Paoli, PA · Cert 27861
FDIC · 8 branches
Q2 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2023, the quarter ended June 30, 2023, 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.
Paoli, PA · Cert 27861
FDIC · 8 branches
Q2 2023
Market Position · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · 2023 SOD (annual) · 0.1% share · #33 of 95 inst. · $0.5B of $598.3B
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 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.14% | 0.10% | 0.30% | 0.54% | 0.74% | 0.77% | 0.47% | 0.43% | -12 bps | |
| Return on Equity | -1.04% | 0.72% | 2.11% | 3.69% | 4.92% | 5.08% | 2.83% | 2.56% | -113 bps | |
| Net Interest Margin | 2.43% | 2.50% | 2.58% | 2.79% | 3.02% | 3.07% | 2.91% | 2.83% | +4 bps | |
| Efficiency Ratio | 65.15% | 64.28% | 86.57% | 76.32% | 70.33% | 68.80% | 80.11% | 73.58% | -274 bps | |
| Non-Interest Burden | 1.50% | 1.52% | 2.21% | 2.09% | 2.07% | 2.04% | 2.28% | 1.97% | -11 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.04% | -5.59% | -8.68% | -13.23% | -13.57% | -11.60% | -9.47% | -5.58% | +765 bps | |
| Loan Growth (YoY) | -8.82% | -12.11% | -16.88% | -12.94% | -12.97% | -6.88% | -1.49% | -4.48% | +846 bps | |
| Deposit Growth (YoY) | 4.99% | 0.59% | -6.45% | -12.85% | -16.30% | -19.23% | -13.45% | -15.22% | -237 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.47% | 1.75% | 1.79% | 1.77% | 1.73% | 1.85% | 1.84% | 2.27% | +50 bps | |
| Net Charge-Offs / Loans | 1.71% | 1.54% | 0.36% | 0.18% | 0.15% | 0.11% | 0.00% | 0.00% | -18 bps | |
| Allowance / Loans | 1.21% | 1.14% | 1.13% | 1.12% | 1.10% | 1.11% | 1.13% | 1.15% | +3 bps | |
| Allowance Coverage of NPLs | 0.5x | 0.7x | 0.6x | 0.6x | 0.6x | 0.6x | 0.6x | 0.5x | -0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.14% | 13.61% | 14.29% | 15.33% | 16.30% | 16.53% | 17.01% | 17.60% | +227 bps | |
| Total Risk-Based Capital | 17.32% | 18.22% | 19.34% | 19.87% | 20.34% | 20.77% | 21.13% | 21.61% | +174 bps | |
| Equity / Assets | 13.05% | 13.93% | 14.60% | 15.73% | 15.64% | 16.30% | 16.63% | 17.06% | +133 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 100.17% | 95.73% | 95.15% | 103.65% | 104.15% | 110.38% | 108.31% | 116.78% | +1,313 bps | |
| Liquid Assets / Assets | 5.24% | 5.77% | 10.85% | 7.88% | 10.05% | 8.84% | 8.42% | 7.61% | -27 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |