Erie, PA · Charter 20057
Q4 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2008, the quarter ended December 31, 2008, 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.
Erie, PA · Charter 20057
Q4 2008
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.27% | 0.24% | 0.17% | 0.09% | -3.19% | -18.98% | -10.74% | -13.32% | -1,340 bps | |
| Return on Equity | 4.56% | 0.88% | 0.62% | 0.30% | -11.44% | -87.98% | -50.21% | -78.73% | -7,903 bps | |
| Net Interest Margin | 5.00% | 4.71% | 4.79% | 5.17% | 5.48% | 5.31% | 5.03% | 0.06% | -511 bps | |
| Efficiency Ratio | 74.56% | 78.36% | 80.24% | 85.82% | 71.74% | 80.22% | 84.10% | 1795% | +170,881 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.95% | 0.27% | -1.56% | 0.33% | -3.71% | -12.73% | -6.46% | -2.92% | -325 bps | |
| Loan Growth (YoY) | 7.15% | 23.03% | 25.02% | 19.15% | 14.30% | -10.49% | -18.83% | -21.62% | -4,077 bps | |
| Share Growth (YoY) | -3.77% | -1.26% | -1.15% | -2.61% | -3.58% | -3.39% | 1.68% | 18.14% | +2,075 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 4.17% | 4.40% | 4.92% | 9.16% | 9.53% | 3.72% | 2.35% | 5.10% | -406 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.49% | 0.51% | 0.75% | 0.72% | 1.15% | 3.72% | 3.12% | 4.35% | +362 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 27.81% | 27.15% | 27.57% | 29.35% | 27.84% | 21.58% | 21.39% | 16.91% | -1,243 bps | |
| Net Worth / Assets | 27.81% | 27.15% | 27.57% | 29.35% | 27.84% | 21.58% | 21.39% | 16.91% | -1,243 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 85.47% | 94.55% | 96.96% | 114.25% | 101.32% | 87.60% | 77.41% | 75.80% | -3,845 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |