Peer Analysis

Performance Ratios (%) SAL Peer Median Peer Average
ROAA 0.99 0.96 0.46
ROAE 10.23 6.85 4.18
Net Interest Margin 3.28 3.06 3.30
Efficiency Ratio 66.05 67.99 79.51
Loans / Deposits 101.83 99.46 91.07
Asset Quality Ratios (%)
NPAs / Assets NA 1.04 1.21
NCOs / Avg Loans 0.06 0.08 0.15
Reserves / Loans 0.95 1.07 1.07
Reserves / NPAs NA 86.68 77.13
Capital Ratios (%)
Tier 1 Capital NA 11.67 11.74
Tangible Equity / Tangible Assets 9.01 9.25 9.96
Total Equity / Total Assets 10.22 9.71 10.36
Market Ratios
Price / Earnings (x) 11.16 12.09 13.65
Price / Book (%) 109.09 114.44 125.56
Dividend Yield (%) 2.55 1.69 1.40
Data for trailing four quarters

Salisbury Bancorp, Inc.'s peer group consists of the following: Bankwell Financial Group, Inc. (BWFG), Carver Bancorp, Inc. (CARV), DR Bank (DRWB), Evans Bancorp, Inc. (EVBN), Greene County Bancorp, Inc. (MHC) (GCBC), Katahdin Bankshares Corporation (KTHN), Lyons Bancorp, Inc. (LYBC), Patriot National Bancorp, Inc. (PNBK), Provident Bancorp, Inc. (PVBC), SI Financial Group, Inc., Western New England Bancorp, Inc. (WNEB)

Salisbury Bancorp, Inc.'s financial data is as of 12/31/2019.

Peer financial data is as of 12/31/2019 except for these companies:

Greene County Bancorp, Inc. (MHC)'s financial data is as of 12/31/2019.
SI Financial Group, Inc.'s financial data is as of 3/31/2019.
DR Bank's financial data is as of 12/31/2018.
Provident Bancorp, Inc.'s financial data is as of 12/31/2019.