Doylestown, PA · Cert 34251
FDIC
Q1 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2003, the quarter ended March 31, 2003, 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.
Doylestown, PA · Cert 34251
FDIC
Q1 2003
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 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.45% | 0.45% | 0.38% | -0.12% | 0.23% | 0.44% | 0.61% | 0.37% | +49 bps | |
| Return on Equity | n/a | n/a | n/a | -1.44% | 2.66% | 5.20% | 7.19% | 4.34% | +579 bps | |
| Net Interest Margin | 3.39% | 3.31% | 3.32% | 3.23% | 3.39% | 3.53% | 3.44% | 3.35% | +11 bps | |
| Efficiency Ratio | 91.39% | 88.86% | 91.04% | 95.62% | 88.12% | 85.04% | 83.57% | 86.20% | -941 bps | |
| Non-Interest Burden | 3.05% | 2.89% | 2.98% | 3.09% | 2.96% | 2.96% | 2.82% | 2.87% | -22 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 27.03% | 20.73% | 14.60% | 20.67% | 20.34% | 23.46% | 16.17% | 12.30% | -837 bps | |
| Loan Growth (YoY) | 21.71% | 18.44% | 19.11% | 26.96% | 39.41% | 37.14% | 32.51% | 15.00% | -1,197 bps | |
| Deposit Growth (YoY) | 19.57% | 15.92% | 18.12% | 24.43% | 24.27% | 31.69% | 19.30% | 16.77% | -767 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 | 0.16% | 0.11% | 0.06% | 0.02% | 0.02% | 0.01% | 0.01% | 0.03% | +1 bps | |
| Allowance / Loans | 1.25% | 1.27% | 1.24% | 1.20% | 1.21% | 1.23% | 1.23% | 1.25% | +5 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 | 14.81% | 14.22% | 13.26% | 11.48% | 11.26% | 11.53% | 11.66% | 11.42% | -6 bps | |
| Equity / Assets | 9.70% | 9.75% | 8.91% | 8.25% | 8.44% | 8.36% | 8.54% | 8.41% | +16 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 80.59% | 85.27% | 82.28% | 88.14% | 90.41% | 88.80% | 91.39% | 86.81% | -134 bps | |
| Liquid Assets / Assets | 8.28% | 6.44% | 4.76% | 1.90% | 2.05% | 2.01% | 4.00% | 0.46% | -144 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |