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Progressive-Home Federal Savings and Loan Association

Pittsburgh, PA · Cert 27894

FDIC · 2 branches

Q4 2016

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: Q4 2016, the quarter ended December 31, 2016, 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

Progressive-Home Federal Savings and Loan Association

Pittsburgh, PA · Cert 27894

FDIC · 2 branches

Q4 2016

$51.2MAssets
$31.1MLoans
$37.7MDeposits
$7.0MEquity
Deposit mix
96%Interest-bearing $36.2M4%Noninterest $1.5MQ4 2015Q4 2016

NIM

3.56%Q4 ’143.47%Q4 ’153.41%Q4 ’160%-1%

Non-interest income vs. expense

2.56%Q4 ’142.58%Q4 ’152.78%Q4 ’16+1%+8%

Market Position · Pittsburgh, PA · 2016 SOD (annual) · 0.0% share · #44 of 52 inst. · $0.0B of $119.4B

Executive Summary

  • Earnings: ROA of 0.10%, down 13 bps year over year; NIM at 2.76%.
  • 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 12.18%, up 21 bps from a year ago.
  • Funding: loans stand at 82.40% of deposits as of Q4 2016.

Financial Results

Return on Assets (YTD, annualized)

0.10%1-13 bps YoY

Net Interest Margin (YTD, annualized)

2.76%-4 bps YoY

Efficiency Ratio (YTD, annualized)

100.49%+867 bps YoY

Tier 1 Leverage Ratio

12.18%+21 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2015Q1 2016Q2 2016Q3 2016Q4 2016YoY ΔTrend
Earnings
Return on Assets0.24%0.25%10.19%10.11%10.10%1-13 bps
Return on Equity1.73%1.82%1.34%0.76%0.74%-99 bps
Net Interest Margin2.80%2.78%2.76%2.74%2.76%-4 bps
Efficiency Ratio91.82%95.03%95.09%100.75%100.49%+867 bps
Non-Interest Burden2.52%2.60%2.58%2.72%2.72%+20 bps
Growth
Asset Growth (YoY)-2.63%-2.29%-2.85%-1.88%-1.68%+95 bps
Loan Growth (YoY)1.63%3.69%3.20%4.82%2.93%+130 bps
Deposit Growth (YoY)-1.94%-2.38%-3.52%-3.20%-1.82%+12 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%-1 bps
Allowance / Loans1.06%1.06%1.04%1.03%1.03%-3 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio11.97%12.25%12.48%12.40%12.18%+21 bps
Total Risk-Based Capital25.88%26.75%26.66%26.51%26.07%+19 bps
Equity / Assets13.72%14.21%14.50%14.29%13.76%+3 bps
Liquidity & Funding
Loans / Deposits78.60%79.41%82.01%82.38%82.40%+380 bps
Liquid Assets / Assets4.66%5.77%4.31%6.03%5.81%+115 bps
CRE / Total Capitaln/an/an/an/an/an/an/a