Waldorf, MD · Cert 30903
FDIC · 12 branches
Q2 2023
Market Position · Lexington Park, MD · 2023 SOD (annual) · 28.9% share · #1 of 8 inst. · $1.2B of $4.0B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.27% | 1.31% | 1.21% | 1.31% | 1.43% | 1.56% | 1.36% | 1.54% | +22 bps | |
| Return on Equity | 12.33% | 12.85% | 12.28% | 14.10% | 15.90% | 17.57% | 14.77% | 16.34% | +224 bps | |
| Net Interest Margin | 3.15% | 3.15% | 2.98% | 3.11% | 3.33% | 3.49% | 3.20% | 3.67% | +56 bps | |
| Efficiency Ratio | 48.21% | 48.66% | 45.69% | 44.19% | 43.23% | 42.64% | 45.60% | 47.28% | +309 bps | |
| Non-Interest Burden | 1.39% | 1.39% | 1.24% | 1.22% | 1.30% | 1.28% | 1.33% | 1.61% | +39 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.65% | 14.88% | 9.41% | 5.87% | 3.55% | 3.55% | 3.25% | 6.00% | +14 bps | |
| Loan Growth (YoY) | -2.32% | -0.51% | 1.50% | 2.26% | 9.84% | 13.47% | 12.11% | 13.79% | +1,153 bps | |
| Deposit Growth (YoY) | 12.66% | 17.16% | 11.62% | 9.20% | 6.06% | 1.54% | 2.85% | 2.37% | -683 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.36% | 0.51% | 0.47% | 0.38% | 0.36% | 0.34% | 0.44% | 0.46% | +8 bps | |
| Net Charge-Offs / Loans | -0.02% | 0.04% | 0.00% | 0.10% | 0.02% | 0.00% | 0.01% | 0.10% | 0 bps | |
| Allowance / Loans | 1.17% | 1.15% | 1.30% | 1.29% | 1.26% | 1.26% | 1.27% | 1.25% | -5 bps | |
| Allowance Coverage of NPLs | 3.3x | 2.3x | 2.8x | 3.4x | 3.5x | 3.7x | 2.9x | 2.7x | -0.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.14% | 9.95% | 9.93% | 10.12% | 10.25% | 10.33% | 10.38% | 10.57% | +45 bps | |
| Total Risk-Based Capital | 14.77% | 14.75% | 14.56% | 14.49% | 14.12% | 13.98% | 14.25% | 14.31% | -18 bps | |
| Equity / Assets | 10.18% | 10.17% | 9.48% | 9.16% | 8.78% | 8.99% | 9.39% | 9.42% | +26 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.07% | 77.95% | 78.45% | 79.36% | 81.89% | 87.11% | 85.52% | 88.22% | +886 bps | |
| Liquid Assets / Assets | 5.56% | 5.55% | 4.06% | 1.50% | 0.51% | 0.39% | 0.51% | 0.49% | -102 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |