Willow Grove, PA · Charter 12301
Q4 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2003, the quarter ended December 31, 2003, 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.
Willow Grove, PA · Charter 12301
Q4 2003
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.70% | 0.75% | 0.62% | 0.65% | 0.19% | 0.42% | 0.41% | -4.70% | -536 bps | |
| Return on Equity | 8.36% | 9.46% | 7.60% | 8.17% | 2.44% | 5.51% | 5.06% | -156.70% | -16,487 bps | |
| Net Interest Margin | 2.79% | 2.88% | 2.81% | 2.67% | 2.67% | 3.11% | 3.42% | 3.56% | +89 bps | |
| Efficiency Ratio | 59.92% | 67.09% | 71.65% | 70.71% | 77.54% | 57.95% | 54.07% | 104.91% | +3,420 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 20.04% | 22.84% | 26.10% | 17.26% | 17.79% | 9.01% | 6.52% | -1.16% | -1,842 bps | |
| Loan Growth (YoY) | 12.15% | -2.10% | -3.77% | -5.36% | -12.05% | -15.82% | -22.02% | -26.21% | -2,085 bps | |
| Share Growth (YoY) | 19.81% | 26.95% | 29.29% | 17.62% | 18.64% | 9.35% | 6.62% | 2.35% | -1,527 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 9.30% | 6.84% | 9.25% | 8.68% | 10.42% | 10.30% | 9.03% | 3.21% | -547 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.83% | 0.83% | 0.88% | 0.98% | 1.06% | 1.55% | 1.35% | 3.01% | +203 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 8.37% | 7.96% | 8.13% | 7.98% | 7.69% | 7.71% | 8.06% | 3.00% | -497 bps | |
| Net Worth / Assets | 8.37% | 7.96% | 8.13% | 7.98% | 7.69% | 7.71% | 8.06% | 3.00% | -497 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 71.44% | 63.60% | 65.45% | 58.35% | 52.96% | 48.96% | 47.87% | 42.07% | -1,628 bps | |
| Liquid Assets / Assets | 32.78% | 12.37% | 18.56% | 44.56% | 2.58% | 29.54% | 27.40% | 36.79% | -777 bps | |