Hornell, NY · Cert 12936
FDIC · 15 branches
Q1 2020
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2020, the quarter ended March 31, 2020, 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.
Hornell, NY · Cert 12936
FDIC · 15 branches
Q1 2020
Market Position · Rochester, NY · 2019 SOD (annual) · 0.1% share · #18 of 19 inst. · $0.0B of $19.2B
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 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.24% | 1.24% | 1.28% | 1.17% | 1.22% | 1.24% | 1.27% | 1.16% | 0 bps | |
| Return on Equity | 11.74% | 11.84% | 12.08% | 10.80% | 11.08% | 11.13% | 11.19% | 9.41% | -138 bps | |
| Net Interest Margin | 3.46% | 3.46% | 3.47% | 3.54% | 3.52% | 3.55% | 3.58% | 3.48% | -6 bps | |
| Efficiency Ratio | 61.73% | 61.28% | 60.94% | 65.03% | 63.22% | 62.73% | 62.88% | 65.87% | +84 bps | |
| Non-Interest Burden | 1.86% | 1.84% | 1.83% | 2.07% | 1.97% | 1.96% | 1.98% | 2.06% | -1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.78% | 6.44% | 4.64% | 8.52% | 5.12% | 2.80% | 1.51% | -1.70% | -1,022 bps | |
| Loan Growth (YoY) | 8.34% | 10.64% | 7.78% | 7.10% | 5.01% | 0.99% | -1.24% | -5.22% | -1,232 bps | |
| Deposit Growth (YoY) | 6.70% | 10.45% | 7.85% | 9.22% | 4.82% | 1.19% | -0.34% | -2.69% | -1,191 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.39% | 0.84% | 0.88% | 0.84% | 0.32% | 0.47% | 0.25% | 0.28% | -55 bps | |
| Net Charge-Offs / Loans | 0.04% | 0.06% | 0.06% | 0.14% | 0.09% | 0.06% | 0.05% | 0.02% | -12 bps | |
| Allowance / Loans | 1.22% | 1.22% | 1.22% | 1.20% | 1.21% | 1.23% | 1.24% | 1.28% | +8 bps | |
| Allowance Coverage of NPLs | 3.1x | 1.4x | 1.4x | 1.4x | 3.8x | 2.6x | 5.0x | 4.5x | +3.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.16% | 11.28% | 11.44% | 11.38% | 11.47% | 11.83% | 12.16% | 12.40% | +102 bps | |
| Total Risk-Based Capital | 17.75% | 18.00% | 18.26% | 18.49% | 18.59% | 19.24% | 19.81% | 12.40% | -609 bps | |
| Equity / Assets | 10.37% | 10.27% | 10.87% | 10.74% | 11.30% | 11.63% | 12.31% | 12.38% | +164 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 71.35% | 70.46% | 74.06% | 68.64% | 71.48% | 70.32% | 73.40% | 66.86% | -178 bps | |
| Liquid Assets / Assets | 3.51% | 3.88% | 1.53% | 5.15% | 1.50% | 3.48% | 2.08% | 7.09% | +194 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |