Gaithersburg, MD · Cert 21415
FDIC
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, 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.
Gaithersburg, MD · Cert 21415
FDIC
Q1 2005
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 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.53% | 1.52% | 1.46% | 1.65% | 1.64% | 1.53% | 1.51% | 1.48% | -17 bps | |
| Return on Equity | 19.14% | 18.80% | 17.74% | 19.51% | 19.70% | 16.57% | 15.65% | 13.45% | -606 bps | |
| Net Interest Margin | 4.51% | 4.12% | 3.70% | 4.51% | 4.40% | 4.15% | 3.91% | 4.17% | -34 bps | |
| Efficiency Ratio | 44.61% | 45.73% | 48.27% | 46.19% | 46.46% | 47.31% | 48.48% | 48.25% | +207 bps | |
| Non-Interest Burden | 1.66% | 1.56% | 1.52% | 1.82% | 1.77% | 1.71% | 1.67% | 1.79% | -3 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 29.80% | 17.07% | 36.31% | 41.00% | 34.46% | 53.86% | 29.33% | 30.06% | -1,094 bps | |
| Loan Growth (YoY) | 20.08% | 23.57% | 75.88% | 78.32% | 77.07% | 79.82% | 31.78% | 32.65% | -4,568 bps | |
| Deposit Growth (YoY) | 30.89% | 16.01% | 40.02% | 44.90% | 39.54% | 52.68% | 16.96% | 23.29% | -2,161 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 | -0.04% | -0.05% | -0.03% | -0.01% | 0.00% | 0.00% | 0.00% | 0.01% | +2 bps | |
| Allowance / Loans | 1.96% | 1.88% | 1.29% | 1.21% | 1.16% | 1.16% | 1.05% | 0.98% | -24 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 | 13.70% | 19.33% | 16.55% | 15.99% | 15.64% | 14.76% | 13.85% | 13.31% | -268 bps | |
| Equity / Assets | 8.13% | 8.38% | 8.51% | 8.38% | 8.16% | 11.54% | 11.12% | 10.85% | +247 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.77% | 90.41% | 102.33% | 105.95% | 103.77% | 106.48% | 115.30% | 113.99% | +804 bps | |
| Liquid Assets / Assets | 0.16% | 0.15% | 0.07% | 0.15% | 0.16% | 0.18% | 0.08% | 0.12% | -3 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |