Covington, KY · Cert 27877
FDIC · 3 branches
Q3 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2018, the quarter ended September 30, 2018, 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.
Covington, KY · Cert 27877
FDIC · 3 branches
Q3 2018
Market Position · Cincinnati, OH-KY-IN · 2018 SOD (annual) · 0.0% share · #54 of 64 inst. · $0.0B of $112.3B
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 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.42% | 0.12% | 0.25% | 0.14% | -0.02% | -1.66% | -1.29% | -1.01% | -115 bps | |
| Return on Equity | -4.81% | 1.33% | 2.84% | 1.58% | -0.20% | -17.97% | -14.17% | -11.18% | -1,277 bps | |
| Net Interest Margin | 2.63% | 2.58% | 2.63% | 2.27% | 2.65% | 2.62% | 2.65% | 2.76% | +48 bps | |
| Efficiency Ratio | 113.29% | 96.28% | 98.13% | 99.48% | 103.42% | 156.70% | 149.34% | 135.90% | +3,642 bps | |
| Non-Interest Burden | 3.08% | 2.45% | 2.57% | 2.26% | 2.77% | 4.64% | 4.28% | 3.99% | +173 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -5.40% | -5.50% | -5.74% | -6.52% | -5.76% | -4.56% | -7.09% | -5.61% | +91 bps | |
| Loan Growth (YoY) | -15.02% | -14.63% | -18.05% | -12.11% | -7.47% | -1.05% | 8.40% | 1.09% | +1,320 bps | |
| Deposit Growth (YoY) | -4.66% | -5.35% | -5.97% | -7.43% | -6.11% | -8.13% | -9.77% | -8.06% | -64 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 2.37% | 2.54% | 2.36% | 1.86% | 1.78% | 1.73% | 1.45% | -92 bps | |
| Net Charge-Offs / Loans | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.11% | 1.13% | 1.21% | 1.21% | 1.19% | 1.14% | 1.12% | 1.20% | -1 bps | |
| Allowance Coverage of NPLs | n/a | 0.5x | 0.5x | 0.5x | 0.6x | 0.6x | 0.6x | 0.8x | +0.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.66% | 8.90% | 8.93% | 8.99% | 9.28% | 8.79% | 8.70% | 8.56% | -44 bps | |
| Total Risk-Based Capital | 23.31% | 23.54% | 24.76% | 24.93% | 25.23% | 23.39% | 23.06% | 23.79% | -115 bps | |
| Equity / Assets | 9.03% | 8.91% | 8.98% | 9.16% | 9.56% | 8.88% | 8.87% | 8.81% | -35 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 59.78% | 57.40% | 53.54% | 54.81% | 58.91% | 61.82% | 64.32% | 60.27% | +546 bps | |
| Liquid Assets / Assets | 36.59% | 38.86% | 42.34% | 40.82% | 37.03% | 36.50% | 33.61% | 36.19% | -463 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |