PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

New England Trust Company, National Association

Providence, RI · Cert 90641

FDIC

Q3 2008

$1.6MAssets
n/aLoans
n/aDeposits
$1.4MEquity

Executive Summary

  • Earnings: ROA of 6.69%, up 2,302 bps year over year; NIM at 19.30%.

Return on Assets (quarter, annualized)

6.69%+2,302 bps YoY

Net Interest Margin (quarter, annualized)

19.30%+1,930 bps YoY

Efficiency Ratio (quarter, annualized)

87.50%-46,250 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

4.49%Q3 ’060.00%Q3 ’0719.30%Q3 ’08-100%

Non-interest income vs. expense

18.43%Q3 ’0635.64%Q3 ’0743.58%Q3 ’08+1957%-55%

Discrete quarter, annualized.

MetricQ4 2006Q1 2007Q2 2007Q3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets-7.88%-0.70%-5.67%-16.33%-15.74%-19.99%-18.35%6.69%+2,302 bps
Return on Equity-7.88%-0.70%-5.67%-17.00%-16.72%-20.43%-18.38%7.06%+2,407 bps
Net Interest Margin3.21%0.00%6.78%0.00%0.00%0.00%0.00%19.30%+1,930 bps
Efficiency Ratio100.00%120.83%167.21%550%552%1183%587%87.50%-46,250 bps
Non-Interest Burden3.21%1.17%16.36%29.16%27.23%34.28%32.07%13.07%-1,608 bps
Growth
Asset Growth (YoY)-1.95%-3.23%-4.10%0.29%-6.02%-13.60%-16.59%-9.32%-961 bps
Loan Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Deposit Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital458%456%248%283%343%408%222%242%-4,118 bps
Equity / Assets99.94%100.00%100.00%92.22%96.20%99.66%100.00%90.09%-213 bps
Liquidity & Funding
Loans / Depositsn/an/an/an/an/an/an/an/an/an/a
Liquid Assets / Assets0.88%0.88%0.89%0.86%0.93%1.02%1.07%0.95%+9 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a