Lawrence, MA · Cert 90219
FDIC
Q4 2003
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.22% | 1.14% | 1.34% | 1.24% | 1.21% | 1.19% | 1.26% | 0.72% | -52 bps | |
| Return on Equity | 14.65% | 13.48% | 15.51% | 14.07% | 13.37% | 12.71% | 13.04% | 7.03% | -704 bps | |
| Net Interest Margin | 3.97% | 3.94% | 3.90% | 3.67% | 3.69% | 4.03% | 3.88% | 4.08% | +40 bps | |
| Efficiency Ratio | 44.90% | 43.49% | 42.36% | 44.65% | 43.94% | 45.81% | 43.60% | 57.87% | +1,322 bps | |
| Non-Interest Burden | 1.57% | 1.50% | 1.35% | 1.39% | 1.36% | 1.61% | 1.44% | 2.21% | +82 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.97% | 7.78% | 8.98% | 11.44% | 4.84% | 4.73% | -1.15% | -1.60% | -1,304 bps | |
| Loan Growth (YoY) | 7.12% | 6.41% | 9.55% | 7.96% | 9.26% | 8.65% | 8.28% | 6.98% | -97 bps | |
| Deposit Growth (YoY) | 11.51% | 11.00% | 12.00% | 12.70% | 5.38% | 3.10% | -4.27% | -6.88% | -1,957 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 | 0.35% | 0.91% | 0.37% | 0.65% | 0.66% | 0.40% | 0.59% | 1.10% | +45 bps | |
| Allowance / Loans | 1.27% | 1.23% | 1.29% | 1.27% | 1.24% | 1.26% | 1.26% | 1.23% | -4 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 | 10.59% | 10.60% | 10.53% | 10.82% | 11.58% | 11.77% | 12.29% | 13.18% | +236 bps | |
| Equity / Assets | 8.25% | 8.62% | 8.64% | 8.94% | 9.17% | 9.49% | 9.85% | 10.52% | +158 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.26% | 83.39% | 80.91% | 81.37% | 84.24% | 87.88% | 91.51% | 93.48% | +1,211 bps | |
| Liquid Assets / Assets | 2.94% | 1.05% | 1.03% | 1.01% | 1.05% | 1.01% | 1.06% | 1.03% | +2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |