Randolph, MA · Cert 90270
FDIC · 5 branches
Q3 2022
Market Position · Boston-Cambridge-Newton, MA-NH · 2022 SOD (annual) · 0.1% share · #46 of 111 inst. · $0.6B of $511.3B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.91% | 2.25% | 0.87% | 1.69% | 0.40% | -0.11% | 0.13% | 0.25% | -144 bps | |
| Return on Equity | 23.84% | 18.20% | 7.08% | 13.52% | 3.30% | -0.97% | 1.28% | 2.41% | -1,111 bps | |
| Net Interest Margin | 2.83% | 2.76% | 2.87% | 3.21% | 3.00% | 2.68% | 3.19% | 3.26% | +5 bps | |
| Efficiency Ratio | 62.77% | 68.25% | 88.10% | 69.45% | 90.32% | 116.25% | 95.02% | 83.46% | +1,400 bps | |
| Non-Interest Burden | -1.45% | -0.25% | 2.05% | 0.88% | 2.47% | 3.28% | 2.99% | 2.59% | +170 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.53% | 12.98% | 2.58% | 3.57% | 11.03% | 4.27% | 4.06% | 10.74% | +718 bps | |
| Loan Growth (YoY) | 13.68% | 9.58% | 11.24% | 11.66% | -2.27% | 2.86% | 8.45% | 12.18% | +52 bps | |
| Deposit Growth (YoY) | 7.09% | 12.30% | 7.08% | 8.84% | 19.50% | 10.27% | 11.21% | 8.46% | -38 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.18% | 1.40% | 1.03% | 0.23% | 0.44% | 0.44% | 0.41% | 0.28% | +5 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.01% | 0.01% | 0.00% | 0.02% | 0.00% | 0.01% | 0.00% | 0 bps | |
| Allowance / Loans | 1.11% | 1.11% | 1.05% | 0.99% | 1.06% | 1.04% | 0.98% | 0.95% | -4 bps | |
| Allowance Coverage of NPLs | 0.9x | 0.8x | 1.0x | 4.3x | 2.4x | 2.4x | 2.4x | 3.4x | -0.9x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 12.65% | 12.15% | 12.63% | 12.78% | 12.29% | 10.49% | 11.13% | 10.99% | -180 bps | |
| Total Risk-Based Capital | 15.68% | 16.94% | 16.79% | 16.79% | 17.44% | 15.44% | 15.30% | 15.39% | -140 bps | |
| Equity / Assets | 12.58% | 12.15% | 12.32% | 12.67% | 11.60% | 10.46% | 10.46% | 10.08% | -259 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 113.12% | 103.39% | 106.47% | 112.12% | 92.51% | 96.44% | 103.83% | 115.96% | +384 bps | |
| Liquid Assets / Assets | 1.32% | 6.98% | 3.50% | 1.22% | 13.95% | 8.91% | 1.44% | 2.16% | +94 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |