Georgetown, DE · Cert 22837
FDIC
Q3 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2010, the quarter ended September 30, 2010, 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.
Georgetown, DE · Cert 22837
FDIC
Q3 2010
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 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.63% | -0.12% | -0.16% | 0.04%1 | 0.20%1 | 0.54% | 0.82% | 0.92% | +89 bps | |
| Return on Equity | 7.25% | -1.39% | -1.90% | 0.44% | 2.42% | 6.01% | 8.97% | 9.90% | +947 bps | |
| Net Interest Margin | 3.23% | 2.81% | 2.80% | 2.71% | 2.83% | 3.23% | 3.44% | 3.45% | +74 bps | |
| Efficiency Ratio | 56.51% | 67.11% | 67.58% | 67.18% | 65.80% | 61.02% | 58.71% | 58.82% | -836 bps | |
| Non-Interest Burden | 1.37% | 1.61% | 1.59% | 1.53% | 1.55% | 1.64% | 1.62% | 1.62% | +9 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.33% | 7.35% | 10.24% | 4.60% | 3.77% | -7.02% | -8.48% | -7.58% | -1,218 bps | |
| Loan Growth (YoY) | 6.59% | 3.48% | 1.46% | -3.03% | -6.02% | -4.95% | -4.54% | -0.09% | +294 bps | |
| Deposit Growth (YoY) | 26.04% | 37.71% | 40.71% | 27.50% | 9.80% | -1.36% | -3.65% | -2.74% | -3,024 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 | 0.36% | 1.10% | 0.81% | 0.84% | 0.78% | 0.21% | 0.29% | 1.52% | +69 bps | |
| Allowance / Loans | 1.42% | 1.91% | 2.43% | 2.55% | 2.65% | 2.86% | 2.85% | 1.96% | -59 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 | 11.26% | 11.07% | 10.79% | 11.34% | 11.92% | 12.44% | 12.87% | 12.87% | +152 bps | |
| Equity / Assets | 8.74% | 8.10% | 7.84% | 8.11% | 8.62% | 9.26% | 9.71% | 9.76% | +165 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 112.53% | 98.50% | 95.20% | 92.24% | 96.31% | 94.91% | 94.32% | 94.75% | +251 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.15% | 0.08% | 0.10% | 0.02% | 0.11% | 0.05% | -2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |