PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Eagle National Bank

Upper Darby, PA · Cert 26947

FDIC · 5 branches

Q3 2015

$185.0MAssets
$127.5MLoans
$157.5MDeposits
$25.3MEquity
Loan mix
82%RE $80.6M18%C&I $17.6M0%Consumer $0.1MQ3 2014Q3 2015
Deposit mix
75%Interest-bearing $117.9M25%Noninterest $39.6MQ3 2014Q3 2015

NIM

3.97%Q3 ’133.94%Q3 ’143.99%Q3 ’15+1%+2%

Non-interest income vs. expense

3.83%Q3 ’133.74%Q3 ’143.37%Q3 ’15-2%-9%

Market Position · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · 2015 SOD (annual) · 0.0% share · #73 of 133 inst. · $0.1B of $437.1B

0.7% Delaware
0.2% Chester
0.1% Montgomery

Executive Summary

  • Earnings: ROA of 0.35%, up 30 bps year over year; NIM at 3.67%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
  • Capital: tier 1 leverage ratio of 13.85%.
  • Funding: loans stand at 80.95% of deposits as of Q3 2015.

Financial Results

Return on Assets (quarter, annualized)

0.35%+30 bps YoY

Net Interest Margin (quarter, annualized)

3.67%+9 bps YoY

Efficiency Ratio (quarter, annualized)

85.96%-836 bps YoY

Tier 1 Leverage Ratio

13.85%

Discrete quarter, annualized.

MetricQ3 2014Q4 2014Q1 2015Q2 2015Q3 2015YoY ΔTrend
Earnings
Return on Assets0.05%-0.05%0.21%0.35%0.35%+30 bps
Return on Equity0.38%-0.38%1.54%2.52%2.55%+216 bps
Net Interest Margin3.58%3.58%3.60%3.66%3.67%+9 bps
Efficiency Ratio94.32%97.46%91.57%89.54%85.96%-836 bps
Non-Interest Burden3.44%3.55%3.35%3.32%3.14%-29 bps
Growth
Asset Growth (YoY)-0.82%2.57%-4.38%-6.99%-3.75%-292 bps
Loan Growth (YoY)-2.18%-8.36%-4.70%-1.49%-2.91%-73 bps
Deposit Growth (YoY)-1.70%-2.07%-5.55%-7.71%-4.02%-232 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.22%-0.02%0.02%0.27%-0.02%-24 bps
Allowance / Loans1.64%1.74%1.74%1.67%1.67%+3 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/a13.57%13.95%13.85%n/a
Total Risk-Based Capital19.92%20.84%19.94%19.54%19.56%-36 bps
Equity / Assets12.97%12.79%13.86%14.22%13.67%+70 bps
Liquidity & Funding
Loans / Deposits80.02%79.15%81.94%85.55%80.95%+93 bps
Liquid Assets / Assets12.40%1.91%6.83%2.27%8.07%-433 bps
CRE / Total Capitaln/an/an/an/an/an/an/a