Saint Michaels, MD · Cert 1575
FDIC
Q2 2004
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 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.16% | 2.20% | 2.14% | 2.15% | 2.19% | 2.25% | 2.05% | 2.13% | -2 bps | |
| Return on Equity | 20.66% | 21.16% | 21.08% | 21.42% | 22.55% | 23.81% | 24.33% | 25.66% | +424 bps | |
| Net Interest Margin | 5.33% | 5.26% | 5.17% | 4.99% | 4.86% | 4.70% | 4.67% | 4.54% | -45 bps | |
| Efficiency Ratio | 41.98% | 40.88% | 42.09% | 39.06% | 37.04% | 37.08% | 35.65% | 34.53% | -453 bps | |
| Non-Interest Burden | 1.91% | 1.82% | 1.61% | 1.46% | 1.35% | 1.32% | 1.33% | 1.20% | -26 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.45% | 15.65% | 11.21% | 10.12% | 11.72% | 14.73% | 17.64% | 17.08% | +695 bps | |
| Loan Growth (YoY) | 13.34% | 16.86% | 13.01% | 11.68% | 13.89% | 14.37% | 17.95% | 16.59% | +490 bps | |
| Deposit Growth (YoY) | 20.44% | 12.76% | 20.94% | 15.43% | 12.59% | 13.28% | 5.71% | 8.28% | -715 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 | 0.05% | 0.05% | 0.09% | 0.06% | 0.19% | 0.21% | 0.74% | 0.45% | +39 bps | |
| Allowance / Loans | 2.52% | 2.40% | 2.37% | 2.26% | 2.09% | 1.78% | 1.53% | 1.42% | -83 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 | 13.92% | 13.60% | 13.55% | 13.14% | 16.52% | 16.08% | 15.70% | 15.18% | +203 bps | |
| Equity / Assets | 10.26% | 10.07% | 10.20% | 9.87% | 8.82% | 8.48% | 8.40% | 8.01% | -185 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 127.27% | 130.61% | 122.92% | 130.91% | 128.74% | 131.87% | 137.15% | 140.95% | +1,004 bps | |
| Liquid Assets / Assets | 0.25% | 0.25% | 0.24% | 0.23% | 0.18% | 0.21% | 0.26% | 0.33% | +11 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |