PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Allfirst Trust Company National Association

McLean, VA · Cert 34466

FDIC

Q1 2003

$89.2MAssets
n/aLoans
n/aDeposits
$84.9MEquity

NIM

1.66%Q1 ’010.36%Q1 ’020.26%Q1 ’03-78%-29%

Non-interest income vs. expense

64.28%Q1 ’0149.14%Q1 ’0235.14%Q1 ’03+42%+27%

Executive Summary

  • Earnings: ROA of 21.02%, down 649 bps year over year; NIM at 0.26%.

Financial Results

Return on Assets (YTD, annualized)

21.02%-649 bps YoY

Net Interest Margin (YTD, annualized)

0.26%-10 bps YoY

Efficiency Ratio (YTD, annualized)

50.61%-66 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2002Q2 2002Q3 2002Q4 2002Q1 2003YoY ΔTrend
Earnings
Return on Assets27.51%25.39%24.04%24.28%21.02%-649 bps
Return on Equity30.51%27.97%26.47%26.69%22.51%-799 bps
Net Interest Margin0.36%0.36%0.35%0.33%0.26%-10 bps
Efficiency Ratio51.27%53.11%53.54%51.53%50.61%-66 bps
Non-Interest Burden-46.35%-41.19%-37.87%-37.37%-34.04%+1,231 bps
Growth
Asset Growth (YoY)41.08%33.70%32.86%28.08%22.10%-1,898 bps
Loan Growth (YoY)n/an/an/an/an/an/an/a
Deposit Growth (YoY)n/an/an/an/an/an/an/a
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital295%187.82%191.85%212%223%-7,213 bps
Equity / Assets90.73%91.78%91.05%91.48%95.22%+450 bps
Liquidity & Funding
Loans / Depositsn/an/an/an/an/an/an/a
Liquid Assets / Assets18.62%0.00%0.00%0.00%0.00%-1,862 bps
CRE / Total Capitaln/an/an/an/an/an/an/a