Bethesda, MD · Cert 27454
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.
Bethesda, MD · Cert 27454
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 | 0.57% | 0.71% | 0.87% | 1.14% | 1.14% | 1.14% | 1.13% | 0.74% | -41 bps | |
| Return on Equity | n/a | 9.56% | 12.07% | 16.23% | 16.39% | 17.11% | 16.61% | 10.82% | -540 bps | |
| Net Interest Margin | 3.66% | 3.97% | 3.75% | 3.61% | 3.55% | 3.87% | 3.89% | 3.93% | +33 bps | |
| Efficiency Ratio | 77.70% | 71.23% | 68.17% | 63.56% | 62.57% | 61.42% | 62.88% | 75.70% | +1,214 bps | |
| Non-Interest Burden | 2.72% | 2.62% | 2.36% | 2.04% | 1.98% | 2.14% | 2.19% | 2.82% | +78 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 40.20% | 39.87% | 47.57% | 54.25% | 39.70% | 33.99% | 20.15% | 3.31% | -5,094 bps | |
| Loan Growth (YoY) | 36.27% | 33.18% | 43.64% | 34.21% | 27.87% | 36.53% | 24.40% | 19.74% | -1,447 bps | |
| Deposit Growth (YoY) | 30.33% | 33.10% | 49.13% | 60.81% | 44.09% | 33.19% | 18.63% | 2.18% | -5,863 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 | 0.16% | -0.18% | -0.22% | -0.20% | -0.06% | 0.18% | 0.12% | 0.08% | +28 bps | |
| Allowance / Loans | 1.30% | 1.43% | 1.35% | 1.31% | 1.16% | 1.10% | 1.07% | 1.08% | -24 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 | 11.34% | 11.45% | 10.78% | 10.62% | 10.33% | 10.24% | 10.28% | 10.08% | -54 bps | |
| Equity / Assets | 7.72% | 7.09% | 6.98% | 6.58% | 6.71% | 6.62% | 7.01% | 6.92% | +34 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.28% | 82.25% | 81.99% | 77.18% | 80.12% | 84.31% | 85.98% | 90.45% | +1,326 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 1.49% | 2.90% | 3.62% | 3.55% | 3.94% | 4.18% | +127 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |