PackageTrendsPeer
Letter portraitLegal landscape

Bank of New Castle

New Castle, DE · Cert 27575

FDIC · 1 branch

Q2 2020

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2020, the quarter ended June 30, 2020, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Bank of New Castle

New Castle, DE · Cert 27575

FDIC · 1 branch

Q2 2020

$18.1MAssets
$17.7MLoans
$500KDeposits
$17.6MEquity
Deposit mix
100%Interest-bearing $500K0%Noninterest $0KQ2 2019Q2 2020

NIM

1.51%Q2 ’182.43%Q2 ’191.29%Q2 ’20+61%-47%

Non-interest income vs. expense

0.13%Q2 ’180.15%Q2 ’190.12%Q2 ’20+17%-16%

Market Position · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · 2020 SOD (annual) · 0.0% share · #98 of 108 inst. · $0.0B of $573.0B

Executive Summary

  • Earnings: ROA of 0.83%, down 79 bps year over year; NIM at 1.26%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 97.11%, down 3 bps from a year ago.
  • Funding: loans stand at 3540.00% of deposits as of Q2 2020.

Financial Results

Return on Assets (YTD, annualized)

0.83%-79 bps YoY

Net Interest Margin (YTD, annualized)

1.26%-110 bps YoY

Efficiency Ratio (YTD, annualized)

9.65%+349 bps YoY

Tier 1 Leverage Ratio

97.11%-3 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2019Q3 2019Q4 2019Q1 2020Q2 2020YoY ΔTrend
Earnings
Return on Assets1.62%1.63%1.63%1.09%0.83%-79 bps
Return on Equity1.67%1.68%1.68%1.12%0.86%-81 bps
Net Interest Margin2.37%2.37%2.36%1.62%1.26%-110 bps
Efficiency Ratio6.16%5.66%5.66%8.22%9.65%+349 bps
Non-Interest Burden0.15%0.13%0.13%0.13%0.12%-2 bps
Growth
Asset Growth (YoY)1.44%1.64%1.70%1.49%1.23%-22 bps
Loan Growth (YoY)2.35%2.35%2.33%2.91%1.72%-63 bps
Deposit Growth (YoY)0.00%0.00%0.00%0.00%0.00%0 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio97.14%97.24%97.25%97.20%97.11%-3 bps
Total Risk-Based Capital485%484%485%485%485%+51 bps
Equity / Assets96.93%96.91%96.94%97.01%97.00%+8 bps
Liquidity & Funding
Loans / Deposits3480%3480%3520%3540%3540%+6,000 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a