PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Cardinal Bank - Potomac

McLean, VA · Cert 27023

FDIC

Q3 2001

$66.0MAssets
$47.0MLoans
$58.3MDeposits
$3.8MEquity
Loan mix
53%RE $12.4M47%C&I $11.0M1%Consumer $0.2MQ3 2000Q3 2001
Deposit mix
79%Interest-bearing $46.0M21%Noninterest $12.3MQ3 2000Q3 2001

NIM

8.38%Q1 ’017.81%Q2 ’017.81%Q3 ’01-13%+6%

Non-interest income vs. expense

5.56%Q1 ’015.07%Q2 ’015.55%Q3 ’01-7%+2%

Executive Summary

  • Earnings: ROA of -0.70%, up 275 bps year over year; NIM at 4.53%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 80.64% of deposits as of Q3 2001.

Financial Results

Return on Assets (quarter, annualized)

-0.70%+275 bps YoY

Net Interest Margin (quarter, annualized)

4.53%

Efficiency Ratio (quarter, annualized)

106.33%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2000Q4 2000Q1 2001Q2 2001Q3 2001YoY ΔTrend
Earnings
Return on Assets-3.45%0.33%-0.27%-0.73%-0.70%+275 bps
Return on Equityn/an/an/a-11.48%-11.53%n/a
Net Interest Marginn/an/a4.88%4.27%4.53%n/a
Efficiency Ration/an/a105.29%111.42%106.33%n/a
Non-Interest Burdenn/an/a5.16%4.79%4.86%n/a
Growth
Asset Growth (YoY)-2.31%-12.14%-12.60%-12.39%6.85%+916 bps
Loan Growth (YoY)46.43%23.01%10.20%13.58%11.65%-3,478 bps
Deposit Growth (YoY)7.54%-1.56%2.84%0.68%7.93%+39 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a-0.01%0.00%-0.01%n/a
Allowance / Loansn/an/a1.22%1.21%1.21%n/a
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 Capitaln/an/a10.08%9.29%8.49%n/a
Equity / Assetsn/an/a6.34%6.35%5.78%n/a
Liquidity & Funding
Loans / Deposits77.96%81.41%79.49%81.65%80.64%+269 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%3.08%+308 bps
CRE / Total Capitaln/an/an/an/an/an/an/a