Greenville, DE · Cert 33875
FDIC
Q3 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2010, the quarter ended September 30, 2010, 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.
Greenville, DE · Cert 33875
FDIC
Q3 2010
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 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.67% | -0.08% | -0.41% | -0.28% | -8.22% | 0.48% | -7.02% | -4.90% | -462 bps | |
| Return on Equity | 2.76% | -0.32% | -1.68% | -1.14% | -36.40% | 2.64% | -39.89% | -27.89% | -2,675 bps | |
| Net Interest Margin | 2.92% | 2.34% | 2.22% | 2.21% | 2.21% | 2.40% | 2.73% | 2.75% | +54 bps | |
| Efficiency Ratio | 67.76% | 70.31% | 73.16% | 71.06% | 69.20% | 69.71% | 69.91% | 71.38% | +32 bps | |
| Non-Interest Burden | 1.13% | 1.04% | 1.10% | 1.01% | 8.51% | 0.98% | 8.88% | 6.53% | +552 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 70.84% | 22.27% | 12.45% | 39.75% | 13.25% | -26.72% | -20.42% | -27.91% | -6,766 bps | |
| Loan Growth (YoY) | 15.14% | 16.72% | 17.28% | -11.10% | -9.41% | -15.88% | -21.10% | -10.86% | +24 bps | |
| Deposit Growth (YoY) | 49.79% | 24.06% | 12.10% | 50.85% | 31.21% | -24.79% | -12.41% | -22.82% | -7,367 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.62% | 2.44% | 3.12% | 3.44% | 3.49% | 1.44% | 1.83% | 3.98% | +54 bps | |
| Allowance / Loans | 1.84% | 1.75% | 1.71% | 2.07% | 2.58% | 2.60% | 3.02% | 1.90% | -16 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 13.07% | 12.66% | 12.44% | 13.77% | 15.51% | 16.06% | 16.73% | 16.79% | +302 bps | |
| Equity / Assets | 26.67% | 23.61% | 24.21% | 23.34% | 15.58% | 21.48% | 16.50% | 17.51% | -583 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.22% | 72.18% | 77.07% | 61.85% | 56.07% | 80.73% | 69.43% | 71.44% | +958 bps | |
| Liquid Assets / Assets | 2.12% | 2.46% | 1.46% | 1.46% | 41.22% | 21.49% | 31.07% | 29.87% | +2,841 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |