PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Main Street Bank

Reading, PA · Cert 27104

FDIC

Q4 2001

$1.5BAssets
$851.3MLoans
$1.3BDeposits
$102.5MEquity
Loan mix
67%RE $347.7M31%C&I $162.9M2%Consumer $9.7MQ4 2000Q4 2001
Deposit mix
95%Interest-bearing $1.2B5%Noninterest $0.1BQ4 2000Q4 2001

NIM

7.11%Q1 ’016.60%Q3 ’016.26%Q4 ’01+4%+6%

Non-interest income vs. expense

2.85%Q1 ’012.92%Q3 ’012.89%Q4 ’01-3%-1%

Executive Summary

  • Earnings: ROA of 0.77%, up 92 bps year over year; NIM at 3.45%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.27%.
  • Funding: loans stand at 66.82% of deposits as of Q4 2001.

Financial Results

Return on Assets (quarter, annualized)

0.77%+92 bps YoY

Net Interest Margin (quarter, annualized)

3.45%

Efficiency Ratio (quarter, annualized)

68.61%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2000Q1 2001Q2 2001Q3 2001Q4 2001YoY ΔTrend
Earnings
Return on Assets-0.14%0.95%10.84%0.71%0.77%+92 bps
Return on Equityn/an/a13.61%11.31%11.73%n/a
Net Interest Marginn/a3.12%3.14%3.25%3.45%n/a
Efficiency Ration/a75.75%74.93%72.40%68.61%n/a
Non-Interest Burdenn/a2.21%2.20%2.14%2.12%n/a
Growth
Asset Growth (YoY)0.31%-3.13%4.18%2.80%2.83%+252 bps
Loan Growth (YoY)24.20%19.95%12.03%7.12%2.53%-2,167 bps
Deposit Growth (YoY)27.65%19.80%21.09%10.58%-2.91%-3,055 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/a0.25%0.48%0.27%0.27%n/a
Allowance / Loansn/a1.36%1.34%1.40%1.52%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/a10.63%10.50%10.75%11.61%n/a
Equity / Assetsn/a6.34%5.98%6.52%6.65%n/a
Liquidity & Funding
Loans / Deposits63.28%64.12%62.16%63.12%66.82%+354 bps
Liquid Assets / Assets0.00%11.59%11.42%11.82%8.69%+869 bps
CRE / Total Capitaln/an/an/an/an/an/an/a