Clearfield, PA · Cert 11116
FDIC · 12 branches
Q3 2017
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Clearfield, PA · Cert 11116
FDIC · 12 branches
Q3 2017
Market Position · Altoona, PA · 2017 SOD (annual) · 2.1% share · #10 of 13 inst. · $0.1B of $2.5B
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 2015 | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.83% | 0.73% | 0.77% | 0.79% | 0.77% | 0.55% | 0.61% | 0.51% | -28 bps | |
| Return on Equity | 6.89% | 5.96% | 6.31% | 6.44% | 6.31% | 4.65% | 5.24% | 4.35% | -209 bps | |
| Net Interest Margin | 3.25% | 3.32% | 3.28% | 3.30% | 3.26% | 3.29% | 3.26% | 3.26% | -3 bps | |
| Efficiency Ratio | 72.21% | 74.04% | 73.14% | 72.76% | 72.10% | 72.03% | 72.10% | 78.32% | +556 bps | |
| Non-Interest Burden | 2.04% | 2.17% | 2.10% | 2.09% | 2.04% | 2.07% | 2.06% | 2.32% | +24 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.60% | 7.06% | 7.02% | 7.55% | 5.55% | 6.79% | 7.37% | 7.77% | +22 bps | |
| Loan Growth (YoY) | 15.85% | 15.44% | 14.33% | 14.16% | 11.67% | 9.75% | 8.42% | 7.80% | -635 bps | |
| Deposit Growth (YoY) | 0.42% | 6.68% | 8.96% | 8.99% | 9.66% | 7.96% | 8.67% | 8.79% | -19 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.60% | 0.64% | 0.52% | +52 bps | |
| Net Charge-Offs / Loans | 0.16% | 0.02% | 0.07% | 0.07% | 0.07% | 0.40% | 0.22% | 0.60% | +53 bps | |
| Allowance / Loans | 0.93% | 0.95% | 0.92% | 0.91% | 0.94% | 0.98% | 1.03% | 0.70% | -20 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | 1.6x | 1.6x | 1.3x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.91% | 10.68% | 10.69% | 10.81% | 10.64% | 10.44% | 10.29% | 10.11% | -70 bps | |
| Total Risk-Based Capital | 15.67% | 15.53% | 15.26% | 15.08% | 14.53% | 14.67% | 14.48% | 13.80% | -128 bps | |
| Equity / Assets | 12.18% | 12.23% | 12.22% | 12.23% | 11.90% | 11.75% | 11.56% | 11.34% | -89 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 94.76% | 89.36% | 90.28% | 90.89% | 96.50% | 90.84% | 90.08% | 90.07% | -82 bps | |
| Liquid Assets / Assets | 0.01% | 1.05% | 0.74% | 0.48% | 0.01% | 2.81% | 4.53% | 4.85% | +438 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |