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## Dependability: Double-Digit Net Earnings Growth 

Net income grew by 14% to a record $19.04 million, or $3.43 per Class A share diluted, for the year ended December 31, 2012, as compared to net income of $16.7 million, or $3.01 per Class A share diluted, for 2011. Century’s return on average equity (ROE) is now 11.1%, up from 2011’s 10.7%. Our ROE is within the top quartile of our regional peer group. Our average efficiency ratio of overhead to revenue improved to 62.1%, down from 62.2% in 2011, and below the median (lower is favorable) within our regional peer group. This achievement proves that, while we have grown, we have lost no increment of control over expenses. Senior management continues to review and sign every expense invoice. 

## SUSTAINAbILITY 

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## Credibility: Significant Asset Growth 

Total assets increased 12.5% to a record $3.09 billion on December 31, 2012, up from $2.74 billion on December 31, 2011, an increase of $343 million. Century has added record numbers of new client acquisitions in all three segments: consumer, business, and institutional. Clients seek a stable banking environment, free of event risk, and predicated on the three markers of consistent growth of earnings, assets, and capital. We continue to produce all three, and client originations follow. We are proud to cite an increasing number of the most established educational and governmental institutions in New England as our clients. 

## Sustainability: Consistent Capital Growth 

Total equity rose to $180 million on December 31, 2012, an increase of 11.8% from $161 million on December 31, 2011. Book value per share 

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