PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Northside Bank

Pittsburgh, PA · Cert 14558

FDIC

Q4 2004

$504.6MAssets
$316.9MLoans
$383.8MDeposits
$38.9MEquity
Loan mix
74%RE $79.9M25%C&I $27.0M2%Consumer $1.7MQ4 2003Q4 2004
Deposit mix
79%Interest-bearing $301.8M21%Noninterest $82.0MQ4 2003Q4 2004

NIM

6.12%Q4 ’025.44%Q4 ’035.05%Q4 ’04-10%+1%

Non-interest income vs. expense

2.54%Q4 ’022.45%Q4 ’032.87%Q4 ’04-10%+25%

Executive Summary

  • Earnings: ROA of 0.65%, up 11 bps year over year; NIM at 3.05%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.44%.
  • Funding: loans stand at 82.55% of deposits as of Q4 2004.

Financial Results

Return on Assets (YTD, annualized)

0.65%+11 bps YoY

Net Interest Margin (YTD, annualized)

3.05%+4 bps YoY

Efficiency Ratio (YTD, annualized)

77.37%+1,122 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004YoY ΔTrend
Earnings
Return on Assets0.55%0.77%0.77%0.56%0.65%+11 bps
Return on Equity6.99%10.00%10.42%7.60%8.76%+177 bps
Net Interest Margin3.01%3.01%2.87%2.96%3.05%+4 bps
Efficiency Ratio66.15%68.34%69.29%79.90%77.37%+1,122 bps
Non-Interest Burden1.76%1.87%1.80%2.23%2.21%+45 bps
Growth
Asset Growth (YoY)-0.71%-1.63%2.90%1.28%-0.55%+16 bps
Loan Growth (YoY)-6.34%-6.28%-3.28%-0.75%0.17%+651 bps
Deposit Growth (YoY)-2.03%-1.22%4.22%3.20%4.74%+677 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.23%0.28%0.19%0.53%0.44%+21 bps
Allowance / Loans2.18%2.20%2.13%1.86%1.87%-31 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital11.70%12.00%11.07%11.32%11.79%+9 bps
Equity / Assets7.90%7.60%6.64%7.42%7.71%-19 bps
Liquidity & Funding
Loans / Deposits86.32%82.29%80.39%82.63%82.55%-377 bps
Liquid Assets / Assets0.12%0.05%0.29%0.11%0.03%-10 bps
CRE / Total Capitaln/an/an/an/an/an/an/a