | 4.24% | 4.39% | 4.51% | 3.48% | -5.52% | -976 bps | |
| Net Interest Margin | 2.73% | 2.69% | 2.70% | 2.75% | 2.68% | 2.70% | 2.75% | 2.79% | +4 bps | |
| Efficiency Ratio | 80.67% | 79.47% | 78.68% | 72.91% | 72.76% | 72.48% | 74.53% | 101.67% | +2,876 bps | |
| Non-Interest Burden | 2.15% | 2.07% | 2.05% | 1.93% | 1.87% | 1.88% | 1.98% | 2.89% | +96 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.01% | 0.39% | -1.15% | 7.72% | 7.79% | 7.92% | 10.52% | 3.98% | -374 bps | |
| Loan Growth (YoY) | -4.28% | -6.81% | -5.08% | 7.99% | 11.24% | 13.55% | 13.71% | 7.02% | -97 bps | |
| Deposit Growth (YoY) | 0.07% | -0.64% | -4.79% | -0.06% | 1.13% | 3.35% | 5.67% | 6.77% | +684 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 | 0.01% | 0.04% | 0.03% | 0.01% | 0.01% | 0.01% | 0.02% | 0.25% | +24 bps | |
| Allowance / Loans | 0.95% | 0.94% | 0.94% | 0.94% | 0.96% | 1.01% | 1.14% | 1.41% | +47 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 | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 10.85% | 10.99% | 11.17% | 10.47% | 10.51% | 10.55% | 10.51% | 10.07% | -40 bps | |
| Equity / Assets | 10.72% | 10.79% | 11.08% | 10.35% | 10.16% | 10.03% | 10.16% | 9.96% | -39 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 92.18% | 92.65% | 98.43% | 99.16% | 101.39% | 101.79% | 105.92% | 99.40% | +23 bps | |
| Liquid Assets / Assets | 0.01% | 0.01% | 0.02% | 0.03% | 0.01% | 0.03% | 0.11% | 2.54% | +252 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |