Peer Analysis

Performance Ratios (%) SAL Peer Median Peer Average
ROAA 0.85 0.85 0.59
ROAE 9.10 7.28 6.45
Net Interest Margin 3.30 3.15 3.32
Efficiency Ratio 68.59 68.00 79.42
Loans / Deposits 97.66 101.10 89.68
Asset Quality Ratios (%)
NPAs / Assets 1.22 0.88 1.28
NCOs / Avg Loans 0.07 0.06 0.11
Reserves / Loans 0.95 1.12 1.07
Reserves / NPAs 64.07 86.68 101.90
Capital Ratios (%)
Tier 1 Capital 10.50 11.21 11.72
Tangible Equity / Tangible Assets 8.25 8.84 9.20
Total Equity / Total Assets 9.48 9.28 9.61
Market Ratios
Price / Earnings (x) 12.30 13.87 15.89
Price / Book (%) 106.69 128.19 172.32
Dividend Yield (%) 2.78 1.57 1.41
Data for trailing four quarters

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

Salisbury Bancorp, Inc.'s financial data is as of 3/31/2019.

Peer financial data is as of 3/31/2019 except for these companies:

Carver Bancorp, Inc.'s financial data is as of 12/31/2018.
Laurel Road Bank's financial data is as of 12/31/2018.