Smithfield, PA · Cert 17766
FDIC
Q4 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2006, the quarter ended December 31, 2006, 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.
Smithfield, PA · Cert 17766
FDIC
Q4 2006
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 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.42% | 0.38% | 0.27% | 0.28% | 0.25% | -0.77% | 0.31% | 0.39% | +11 bps | |
| Return on Equity | 6.02% | 5.14% | 3.60% | 3.61% | 3.10% | -9.91% | 3.79% | 4.40% | +79 bps | |
| Net Interest Margin | 2.20% | 2.33% | 2.37% | 2.40% | 2.30% | 2.29% | 1.03% | 1.75% | -65 bps | |
| Efficiency Ratio | 88.72% | 85.25% | 87.11% | 86.42% | 85.62% | 113.03% | 59.81% | 66.12% | -2,031 bps | |
| Non-Interest Burden | 1.94% | 1.97% | 2.04% | 2.05% | 1.93% | 2.66% | 0.57% | 1.10% | -96 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -24.12% | -25.65% | -23.03% | -21.01% | -13.89% | -9.96% | -3.81% | 5.44% | +2,645 bps | |
| Loan Growth (YoY) | -13.42% | -12.73% | -9.67% | 0.69% | 10.08% | 13.45% | 126.18% | 120.47% | +11,978 bps | |
| Deposit Growth (YoY) | -23.86% | -26.51% | -22.33% | -20.06% | -12.95% | -9.06% | -6.14% | 0.83% | +2,089 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 | 0.61% | -0.03% | 0.16% | 0.12% | -0.50% | -0.48% | -0.06% | -0.07% | -19 bps | |
| Allowance / Loans | 3.02% | 3.32% | 3.19% | 3.02% | 3.03% | 5.04% | 2.55% | 2.49% | -53 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 | 18.82% | 20.59% | 19.86% | 20.90% | 20.99% | 20.16% | 9.73% | 10.82% | -1,008 bps | |
| Equity / Assets | 6.99% | 8.34% | 8.17% | 8.16% | 8.05% | 7.19% | 8.90% | 11.76% | +360 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 19.39% | 20.17% | 21.20% | 23.25% | 24.52% | 25.16% | 51.10% | 50.84% | +2,759 bps | |
| Liquid Assets / Assets | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.05% | 0.05% | 0.04% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |