PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Edon State Bank Company of Edon, Ohio, The

Edon, OH · Cert 13206

FDIC · 1 branch

Q1 2020

$59.6MAssets
$17.3MLoans
$48.2MDeposits
$11.4MEquity
Loan mix
93%RE $14.2M6%C&I $0.9M1%Consumer $0.2MQ2 2018Q1 2020
Deposit mix
84%Interest-bearing $40.3M16%Noninterest $7.9MQ2 2018Q1 2020

Executive Summary

  • Earnings: ROA of 0.55%, down 41 bps year over year; NIM at 2.20%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 18.62%, down 37 bps from a year ago.
  • Funding: loans stand at 35.79% of deposits as of Q1 2020.

Return on Assets (YTD, annualized)

0.55%-41 bps YoY

Net Interest Margin (YTD, annualized)

2.20%-30 bps YoY

Efficiency Ratio (YTD, annualized)

77.20%+1,358 bps YoY

Tier 1 Leverage Ratio

18.62%-37 bps YoY

NIM

2.53%Q1 ’182.73%Q1 ’192.50%Q1 ’20+4%-12%

Non-interest income vs. expense

1.68%Q1 ’181.69%Q1 ’191.84%Q1 ’20+6%+8%

Year to date, annualized, through each quarter.

MetricQ2 2018Q3 2018Q4 2018Q1 2019Q2 2019Q3 2019Q4 2019Q1 2020YoY ΔTrend
Earnings
Return on Assets1.10%1.00%1.00%0.96%0.90%0.85%0.86%0.55%-41 bps
Return on Equity6.09%5.46%5.53%5.26%4.80%4.48%4.52%2.91%-235 bps
Net Interest Margin2.47%2.53%2.50%2.50%2.54%2.57%2.37%2.20%-30 bps
Efficiency Ratio60.89%64.04%62.57%63.61%66.17%67.45%67.25%77.20%+1,358 bps
Non-Interest Burden1.38%1.52%1.47%1.53%1.61%1.66%1.53%1.66%+13 bps
Growth
Asset Growth (YoY)-0.29%-0.48%2.63%-0.92%-3.49%0.28%-0.01%-1.98%-106 bps
Loan Growth (YoY)10.29%2.64%0.31%-1.43%-4.81%-1.15%-3.82%-7.17%-574 bps
Deposit Growth (YoY)-1.17%-2.23%2.94%-1.87%-4.58%4.01%-0.79%-2.55%-68 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.35%1.38%1.44%1.47%1.45%1.46%1.53%1.62%+15 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio18.91%19.67%19.03%18.99%19.89%20.43%18.27%18.62%-37 bps
Total Risk-Based Capital46.79%47.81%47.76%48.32%48.46%49.93%50.19%68.03%+1,970 bps
Equity / Assets18.54%18.70%17.79%18.64%20.13%19.64%18.42%19.10%+47 bps
Liquidity & Funding
Loans / Deposits41.13%41.91%37.38%37.57%41.03%39.83%36.24%35.79%-178 bps
Liquid Assets / Assets50.24%50.81%52.96%52.49%49.05%50.36%53.47%66.32%+1,383 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a