Sykesville, MD · Cert 32393
FDIC · 2 branches
Q3 2020
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2020, the quarter ended September 30, 2020, 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.
Sykesville, MD · Cert 32393
FDIC · 2 branches
Q3 2020
Market Position · Baltimore-Columbia-Towson, MD · 2020 SOD (annual) · 0.2% share · #30 of 47 inst. · $0.2B of $94.4B
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 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.22% | 0.02%1 | -0.05% | 0.17% | 0.18% | -0.13% | 0.05% | -0.14% | -31 bps | |
| Return on Equity | 2.51% | 0.26% | -0.51% | 1.88% | 1.95% | -1.40% | 0.54% | -1.44% | -332 bps | |
| Net Interest Margin | 2.82% | 2.73% | 2.79% | 3.03% | 2.99% | 3.13% | 3.00% | 3.32% | +29 bps | |
| Efficiency Ratio | 88.76% | 103.32% | 104.59% | 95.11% | 94.40% | 104.32% | 92.89% | 102.99% | +789 bps | |
| Non-Interest Burden | 2.48% | 2.82% | 2.93% | 2.87% | 2.81% | 3.28% | 2.75% | 3.43% | +56 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.37% | 5.82% | -1.20% | -5.66% | -6.24% | -3.76% | -0.03% | -5.11% | +54 bps | |
| Loan Growth (YoY) | 10.33% | 9.03% | 5.30% | -0.19% | 0.08% | -2.51% | -1.76% | -2.63% | -244 bps | |
| Deposit Growth (YoY) | 12.94% | 8.85% | -0.14% | -2.65% | -6.96% | -10.45% | -0.11% | -4.55% | -189 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.34% | 2.35% | 2.05% | 1.13% | 0.91% | 0.22% | 0.30% | 0.16% | -97 bps | |
| Net Charge-Offs / Loans | 0.05% | -0.01% | -0.01% | 0.03% | 0.02% | 0.04% | 0.12% | 0.11% | +8 bps | |
| Allowance / Loans | 0.75% | 0.76% | 0.76% | 0.74% | 0.74% | 0.77% | 0.77% | 0.77% | +3 bps | |
| Allowance Coverage of NPLs | 0.6x | 0.3x | 0.4x | 0.7x | 0.8x | 3.5x | 2.6x | 4.9x | +4.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.64% | 8.88% | 9.02% | 9.47% | 9.47% | 9.59% | 9.17% | 9.88% | +40 bps | |
| Total Risk-Based Capital | 12.70% | 12.79% | 12.69% | 12.97% | 13.08% | 13.53% | 13.79% | 14.18% | +122 bps | |
| Equity / Assets | 8.72% | 8.91% | 9.10% | 9.48% | 9.64% | 9.53% | 9.42% | 10.15% | +68 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 98.36% | 97.34% | 101.99% | 99.93% | 105.80% | 105.98% | 100.31% | 101.94% | +201 bps | |
| Liquid Assets / Assets | 6.27% | 5.63% | 5.79% | 5.42% | 3.68% | 8.14% | 7.98% | 4.48% | -94 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |