Financial performance The bank’s net income was $6.01 million, exceeding our 2011 results. Our loan portfolio is now at $491 million, total deposits at $488 million, and total assets reached another new high of $636 million. In addition, total equity for the bank increased by 4.7%, bringing us to an historic level of $103.6 million. The strength and safety of a bank is reflected in its capital. Impressively, our Tier 1 leverage capital ratio of 16.15% ranks Newburyport Five Cents Savings Bank second out of 61 member Deposit Insurance Fund banks. At the state level, the bank’s Return on Assets (ROA) was ranked 18th highest of all of the 152 Massachusetts chartered banks. The bank once again experienced a return on assets of 0.96%, while the state median average for the 152 state banks was 0.57% for 2012. When comparing the Newburyport Five Cents Savings Bank to its FDIC national peer group which consists of 102 banks with assets from $300 million to $1 billion, we proudly ranked in the 86th percentile for net income.