Huntingdon Valley, PA · Cert 30464
FDIC · 9 branches
Q1 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2023, the quarter ended March 31, 2023, 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.
Huntingdon Valley, PA · Cert 30464
FDIC · 9 branches
Q1 2023
Market Position · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · 2022 SOD (annual) · 0.1% share · #38 of 100 inst. · $0.5B of $598.9B
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 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.80% | 0.82% | 0.70% | 0.51% | 0.53% | 0.55% | 0.48% | 0.49% | -2 bps | |
| Return on Equity | 13.74% | 12.82% | 10.51% | 6.04% | 6.25% | 6.47% | 5.68% | 5.93% | -11 bps | |
| Net Interest Margin | 2.51% | 2.77% | 2.66% | 2.68% | 2.96% | 3.12% | 3.11% | 3.50% | +82 bps | |
| Efficiency Ratio | 71.86% | 73.09% | 77.18% | 85.53% | 80.54% | 79.47% | 81.52% | 83.86% | -167 bps | |
| Non-Interest Burden | 0.92% | 1.23% | 1.50% | 1.97% | 2.01% | 2.15% | 2.30% | 2.81% | +84 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 29.22% | 5.59% | -35.22% | -6.47% | 4.63% | 12.99% | 10.54% | 12.50% | +1,897 bps | |
| Loan Growth (YoY) | 14.73% | -8.00% | -7.85% | -15.71% | 0.75% | 20.55% | 32.55% | 45.30% | +6,101 bps | |
| Deposit Growth (YoY) | 45.94% | 19.13% | -36.13% | -2.57% | 9.21% | 13.68% | 12.56% | 12.52% | +1,510 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.69% | 1.03% | 1.02% | 0.76% | 0.63% | 0.68% | 0.62% | 0.64% | -12 bps | |
| Net Charge-Offs / Loans | 0.08% | 0.07% | 0.05% | 0.04% | 0.06% | 0.10% | 0.06% | 0.00% | -4 bps | |
| Allowance / Loans | 0.56% | 0.64% | 0.64% | 0.72% | 0.73% | 0.73% | 0.74% | 0.68% | -5 bps | |
| Allowance Coverage of NPLs | 0.8x | 0.6x | 0.6x | 1.0x | 1.1x | 1.1x | 1.2x | 1.1x | +0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.10% | 8.63% | 8.24% | 9.22% | 9.36% | 9.06% | 8.68% | 8.80% | -42 bps | |
| Total Risk-Based Capital | 14.10% | 13.52% | 13.11% | 14.53% | 12.90% | 11.71% | 11.38% | 11.34% | -319 bps | |
| Equity / Assets | 8.02% | 8.41% | 8.12% | 8.84% | 8.61% | 8.23% | 8.19% | 8.28% | -56 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.52% | 86.20% | 78.27% | 72.34% | 84.43% | 91.41% | 92.17% | 93.41% | +2,107 bps | |
| Liquid Assets / Assets | 13.57% | 14.37% | 20.89% | 19.85% | 11.23% | 8.67% | 6.83% | 7.48% | -1,237 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |