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Reasons To Invest
    • Commercial loan growth 14.5% 3-year CAGR.
    • Demand deposit growth 12.2% 3-year CAGR.
    • Low cost core deposit growth 16.4% 3-year CAGR.
    • Assets increased $63.9 million Q1 2013; or 3.2%.
    • Core operating revenue growth of 14% year-over-year and 2% linked quarter
    • Core operating expense increased 19% year-over-year due to infrastructure investments, and 1% increase linked quarters
    • Record first quarter earnings; ROAA 0.89% for Q1 2013; diluted EPS up 31% from prior year
    • Strong asset quality – NCOs/average loans 0.02% Q1 2013; 0.08% annualized
    • Strong credit review program - Third party review of commercial loan portfolio and new originations four times a year, in addition to new origination review by CRO and EVP/Commercial Banking. Stock buybacks – 10% Plan commenced after completion of Federal Reserve Bank of Boston supervisory review March 12, 2012. Plan completed as of May 20, 2013
    • Announced 2nd 10% Stock Buyback Plan May 20, 2013
    • Dividend increased 54% since 2011 conversion

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