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Croydon Savings Bank

Croydon, PA · Cert 28770

FDIC

Q2 2010

$11.6MAssets
$8.8MLoans
$10.4MDeposits
$992KEquity
Deposit mix
100%Interest-bearing $10.4M0%Noninterest $0.0MQ2 2009Q2 2010

NIM

6.28%Q2 ’085.13%Q2 ’095.30%Q2 ’10-39%+96%

Non-interest income vs. expense

2.30%Q2 ’082.32%Q2 ’092.51%Q2 ’10+2%+8%

Executive Summary

  • Earnings: ROA of 0.85%, up 473 bps year over year; NIM at 3.79%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 84.23% of deposits as of Q2 2010.

Financial Results

Return on Assets (YTD, annualized)

0.85%+473 bps YoY

Net Interest Margin (YTD, annualized)

3.79%+186 bps YoY

Efficiency Ratio (YTD, annualized)

65.92%-5,298 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2009Q3 2009Q4 2009Q1 2010Q2 2010YoY ΔTrend
Earnings
Return on Assets-3.89%-3.24%-2.30%0.54%0.85%+473 bps
Return on Equity-48.69%-41.65%-29.52%6.74%10.37%+5,906 bps
Net Interest Margin1.94%1.74%1.92%3.58%3.79%+186 bps
Efficiency Ratio118.90%141.52%130.17%70.09%65.92%-5,298 bps
Non-Interest Burden2.30%2.47%2.50%2.51%2.49%+19 bps
Growth
Asset Growth (YoY)12.75%-6.88%-14.41%-8.35%-11.75%-2,450 bps
Loan Growth (YoY)6.43%-13.80%-17.58%-18.82%-20.40%-2,683 bps
Deposit Growth (YoY)20.50%17.46%-10.96%-7.80%-13.89%-3,439 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.64%2.39%1.85%0.00%0.00%-264 bps
Allowance / Loans2.15%2.39%2.11%2.13%2.28%+13 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 Capital13.12%12.76%13.50%13.35%15.42%+230 bps
Equity / Assets7.48%7.10%7.81%8.09%8.57%+109 bps
Liquidity & Funding
Loans / Deposits91.12%81.86%86.14%87.96%84.23%-689 bps
Liquid Assets / Assets12.41%20.30%15.16%15.44%15.92%+352 bps
CRE / Total Capitaln/an/an/an/an/an/an/a