Philadelphia, PA · Cert 27203
FDIC
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, 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.
Philadelphia, PA · Cert 27203
FDIC
Q3 2003
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 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.69% | 0.37% | -1.06% | -0.21% | -0.27% | 0.91% | 1.40% | -19.17% | -1,896 bps | |
| Return on Equity | n/a | 5.12% | -15.26% | -2.98% | -3.83% | 12.11% | 17.97% | -432% | -42,869 bps | |
| Net Interest Margin | 3.28% | 3.77% | 3.22% | 3.62% | 4.18% | 5.53% | 5.49% | 4.35% | +73 bps | |
| Efficiency Ratio | 118.57% | 91.23% | 102.45% | 90.98% | 93.98% | 83.56% | 74.03% | 474% | +38,306 bps | |
| Non-Interest Burden | 3.93% | 3.40% | 3.32% | 3.19% | 3.89% | 4.57% | 3.87% | 22.72% | +1,953 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.44% | 15.08% | 8.06% | 2.47% | -4.33% | -10.99% | -10.84% | -20.53% | -2,299 bps | |
| Loan Growth (YoY) | 7.30% | 8.44% | 5.00% | 11.68% | 12.50% | 9.98% | 8.58% | -19.20% | -3,088 bps | |
| Deposit Growth (YoY) | 8.07% | 18.21% | 11.39% | 4.87% | -3.11% | -11.30% | -12.17% | -7.63% | -1,249 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 | 0.00% | 0.00% | 1.37% | 0.84% | 0.70% | 0.05% | 0.26% | 0.23% | -60 bps | |
| Allowance / Loans | 0.41% | 0.42% | 0.45% | 0.41% | 0.40% | 0.40% | 0.41% | 0.51% | +10 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 | 14.65% | 12.66% | 16.86% | 14.51% | 14.27% | 14.80% | 17.46% | -14.20% | -2,872 bps | |
| Equity / Assets | 7.22% | 7.11% | 6.55% | 7.12% | 7.28% | 7.84% | 8.35% | -7.45% | -1,456 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 72.25% | 72.28% | 70.25% | 79.67% | 83.89% | 89.63% | 86.85% | 69.68% | -998 bps | |
| Liquid Assets / Assets | 29.29% | 28.16% | 28.14% | 22.49% | 15.25% | 11.91% | 14.56% | 20.01% | -249 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |