Philadelphia, PA · Cert 30011
FDIC · 10 branches
Q3 2022
Market Position · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · 2022 SOD (annual) · 0.1% share · #35 of 100 inst. · $0.5B of $598.9B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.64% | 0.61% | 0.80% | 0.75% | 0.71% | -2.45% | 1.72% | -2.86% | -362 bps | |
| Return on Equity | 6.07% | 5.71% | 7.28% | 6.52% | 5.97% | -20.48% | 14.71% | -24.00% | -3,052 bps | |
| Net Interest Margin | 1.94% | 1.95% | 2.02% | 2.21% | 2.21% | 2.19% | 2.44% | 3.11% | +90 bps | |
| Efficiency Ratio | 63.67% | 67.08% | 70.24% | 69.53% | 64.75% | 188.17% | 55.18% | 45.49% | -2,404 bps | |
| Non-Interest Burden | 1.17% | 1.24% | 1.36% | 1.48% | 1.37% | 4.22% | 0.55% | 1.31% | -17 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -7.88% | -4.99% | -5.34% | -10.04% | -9.14% | -16.20% | -16.36% | -24.83% | -1,478 bps | |
| Loan Growth (YoY) | 3.34% | 8.85% | 4.58% | 5.05% | -3.36% | -11.25% | -7.29% | -13.13% | -1,818 bps | |
| Deposit Growth (YoY) | 3.72% | 8.35% | 0.43% | -7.83% | -3.70% | -15.51% | -26.89% | -43.83% | -3,601 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.09% | 2.07% | 1.44% | 1.34% | 1.36% | 0.58% | 0.39% | 0.39% | -95 bps | |
| Net Charge-Offs / Loans | -0.01% | -0.02% | 0.00% | 0.02% | 0.09% | 2.41% | 0.00% | 0.27% | +24 bps | |
| Allowance / Loans | 1.35% | 1.33% | 1.35% | 1.36% | 1.41% | 1.42% | 1.28% | 1.28% | -7 bps | |
| Allowance Coverage of NPLs | 0.6x | 0.6x | 0.9x | 1.0x | 1.0x | 2.5x | 3.3x | 3.3x | +2.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.42% | 10.49% | 10.83% | 11.30% | 11.73% | 11.44% | 12.48% | 13.42% | +212 bps | |
| Total Risk-Based Capital | 18.07% | 17.74% | 17.82% | 17.55% | 18.51% | 18.28% | 18.42% | 20.55% | +300 bps | |
| Equity / Assets | 10.85% | 10.63% | 11.49% | 11.63% | 12.16% | 11.73% | 11.69% | 12.19% | +55 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.73% | 79.04% | 84.17% | 87.77% | 82.02% | 83.03% | 106.73% | 135.74% | +4,797 bps | |
| Liquid Assets / Assets | 9.32% | 12.93% | 8.87% | 9.08% | 11.82% | 8.44% | 1.99% | 2.52% | -656 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |