Annapolis, MD · Cert 32367
FDIC · 7 branches
Q3 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2021, the quarter ended September 30, 2021, 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.
Annapolis, MD · Cert 32367
FDIC · 7 branches
Q3 2021
Market Position · Baltimore-Columbia-Towson, MD · 2021 SOD (annual) · 1.0% share · #12 of 44 inst. · $1.0B of $104.1B
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 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.06% | 0.45% | 0.66% | 0.72% | 0.80% | 1.61% | 1.11% | 1.05% | +33 bps | |
| Return on Equity | 7.76% | 3.14% | 4.75% | 5.33% | 5.96% | 13.43% | 9.57% | 9.08% | +375 bps | |
| Net Interest Margin | 3.60% | 3.32% | 3.19% | 3.07% | 3.14% | 2.98% | 2.78% | 2.78% | -29 bps | |
| Efficiency Ratio | 69.95% | 79.68% | 76.61% | 75.67% | 74.46% | 62.94% | 70.21% | 69.92% | -575 bps | |
| Non-Interest Burden | 2.23% | 2.39% | 2.14% | 1.97% | 1.94% | 1.11% | 1.47% | 1.48% | -50 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -15.15% | -3.14% | 6.46% | 13.88% | 15.34% | 30.05% | 24.86% | 18.95% | +507 bps | |
| Loan Growth (YoY) | -5.11% | -3.36% | -3.54% | 0.53% | 3.45% | 2.08% | -3.97% | -11.86% | -1,239 bps | |
| Deposit Growth (YoY) | -15.05% | -2.63% | 9.36% | 19.23% | 22.07% | 39.61% | 32.84% | 23.29% | +407 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.64% | 1.10% | 0.93% | 0.87% | 0.65% | 0.19% | 0.19% | 0.27% | -60 bps | |
| Net Charge-Offs / Loans | 0.06% | -0.02% | -0.08% | -0.13% | -0.09% | -0.13% | -0.09% | -0.06% | +7 bps | |
| Allowance / Loans | 1.08% | 1.20% | 1.21% | 1.27% | 1.27% | 1.21% | 1.22% | 1.31% | +4 bps | |
| Allowance Coverage of NPLs | 1.7x | 1.1x | 1.3x | 1.5x | 2.0x | 6.3x | 6.4x | 4.9x | +3.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.43% | 14.07% | 13.77% | 13.59% | 13.67% | 12.09% | 11.72% | 12.00% | -159 bps | |
| Total Risk-Based Capital | 19.60% | 14.07% | 13.77% | 13.59% | 13.67% | 12.09% | 11.72% | 12.00% | -159 bps | |
| Equity / Assets | 14.41% | 13.94% | 13.14% | 12.92% | 12.90% | 11.16% | 10.97% | 11.39% | -153 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 98.55% | 94.57% | 89.18% | 86.41% | 83.52% | 69.15% | 64.47% | 61.78% | -2,464 bps | |
| Liquid Assets / Assets | 14.43% | 16.86% | 21.21% | 17.52% | 18.03% | 24.20% | 38.59% | 40.83% | +2,331 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |