Norristown, PA · Cert 30024
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.
Norristown, PA · Cert 30024
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 | 0.32% | 0.62% | 0.73% | 0.78% | 0.98% | 1.06% | 1.13% | 1.02% | +24 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | 12.24% | 13.21% | 14.10% | 12.81% | n/a | |
| Net Interest Margin | 3.97% | 4.05% | 4.20% | 4.25% | 4.36% | 4.46% | 4.47% | 4.34% | +8 bps | |
| Efficiency Ratio | 85.02% | 75.63% | 72.05% | 70.63% | 61.58% | 61.49% | 61.32% | 63.85% | -678 bps | |
| Non-Interest Burden | 3.22% | 2.80% | 2.73% | 2.67% | 2.51% | 2.55% | 2.54% | 2.60% | -8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -4.20% | -5.41% | -4.23% | -4.61% | -3.78% | -2.69% | 1.85% | 3.50% | +810 bps | |
| Loan Growth (YoY) | 3.30% | -3.00% | -5.52% | -10.02% | -12.49% | -13.38% | -14.36% | -16.90% | -688 bps | |
| Deposit Growth (YoY) | -2.91% | -1.78% | 1.14% | 2.54% | 1.95% | -0.09% | 1.15% | 1.83% | -70 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 | 0.38% | 0.37% | 0.36% | 0.43% | 0.47% | 0.48% | 0.43% | 0.47% | +5 bps | |
| Allowance / Loans | 0.77% | 0.87% | 0.99% | 1.08% | 1.18% | 1.23% | 1.31% | 1.41% | +33 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 | 10.96% | 10.86% | 11.16% | 10.64% | 10.62% | 10.94% | 10.74% | 11.39% | +75 bps | |
| Equity / Assets | 8.60% | 8.48% | 8.74% | 8.03% | 7.92% | 8.09% | 7.91% | 7.98% | -5 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 97.82% | 95.19% | 93.85% | 87.39% | 83.97% | 82.52% | 79.46% | 71.32% | -1,607 bps | |
| Liquid Assets / Assets | 0.38% | 2.50% | 3.82% | 2.54% | 0.87% | 0.59% | 1.42% | 8.11% | +557 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |