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Clearfield Bank and Trust Company, The

Clearfield, PA · Cert 11116

FDIC · 12 branches

Q3 2017

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2017, the quarter ended September 30, 2017, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Clearfield Bank and Trust Company, The

Clearfield, PA · Cert 11116

FDIC · 12 branches

Q3 2017

$503.2MAssets
$394.8MLoans
$438.4MDeposits
$57.1MEquity
Loan mix
79%RE $228.3M18%C&I $50.9M4%Consumer $11.3MQ3 2016Q3 2017
Deposit mix
84%Interest-bearing $367.2M16%Noninterest $71.2MQ3 2016Q3 2017

NIM

3.63%Q3 ’153.68%Q3 ’163.70%Q3 ’17+0%-1%

Non-interest income vs. expense

3.29%Q3 ’153.11%Q3 ’163.25%Q3 ’17-4%+11%

Market Position · Altoona, PA · 2017 SOD (annual) · 2.1% share · #10 of 13 inst. · $0.1B of $2.5B

20.9% Clearfield
11.9% Huntingdon
2.1% Blair
0.5% Centre

Executive Summary

  • Earnings: ROA of 0.51%, down 28 bps year over year; NIM at 3.26%.
  • Asset quality: problem loans at 0.52% of loans (+52 bps YoY), with net charge-offs at 0.60%.
  • Capital: tier 1 leverage ratio of 10.11%, down 70 bps from a year ago.
  • Funding: loans stand at 90.07% of deposits as of Q3 2017.

Financial Results

Return on Assets (YTD, annualized)

0.51%-28 bps YoY

Net Interest Margin (YTD, annualized)

3.26%-3 bps YoY

Efficiency Ratio (YTD, annualized)

78.32%+556 bps YoY

Tier 1 Leverage Ratio

10.11%-70 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2016Q4 2016Q1 2017Q2 2017Q3 2017YoY ΔTrend
Earnings
Return on Assets0.79%0.77%0.55%0.61%0.51%-28 bps
Return on Equity6.44%6.31%4.65%5.24%4.35%-209 bps
Net Interest Margin3.30%3.26%3.29%3.26%3.26%-3 bps
Efficiency Ratio72.76%72.10%72.03%72.10%78.32%+556 bps
Non-Interest Burden2.09%2.04%2.07%2.06%2.32%+24 bps
Growth
Asset Growth (YoY)7.55%5.55%6.79%7.37%7.77%+22 bps
Loan Growth (YoY)14.16%11.67%9.75%8.42%7.80%-635 bps
Deposit Growth (YoY)8.99%9.66%7.96%8.67%8.79%-19 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.60%0.64%0.52%+52 bps
Net Charge-Offs / Loans0.07%0.07%0.40%0.22%0.60%+53 bps
Allowance / Loans0.91%0.94%0.98%1.03%0.70%-20 bps
Allowance Coverage of NPLsn/an/a1.6x1.6x1.3xn/a
Capital
Tier 1 Leverage Ratio10.81%10.64%10.44%10.29%10.11%-70 bps
Total Risk-Based Capital15.08%14.53%14.67%14.48%13.80%-128 bps
Equity / Assets12.23%11.90%11.75%11.56%11.34%-89 bps
Liquidity & Funding
Loans / Deposits90.89%96.50%90.84%90.08%90.07%-82 bps
Liquid Assets / Assets0.48%0.01%2.81%4.53%4.85%+438 bps
CRE / Total Capitaln/an/an/an/an/an/an/a