Villanova, PA · Cert 26690
FDIC
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 2008, 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.
Villanova, PA · Cert 26690
FDIC
Q3 2008
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 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.98% | 0.47% | 0.53% | 0.50% | 0.53% | 0.82% | 0.33% | 0.41% | -8 bps | |
| Return on Equity | 10.39% | 5.50% | 6.15% | 5.66% | 5.98% | 8.80% | 3.80% | 4.83% | -82 bps | |
| Net Interest Margin | 2.33% | 2.21% | 2.19% | 2.24% | 2.19% | 2.48% | 2.21% | 2.50% | +27 bps | |
| Efficiency Ratio | 60.60% | 69.87% | 66.41% | 66.20% | 63.32% | 58.05% | 59.18% | 58.56% | -764 bps | |
| Non-Interest Burden | 1.01% | 1.24% | 1.09% | 1.11% | 1.00% | 0.97% | 0.91% | 1.04% | -7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 25.93% | 33.56% | 22.40% | 11.09% | 0.86% | 5.22% | 16.58% | 11.50% | +41 bps | |
| Loan Growth (YoY) | 4.41% | 6.37% | 12.20% | 11.49% | 8.30% | 16.41% | 33.12% | 32.83% | +2,134 bps | |
| Deposit Growth (YoY) | -1.50% | 3.27% | 16.69% | -31.71% | 4.24% | 7.55% | -35.71% | 19.41% | +5,112 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 | 0.06% | 0.17% | 0.12% | 0.27% | 0.49% | 0.28% | 0.51% | 0.44% | +17 bps | |
| Allowance / Loans | 1.05% | 1.12% | 1.20% | 1.22% | 1.17% | 1.14% | 1.39% | 1.57% | +34 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 | 13.87% | 13.84% | 13.59% | 13.86% | 13.78% | 13.36% | 10.73% | 10.98% | -288 bps | |
| Equity / Assets | 8.58% | 8.54% | 8.92% | 9.19% | 9.41% | 9.29% | 7.65% | 8.01% | -117 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 248% | 274% | 210% | 349% | 258% | 297% | 435% | 388% | +3,917 bps | |
| Liquid Assets / Assets | 0.01% | 0.01% | 0.09% | 0.09% | 0.08% | 0.08% | 0.07% | 0.08% | -1 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |