Somerset, OH · Cert 2289
FDIC · 3 branches
Q3 2024
Market Position · Columbus, OH · 2024 SOD (annual) · 0.1% share · #39 of 54 inst. · $0.1B of $105.0B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.08% | -0.02% | -0.52% | -0.43% | -2.38% | 0.07% | 0.15% | -1.15% | -72 bps | |
| Return on Equity | -1.75% | -0.44% | -10.68% | -9.62% | -53.04% | 1.68% | 3.50% | -24.04% | -1,442 bps | |
| Net Interest Margin | 2.95% | 2.92% | 2.75% | 2.84% | 2.97% | 2.70% | 2.58% | 2.54% | -30 bps | |
| Efficiency Ratio | 103.05% | 99.61% | 119.13% | 118.89% | 110.21% | 97.26% | 95.05% | 112.14% | -675 bps | |
| Non-Interest Burden | 3.03% | 2.89% | 3.34% | 3.44% | 3.32% | 2.61% | 2.43% | 2.90% | -54 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.23% | -6.34% | -5.42% | -11.37% | -3.84% | 2.18% | 1.98% | -1.65% | +972 bps | |
| Loan Growth (YoY) | 3.18% | 3.84% | 7.20% | 7.09% | 6.78% | -1.64% | -5.29% | -5.36% | -1,245 bps | |
| Deposit Growth (YoY) | 1.90% | -5.64% | -8.94% | -11.60% | -4.64% | 3.41% | 6.39% | -2.54% | +906 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 3.44% | 3.19% | 3.01% | 2.15% | 2.59% | 1.96% | 2.18% | 2.23% | +9 bps | |
| Net Charge-Offs / Loans | 0.11% | 0.09% | -0.01% | 0.34% | 0.01% | 0.05% | 0.06% | 0.01% | -33 bps | |
| Allowance / Loans | 0.88% | 0.83% | 0.81% | 0.75% | 0.75% | 0.75% | 0.76% | 0.73% | -2 bps | |
| Allowance Coverage of NPLs | 0.3x | 0.3x | 0.3x | 0.4x | 0.3x | 0.4x | 0.3x | 0.3x | 0.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 6.41% | 6.81% | 6.68% | 6.56% | 6.63% | 6.77% | 6.45% | 6.31% | -24 bps | |
| Total Risk-Based Capital | 13.90% | 13.14% | 12.80% | 12.42% | 12.57% | 12.66% | 12.56% | 12.82% | +41 bps | |
| Equity / Assets | 4.82% | 5.00% | 4.67% | 4.35% | 4.61% | 4.31% | 4.52% | 5.10% | +75 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 56.54% | 61.91% | 64.08% | 61.07% | 63.30% | 58.89% | 57.05% | 59.30% | -177 bps | |
| Liquid Assets / Assets | 4.78% | 0.05% | 0.38% | 0.42% | 0.39% | 0.95% | 1.02% | 0.08% | -34 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |