Souderton, PA · Cert 29480
FDIC
Q4 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2002, the quarter ended December 31, 2002, 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.
Souderton, PA · Cert 29480
FDIC
Q4 2002
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 | Q1 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.58% | 0.67% | 0.64% | 0.61% | 1.23% | 1.22% | 1.26% | 1.25% | +64 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | 11.05% | 10.82% | 10.90% | 10.77% | n/a | |
| Net Interest Margin | 2.81% | 2.75% | 2.72% | 2.67% | 2.32% | 2.27% | 2.27% | 2.30% | -38 bps | |
| Efficiency Ratio | 84.57% | 81.47% | 83.05% | 84.95% | 75.18% | 75.92% | 75.09% | 75.42% | -954 bps | |
| Non-Interest Burden | 2.05% | 1.85% | 1.90% | 1.94% | 0.91% | 0.95% | 0.94% | 0.99% | -95 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.16% | 8.33% | 4.55% | 1.23% | -0.02% | 4.18% | 6.16% | 9.29% | +806 bps | |
| Loan Growth (YoY) | -2.24% | -3.62% | -7.95% | -11.20% | -16.21% | -6.09% | -8.87% | -13.37% | -217 bps | |
| Deposit Growth (YoY) | 0.24% | -1.24% | -2.26% | -0.19% | -1.61% | -0.56% | 0.34% | -3.04% | -286 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.12% | 0.09% | 0.08% | 0.02% | 0.10% | 0.13% | 0.11% | +3 bps | |
| Allowance / Loans | 0.93% | 0.92% | 0.95% | 1.00% | 1.07% | 0.94% | 0.98% | 1.07% | +7 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 14.60% | 14.91% | 15.48% | 14.86% | 15.62% | 15.52% | 15.43% | 15.77% | +91 bps | |
| Equity / Assets | 11.11% | 11.12% | 11.40% | 11.07% | 11.25% | 11.43% | 12.39% | 11.98% | +91 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.34% | 88.35% | 87.26% | 81.30% | 76.93% | 83.44% | 79.25% | 72.64% | -866 bps | |
| Liquid Assets / Assets | 9.55% | 11.30% | 9.16% | 6.39% | 8.77% | 3.98% | 2.86% | 2.62% | -378 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |