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Midstate Federal Savings and Loan Association

Baltimore, MD · Cert 29930

FDIC · 1 branch

Q3 2017

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 2017, the quarter ended September 30, 2017, 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 2026-10-10

Midstate Federal Savings and Loan Association

Baltimore, MD · Cert 29930

FDIC · 1 branch

Q3 2017

$162.2MAssets
$95.9MLoans
$136.7MDeposits
$24.3MEquity
Deposit mix
99%Interest-bearing $136.0M1%Noninterest $0.8MQ3 2016Q3 2017

NIM

3.99%Q3 ’153.79%Q3 ’163.72%Q3 ’17-5%-5%

Non-interest income vs. expense

1.76%Q3 ’151.81%Q3 ’161.82%Q3 ’17+11%+0%

Market Position · Baltimore-Columbia-Towson, MD · 2017 SOD (annual) · 0.2% share · #34 of 56 inst. · $0.1B of $72.3B

Executive Summary

  • Earnings: ROA of 0.36%, down 8 bps year over year; NIM at 2.53%.
  • Asset quality: problem loans at 2.52% of loans (+252 bps YoY), with net charge-offs at 0.14%.
  • Capital: tier 1 leverage ratio of 15.06%, up 72 bps from a year ago.
  • Funding: loans stand at 70.15% of deposits as of Q3 2017.

Financial Results

Return on Assets (YTD, annualized)

0.36%-8 bps YoY

Net Interest Margin (YTD, annualized)

2.53%-15 bps YoY

Efficiency Ratio (YTD, annualized)

73.87%+428 bps YoY

Tier 1 Leverage Ratio

15.06%+72 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2016Q4 2016Q1 2017Q2 2017Q3 2017YoY ΔTrend
Earnings
Return on Assets0.44%0.39%0.42%0.33%0.36%-8 bps
Return on Equity3.14%2.82%2.95%2.31%2.49%-65 bps
Net Interest Margin2.68%2.61%2.55%2.52%2.53%-15 bps
Efficiency Ratio69.59%72.35%72.20%75.27%73.87%+428 bps
Non-Interest Burden1.89%1.91%1.86%1.93%1.90%0 bps
Growth
Asset Growth (YoY)-1.70%-0.83%0.84%-1.58%-4.05%-235 bps
Loan Growth (YoY)-1.52%-1.36%-1.39%-4.82%-6.56%-505 bps
Deposit Growth (YoY)-2.02%-1.23%0.56%-2.12%-5.35%-333 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%3.56%3.98%2.52%+252 bps
Net Charge-Offs / Loans0.06%0.15%0.06%0.16%0.14%+9 bps
Allowance / Loans0.83%0.76%0.76%0.74%0.74%-9 bps
Allowance Coverage of NPLsn/an/a0.2x0.2x0.3xn/a
Capital
Tier 1 Leverage Ratio14.35%14.27%14.41%14.66%15.06%+72 bps
Total Risk-Based Capital34.23%35.31%35.92%36.49%36.85%+262 bps
Equity / Assets14.12%14.16%14.16%14.63%15.00%+88 bps
Liquidity & Funding
Loans / Deposits71.06%69.52%67.91%69.38%70.15%-91 bps
Liquid Assets / Assets31.33%32.61%33.56%33.59%33.16%+182 bps
CRE / Total Capitaln/an/an/an/an/an/an/a