Medway, MA · Cert 90238
FDIC
Q2 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2009, the quarter ended June 30, 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.
Medway, MA · Cert 90238
FDIC
Q2 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 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.16% | 0.10%1 | 0.23% | -1.07% | -3.30% | -1.99% | -0.32% | -1.97% | -90 bps | |
| Return on Equity | 2.22% | 1.43% | 3.20% | -15.29% | -51.14% | -31.72% | -5.72% | -36.65% | -2,136 bps | |
| Net Interest Margin | 2.60% | 2.63% | 2.73% | 2.73% | 2.79% | 2.84% | 2.63% | 2.72% | -2 bps | |
| Efficiency Ratio | 89.71% | 90.92% | 91.78% | 93.92% | 95.21% | 97.30% | 105.73% | 171.18% | +7,726 bps | |
| Non-Interest Burden | 2.29% | 2.35% | 2.47% | 2.54% | 2.64% | 2.75% | 2.81% | 4.18% | +164 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.55% | 0.39% | 1.87% | -0.07% | -2.65% | -6.43% | -10.68% | -10.73% | -1,065 bps | |
| Loan Growth (YoY) | 0.96% | 0.74% | 0.97% | -0.72% | -0.17% | -3.80% | -6.83% | -11.60% | -1,088 bps | |
| Deposit Growth (YoY) | -3.85% | -1.23% | -4.17% | -5.14% | 1.44% | -6.29% | -5.50% | -6.35% | -121 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 | 0.24% | 0.48% | 0.02% | 2.14% | 1.48% | 1.17% | 0.10% | 0.22% | -192 bps | |
| Allowance / Loans | 1.02% | 0.84% | 0.89% | 1.00% | 1.06% | 1.10% | 1.17% | 2.30% | +130 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 | 10.75% | 10.54% | 10.41% | 10.08% | 8.01% | 8.01% | 8.03% | 6.35% | -373 bps | |
| Equity / Assets | 7.30% | 7.33% | 7.16% | 6.55% | 4.70% | 5.59% | 5.58% | 4.92% | -163 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 127.25% | 129.04% | 128.57% | 126.48% | 125.23% | 132.47% | 126.76% | 119.40% | -708 bps | |
| Liquid Assets / Assets | 0.34% | 0.32% | 0.39% | 0.37% | 0.36% | 0.36% | 0.36% | 0.34% | -3 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |