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 (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.95% | 0.90% | 0.34% | 0.51% | 0.55% | 0.58% | 0.28% | 0.49% | -2 bps | |
| Return on Equity | 13.37% | 10.95% | 4.11% | 6.04% | 6.36% | 6.88% | 3.38% | 5.93% | -11 bps | |
| Net Interest Margin | 2.63% | 3.10% | 2.80% | 2.68% | 3.24% | 3.74% | 3.60% | 3.50% | +82 bps | |
| Efficiency Ratio | 71.04% | 75.60% | 92.23% | 85.53% | 75.45% | 77.43% | 88.08% | 83.86% | -167 bps | |
| Non-Interest Burden | 0.96% | 1.72% | 2.45% | 1.97% | 2.06% | 2.64% | 3.10% | 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 | 0.00% | 0.03% | 0.00% | 0.04% | 0.09% | 0.18% | -0.02% | 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 |