Merrimac, MA · Cert 90240
FDIC · 2 branches
Q3 2015
Market Position · Boston-Cambridge-Newton, MA-NH · 2015 SOD (annual) · 0.0% share · #111 of 139 inst. · $0.1B of $328.8B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | Q2 2015 | Q3 2015 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.14% | 0.23%1 | 0.30% | 0.50% | 0.26% | 0.38%1 | 0.64%1 | 0.07% | -43 bps | |
| Return on Equity | 2.66% | 4.16% | 5.08% | 7.93% | 3.99% | 5.59% | 9.44% | 1.04% | -689 bps | |
| Net Interest Margin | 2.90% | 2.89% | 3.00% | 2.96% | 2.87% | 2.85% | 2.67% | 2.30% | -66 bps | |
| Efficiency Ratio | 100.15% | 100.15% | 96.69% | 94.62% | 100.15% | 101.71% | 97.66% | 112.61% | +1,799 bps | |
| Non-Interest Burden | 2.91% | 2.90% | 2.88% | 2.76% | 2.88% | 2.90% | 2.58% | 2.67% | -10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.38% | 5.04% | 2.91% | 7.78% | 5.70% | -0.18% | 2.72% | 0.41% | -737 bps | |
| Loan Growth (YoY) | -0.32% | 0.41% | 1.43% | -2.67% | -2.43% | -3.36% | -7.37% | -6.21% | -353 bps | |
| Deposit Growth (YoY) | 3.00% | 6.99% | 2.47% | 4.78% | 7.50% | 1.37% | 4.67% | 4.26% | -52 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 | 0.14% | 0.03% | 0.04% | -0.19% | 0.16% | 0.11% | 0.03% | 0.01% | +20 bps | |
| Allowance / Loans | 1.09% | 1.15% | 1.16% | 1.09% | 1.02% | 0.99% | 1.02% | 0.83% | -25 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 | 6.94% | 6.89% | 6.59% | n/a | |
| Total Risk-Based Capital | 13.40% | 13.65% | 13.90% | 14.51% | 14.35% | 16.11% | 17.60% | 18.20% | +369 bps | |
| Equity / Assets | 5.28% | 5.64% | 6.16% | 6.40% | 6.74% | 6.97% | 6.61% | 6.77% | +38 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 64.13% | 61.54% | 62.55% | 60.48% | 58.21% | 58.67% | 55.35% | 54.41% | -607 bps | |
| Liquid Assets / Assets | 0.15% | 4.39% | 0.10% | 3.47% | 3.17% | 2.23% | 19.63% | 26.65% | +2,318 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |