Muncy, PA · Cert 10678
FDIC · 10 branches
Q3 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2023, the quarter ended September 30, 2023, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Muncy, PA · Cert 10678
FDIC · 10 branches
Q3 2023
Market Position · Williamsport, PA · 2023 SOD (annual) · 16.5% share · #3 of 11 inst. · $0.5B of $2.9B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.35% | 1.17% | 1.15% | 1.09% | 1.06% | 0.77% | 0.80% | 0.83% | -26 bps | |
| Return on Equity | 13.79% | 12.91% | 13.30% | 13.31% | 13.16% | 10.24% | 10.76% | 11.53% | -178 bps | |
| Net Interest Margin | 3.14% | 3.26% | 3.26% | 3.17% | 3.10% | 2.75% | 2.67% | 2.63% | -54 bps | |
| Efficiency Ratio | 60.44% | 62.77% | 63.03% | 63.79% | 64.46% | 71.09% | 69.42% | 69.64% | +585 bps | |
| Non-Interest Burden | 1.55% | 1.84% | 1.88% | 1.87% | 1.85% | 1.82% | 1.73% | 1.71% | -15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 11.80% | 9.99% | 7.79% | 1.22% | 6.44% | 5.37% | 9.37% | 7.83% | +661 bps | |
| Loan Growth (YoY) | 9.93% | 10.53% | 9.23% | 10.12% | 8.69% | 10.32% | 9.92% | 9.62% | -50 bps | |
| Deposit Growth (YoY) | 16.13% | 14.61% | 10.34% | 4.45% | 4.52% | -0.75% | -2.99% | -6.85% | -1,130 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.22% | 0.21% | 0.18% | 0.28% | 0.21% | 0.18% | 0.20% | 0.20% | -9 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.02% | 0.00% | 0.00% | 0.01% | 0.00% | 0.01% | 0.01% | +1 bps | |
| Allowance / Loans | 1.06% | 1.06% | 1.06% | 1.05% | 1.02% | 1.08% | 1.06% | 1.00% | -6 bps | |
| Allowance Coverage of NPLs | 4.9x | 5.0x | 5.9x | 3.7x | 4.8x | 5.9x | 5.2x | 5.1x | +1.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.21% | 9.26% | 9.34% | 9.36% | 9.35% | 9.17% | 9.17% | 9.03% | -34 bps | |
| Total Risk-Based Capital | 9.21% | 9.26% | 9.34% | 9.36% | 9.35% | 9.17% | 9.17% | 9.03% | -34 bps | |
| Equity / Assets | 9.79% | 8.37% | 7.77% | 6.91% | 7.39% | 7.59% | 7.27% | 6.55% | -36 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 84.64% | 80.98% | 83.57% | 83.86% | 88.01% | 90.01% | 94.68% | 98.69% | +1,483 bps | |
| Liquid Assets / Assets | 0.48% | 3.01% | 0.29% | 0.40% | 0.38% | 0.35% | 1.30% | 0.46% | +7 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |