PackageTrendsPeer
Letter portraitLegal landscape

North Akron Savings Bank

Akron, OH · Cert 28179

FDIC · 4 branches

Q3 2014

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: Q3 2014, the quarter ended September 30, 2014, 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

North Akron Savings Bank

Akron, OH · Cert 28179

FDIC · 4 branches

Q3 2014

$145.8MAssets
$114.0MLoans
$108.5MDeposits
$14.4MEquity
Loan mix
97%RE $107.2M3%C&I $3.7M0%Consumer $0.1MQ3 2013Q3 2014
Deposit mix
89%Interest-bearing $96.5M11%Noninterest $12.1MQ3 2013Q3 2014

NIM

4.00%Q3 ’123.98%Q3 ’134.15%Q3 ’14+4%+9%

Non-interest income vs. expense

2.77%Q3 ’122.86%Q3 ’133.10%Q3 ’140%+9%

Market Position · Akron, OH · 2014 SOD (annual) · 0.9% share · #15 of 28 inst. · $0.1B of $12.6B

Executive Summary

  • Earnings: ROA of 0.19%, up 6 bps year over year; NIM at 3.28%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.25%.
  • Funding: loans stand at 105.08% of deposits as of Q3 2014.

Financial Results

Return on Assets (YTD, annualized)

0.19%+6 bps YoY

Net Interest Margin (YTD, annualized)

3.28%+27 bps YoY

Efficiency Ratio (YTD, annualized)

89.27%-2 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2013Q4 2013Q1 2014Q2 2014Q3 2014YoY ΔTrend
Earnings
Return on Assets0.13%0.23%0.49%0.23%0.19%+6 bps
Return on Equity1.51%2.57%5.16%2.35%1.98%+47 bps
Net Interest Margin3.00%3.04%3.48%3.30%3.28%+27 bps
Efficiency Ratio89.29%87.83%80.27%88.35%89.27%-2 bps
Non-Interest Burden2.66%2.65%2.76%2.90%2.90%+24 bps
Growth
Asset Growth (YoY)-3.59%-6.14%-4.95%-3.70%-4.17%-58 bps
Loan Growth (YoY)4.35%3.46%1.62%-1.51%-4.46%-881 bps
Deposit Growth (YoY)-1.14%-3.75%-4.09%-2.99%-4.11%-297 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.08%0.07%0.31%0.25%0.25%+18 bps
Allowance / Loans1.09%1.08%1.01%0.98%0.94%-15 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 Capital18.05%18.31%18.59%18.84%19.05%+99 bps
Equity / Assets8.91%9.40%9.67%9.70%9.85%+94 bps
Liquidity & Funding
Loans / Deposits105.47%107.53%107.86%105.74%105.08%-39 bps
Liquid Assets / Assets5.04%3.26%3.62%5.64%6.76%+171 bps
CRE / Total Capitaln/an/an/an/an/an/an/a