Pittsfield, MA · Cert 90265
FDIC
Q2 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2011, the quarter ended June 30, 2011, 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.
Pittsfield, MA · Cert 90265
FDIC
Q2 2011
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 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.56% | -0.69% | -0.54% | -0.56% | -0.47% | -0.84% | 0.36% | 0.49% | +105 bps | |
| Return on Equity | -5.54% | -6.88% | -5.39% | -5.69% | -4.83% | -8.52% | 3.56% | 4.58% | +1,028 bps | |
| Net Interest Margin | 2.87% | 2.84% | 2.90% | 2.86% | 2.82% | 2.79% | 2.73% | 2.77% | -9 bps | |
| Efficiency Ratio | 85.42% | 85.41% | 86.86% | 88.76% | 89.82% | 107.46% | 79.62% | 76.65% | -1,211 bps | |
| Non-Interest Burden | 2.44% | 2.42% | 2.54% | 2.56% | 2.56% | 3.13% | 2.16% | 2.02% | -54 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.40% | 0.28% | -2.28% | 0.78% | 2.12% | -2.28% | -3.44% | -6.06% | -684 bps | |
| Loan Growth (YoY) | -3.86% | -5.34% | -7.36% | -3.48% | -1.73% | -6.69% | -7.16% | -10.50% | -701 bps | |
| Deposit Growth (YoY) | 9.17% | 7.11% | 2.76% | 6.09% | 7.20% | 5.22% | 2.27% | -2.24% | -833 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 | 0.03% | 0.07% | 3.34% | 2.37% | 2.05% | 2.02% | 0.24% | 0.14% | -224 bps | |
| Allowance / Loans | 1.32% | 1.67% | 1.25% | 1.44% | 1.43% | 1.45% | 1.44% | 1.47% | +3 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 | 13.32% | 12.34% | 12.39% | 11.61% | 11.54% | 11.99% | 12.55% | 14.69% | +309 bps | |
| Equity / Assets | 10.10% | 9.98% | 9.89% | 9.66% | 9.40% | 10.13% | 10.33% | 11.65% | +199 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 102.75% | 101.83% | 97.87% | 97.19% | 94.19% | 90.30% | 88.84% | 88.98% | -821 bps | |
| Liquid Assets / Assets | 0.03% | 2.04% | 2.53% | 1.65% | 1.30% | 1.34% | 1.21% | 2.81% | +115 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |