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Parkvale Savings Bank

Monroeville, PA · Cert 30237

FDIC

Q4 2011

$1.8BAssets
$947.7MLoans
$1.5BDeposits
$141.5MEquity
Loan mix
93%RE $834.7M4%C&I $32.4M4%Consumer $31.9MQ4 2010Q4 2011
Deposit mix
94%Interest-bearing $1.4B6%Noninterest $0.1BQ4 2010Q4 2011

NIM

4.37%Q4 ’093.85%Q4 ’103.39%Q4 ’11+1%-7%

Non-interest income vs. expense

1.58%Q4 ’091.71%Q4 ’101.77%Q4 ’11+9%+5%

Executive Summary

  • Earnings: ROA of 0.38%, up 118 bps year over year; NIM at 1.99%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.59%.
  • Funding: loans stand at 62.82% of deposits as of Q4 2011.

Financial Results

Return on Assets (YTD, annualized)

0.38%+118 bps YoY

Net Interest Margin (YTD, annualized)

1.99%-14 bps YoY

Efficiency Ratio (YTD, annualized)

69.35%+615 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2010Q1 2011Q2 2011Q3 2011Q4 2011YoY ΔTrend
Earnings
Return on Assets-0.80%0.48%0.49%0.45%0.38%+118 bps
Return on Equity-9.68%6.08%6.16%5.66%4.78%+1,446 bps
Net Interest Margin2.14%2.10%2.06%2.01%1.99%-14 bps
Efficiency Ratio63.20%64.42%64.56%65.55%69.35%+615 bps
Non-Interest Burden1.22%1.21%1.20%1.19%1.28%+7 bps
Growth
Asset Growth (YoY)-6.64%-5.15%-2.09%-1.42%1.32%+796 bps
Loan Growth (YoY)-3.38%-3.26%-4.80%-4.95%-8.09%-471 bps
Deposit Growth (YoY)-4.38%-1.98%-0.16%0.43%3.27%+765 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.56%0.44%0.47%0.43%0.59%+4 bps
Allowance / Loans1.28%1.27%1.22%1.27%1.09%-20 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 Capital11.23%11.63%11.33%11.51%11.67%+44 bps
Equity / Assets7.88%7.90%7.90%7.90%7.81%-7 bps
Liquidity & Funding
Loans / Deposits70.58%68.21%66.93%65.69%62.82%-776 bps
Liquid Assets / Assets34.06%35.69%36.60%37.73%39.84%+578 bps
CRE / Total Capitaln/an/an/an/an/an/an/a