Ocean City, MD · Cert 21641
FDIC
Q3 2003
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 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.70% | 0.62% | 0.65% | 0.69% | 0.74% | 0.68% | 0.60% | 0.47% | -22 bps | |
| Return on Equity | n/a | 4.95% | 5.24% | 5.57% | 5.93% | 5.38% | 4.74% | 2.99% | -258 bps | |
| Net Interest Margin | 3.66% | 4.05% | 4.08% | 4.06% | 4.12% | 4.07% | 3.97% | 3.09% | -96 bps | |
| Efficiency Ratio | 86.41% | 68.73% | 67.03% | 65.57% | 64.66% | 68.54% | 69.36% | 74.15% | +858 bps | |
| Non-Interest Burden | 3.02% | 3.22% | 3.13% | 3.01% | 3.00% | 3.19% | 3.16% | 2.46% | -55 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.63% | 3.68% | 5.84% | 5.69% | -1.67% | -0.36% | 0.27% | 16.78% | +1,109 bps | |
| Loan Growth (YoY) | -1.64% | -2.94% | -0.70% | -5.00% | -7.04% | -9.25% | -10.27% | -8.53% | -353 bps | |
| Deposit Growth (YoY) | 5.91% | 6.40% | 3.95% | 6.92% | -3.54% | -1.47% | 2.58% | 0.16% | -676 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 | -0.37% | -0.01% | 0.05% | 0.05% | 0.08% | 0.03% | 0.01% | 0.04% | -1 bps | |
| Allowance / Loans | 1.10% | 1.12% | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% | 0 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 | 11.55% | 12.82% | 13.68% | 13.49% | 13.72% | 15.18% | 15.47% | 34.74% | +2,126 bps | |
| Equity / Assets | 12.42% | 12.61% | 12.46% | 12.06% | 12.71% | 12.77% | 12.35% | 23.52% | +1,147 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.10% | 71.59% | 70.38% | 66.58% | 72.37% | 65.94% | 61.57% | 60.80% | -578 bps | |
| Liquid Assets / Assets | 11.82% | 14.58% | 15.52% | 21.70% | 22.39% | 25.74% | 28.27% | 0.00% | -2,170 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |