PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Fidelity Savings Bank

Pittsburgh, PA · Cert 28038

FDIC

Q3 2012

$643.0MAssets
$340.5MLoans
$464.8MDeposits
$56.5MEquity
Loan mix
89%RE $230.0M10%C&I $25.5M1%Consumer $2.7MQ3 2011Q3 2012
Deposit mix
85%Interest-bearing $395.3M15%Noninterest $69.5MQ3 2011Q3 2012

NIM

4.13%Q3 ’103.98%Q3 ’113.55%Q3 ’12+6%-6%

Non-interest income vs. expense

2.07%Q3 ’102.26%Q3 ’112.48%Q3 ’12+15%+1%

Executive Summary

  • Earnings: ROA of 0.15%, down 20 bps year over year; NIM at 2.17%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.58%.
  • Funding: loans stand at 73.24% of deposits as of Q3 2012.

Financial Results

Return on Assets (YTD, annualized)

0.15%-20 bps YoY

Net Interest Margin (YTD, annualized)

2.17%-13 bps YoY

Efficiency Ratio (YTD, annualized)

87.04%+582 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets0.35%0.34%0.33%0.24%0.15%-20 bps
Return on Equity4.45%4.31%4.01%2.86%1.78%-267 bps
Net Interest Margin2.30%2.31%2.19%2.17%2.17%-13 bps
Efficiency Ratio81.22%80.44%83.43%83.75%87.04%+582 bps
Non-Interest Burden1.77%1.75%1.72%1.72%1.80%+3 bps
Growth
Asset Growth (YoY)-4.19%-4.74%-2.72%-0.24%-2.94%+125 bps
Loan Growth (YoY)-7.08%-3.14%0.14%-2.06%-3.79%+329 bps
Deposit Growth (YoY)0.50%2.54%5.81%4.91%3.21%+271 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.41%0.69%1.42%0.82%0.58%+16 bps
Allowance / Loans1.63%1.33%1.12%1.25%1.32%-30 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital13.49%13.61%13.79%13.76%13.89%+40 bps
Equity / Assets8.12%8.33%8.37%8.49%8.79%+66 bps
Liquidity & Funding
Loans / Deposits78.58%77.37%72.51%72.02%73.24%-533 bps
Liquid Assets / Assets14.73%15.08%16.52%15.45%15.45%+72 bps
CRE / Total Capitaln/an/an/an/an/an/an/a