PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Wilmington Trust of Pennsylvania

Villanova, PA · Cert 26690

FDIC

Q3 2008

$1.3BAssets
$897.4MLoans
$231.4MDeposits
$104.6MEquity
Loan mix
59%RE $399.3M37%C&I $246.4M4%Consumer $27.7MQ3 2007Q3 2008
Deposit mix
55%Interest-bearing $126.2M45%Noninterest $105.2MQ3 2007Q3 2008

NIM

6.22%Q3 ’066.04%Q3 ’074.98%Q3 ’08-12%+22%

Non-interest income vs. expense

2.31%Q3 ’062.23%Q3 ’072.14%Q3 ’08-7%+7%

Executive Summary

  • Earnings: ROA of 0.56%, up 13 bps year over year; NIM at 2.76%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.33%.
  • Funding: loans stand at 387.78% of deposits as of Q3 2008.

Financial Results

Return on Assets (quarter, annualized)

0.56%+13 bps YoY

Net Interest Margin (quarter, annualized)

2.76%+50 bps YoY

Efficiency Ratio (quarter, annualized)

57.42%-836 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets0.43%0.65%0.82%-0.13%0.56%+13 bps
Return on Equity4.75%6.94%8.80%-1.52%7.15%+240 bps
Net Interest Margin2.25%2.39%2.48%2.31%2.76%+50 bps
Efficiency Ratio65.78%55.46%58.05%60.23%57.42%-836 bps
Non-Interest Burden1.10%0.83%0.97%0.99%1.17%+7 bps
Growth
Asset Growth (YoY)11.09%0.86%5.22%16.58%11.50%+41 bps
Loan Growth (YoY)11.49%8.30%16.41%33.12%32.83%+2,134 bps
Deposit Growth (YoY)-31.71%4.24%7.55%-35.71%19.41%+5,112 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.57%1.17%0.28%0.79%0.33%-24 bps
Allowance / Loans1.22%1.17%1.14%1.39%1.57%+34 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital13.86%13.78%13.36%10.73%10.98%-288 bps
Equity / Assets9.19%9.41%9.29%7.65%8.01%-117 bps
Liquidity & Funding
Loans / Deposits349%258%297%435%388%+3,917 bps
Liquid Assets / Assets0.09%0.08%0.08%0.07%0.08%-1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a