Cortland, OH · Cert 2281
FDIC · 13 branches
Q3 2021
Market Position · Youngstown-Warren-Boardman, OH-PA · 2021 SOD (annual) · 4.4% share · #7 of 17 inst. · $0.6B of $13.3B
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 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.17% | 0.91% | 1.04% | 1.08% | 1.19% | 1.43% | 1.34% | 1.27% | +18 bps | |
| Return on Equity | 12.28% | 9.39% | 10.84% | 11.41% | 12.54% | 14.78% | 13.63% | 12.87% | +146 bps | |
| Net Interest Margin | 3.40% | 3.22% | 2.94% | 2.85% | 2.94% | 3.24% | 3.15% | 3.23% | +38 bps | |
| Efficiency Ratio | 63.24% | 64.62% | 61.57% | 60.43% | 59.95% | 58.90% | 60.40% | 62.83% | +241 bps | |
| Non-Interest Burden | 1.89% | 1.79% | 1.50% | 1.39% | 1.39% | 1.55% | 1.59% | 1.71% | +32 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.19% | 3.96% | 12.99% | 15.91% | 11.46% | 11.15% | 1.64% | -1.57% | -1,748 bps | |
| Loan Growth (YoY) | 1.59% | 0.48% | 10.14% | 9.58% | 7.65% | 7.85% | -6.98% | -6.36% | -1,594 bps | |
| Deposit Growth (YoY) | 2.29% | 3.71% | 12.41% | 15.91% | 13.28% | 14.67% | 4.48% | 1.82% | -1,409 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.45% | 0.43% | 0.39% | 0.36% | 0.34% | 0.43% | 0.28% | 0.22% | -13 bps | |
| Net Charge-Offs / Loans | 0.09% | -0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.02% | +2 bps | |
| Allowance / Loans | 0.85% | 1.04% | 1.04% | 1.12% | 1.07% | 1.15% | 1.21% | 1.18% | +6 bps | |
| Allowance Coverage of NPLs | 1.9x | 2.4x | 2.7x | 3.1x | 3.2x | 2.7x | 4.3x | 5.2x | +2.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.85% | 9.49% | 8.93% | 8.80% | 9.18% | 9.41% | 9.51% | 9.80% | +100 bps | |
| Total Risk-Based Capital | 14.10% | 13.70% | 14.05% | 14.04% | 14.72% | 15.48% | 15.77% | 14.83% | +79 bps | |
| Equity / Assets | 9.67% | 9.82% | 9.30% | 9.24% | 9.48% | 9.83% | 10.13% | 9.98% | +74 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 84.66% | 82.04% | 82.12% | 79.43% | 80.45% | 77.16% | 73.11% | 73.04% | -638 bps | |
| Liquid Assets / Assets | 2.64% | 4.96% | 3.21% | 5.05% | 3.23% | 4.93% | 8.16% | 4.93% | -12 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |