Felton, DE · Cert 12700
FDIC
Q4 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2010, the quarter ended December 31, 2010, 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.
Felton, DE · Cert 12700
FDIC
Q4 2010
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 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -3.26% | -1.80% | -1.74% | -2.11% | -2.21% | -1.71% | -3.75% | -3.03% | -92 bps | |
| Return on Equity | -31.32% | -17.21% | -16.55% | -19.45% | -18.07% | -13.93% | -31.09% | -25.53% | -607 bps | |
| Net Interest Margin | 3.45% | 3.49% | 3.41% | 3.40% | 3.30% | 3.44% | 3.64% | 3.64% | +24 bps | |
| Efficiency Ratio | 81.40% | 87.11% | 96.11% | 97.43% | 117.21% | 119.32% | 111.93% | 109.22% | +1,178 bps | |
| Non-Interest Burden | 2.82% | 3.10% | 3.38% | 3.43% | 4.09% | 4.32% | 6.74% | 5.98% | +255 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.50% | 5.57% | 1.16% | 0.90% | -3.51% | -8.31% | -13.09% | -13.68% | -1,458 bps | |
| Loan Growth (YoY) | 3.23% | 4.45% | -1.66% | -8.34% | -11.91% | -16.20% | -16.53% | -18.41% | -1,007 bps | |
| Deposit Growth (YoY) | 3.96% | 6.05% | 10.22% | 14.92% | 7.08% | 0.66% | -10.25% | -12.00% | -2,692 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.50% | 1.76% | 1.94% | 3.76% | 0.29% | 2.22% | 1.62% | 1.65% | -211 bps | |
| Allowance / Loans | 3.11% | 2.59% | 2.62% | 1.92% | 2.74% | 2.19% | 2.52% | 2.70% | +78 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 9.40% | 10.05% | 10.23% | 12.68% | 12.66% | 13.16% | 13.53% | 13.85% | +117 bps | |
| Equity / Assets | 9.97% | 10.53% | 10.60% | 12.23% | 12.17% | 12.50% | 11.31% | 10.96% | -128 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 114.35% | 112.02% | 102.16% | 94.04% | 94.07% | 93.26% | 95.01% | 87.20% | -684 bps | |
| Liquid Assets / Assets | 0.04% | 0.02% | 0.01% | 0.01% | 0.01% | 0.04% | 0.04% | 0.40% | +39 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |