Wilmington, DE · Cert 34680
FDIC
Q2 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2006, the quarter ended June 30, 2006, 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.
Wilmington, DE · Cert 34680
FDIC
Q2 2006
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 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.97% | 2.97% | 2.33% | 2.91% | 2.93% | 2.49% | 2.31% | 1.97% | -93 bps | |
| Return on Equity | 15.69% | 16.29% | 15.39% | 18.19% | 17.47% | 14.53% | 8.84% | 7.33% | -1,086 bps | |
| Net Interest Margin | 4.05% | 3.96% | 4.48% | 3.76% | 3.73% | 3.66% | 3.97% | 3.62% | -14 bps | |
| Efficiency Ratio | 44.80% | 44.73% | 53.18% | 46.85% | 45.98% | 46.73% | 42.60% | 37.11% | -974 bps | |
| Non-Interest Burden | -2.07% | -1.89% | -0.27% | -0.99% | -1.30% | -1.23% | -1.06% | -1.50% | -51 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 123.77% | 92.86% | 63.73% | 64.77% | 50.29% | 39.20% | 22.41% | 37.35% | -2,742 bps | |
| Loan Growth (YoY) | 150.16% | 107.00% | 59.56% | 59.11% | 43.82% | 31.83% | 5.14% | 12.09% | -4,702 bps | |
| Deposit Growth (YoY) | 18.97% | 30.77% | -4.46% | 17.47% | 64.13% | 59.83% | 103.30% | 41.14% | +2,367 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 | 1.82% | 1.65% | 1.68% | 1.62% | 1.64% | 1.65% | 0.28% | 0.73% | -89 bps | |
| Allowance / Loans | 2.58% | 2.34% | 1.66% | 1.31% | 1.40% | 1.60% | 1.77% | 2.21% | +90 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 | 18.13% | 17.09% | 15.54% | 16.24% | 17.66% | 17.68% | 16.52% | 14.84% | -140 bps | |
| Equity / Assets | 17.36% | 16.14% | 14.44% | 17.38% | 18.90% | 18.47% | 32.62% | 28.23% | +1,085 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 6169% | 6579% | 10518% | 8154% | 5406% | 5427% | 5440% | 6476% | -167,814 bps | |
| Liquid Assets / Assets | 1.94% | 2.01% | 1.46% | 1.84% | 2.44% | 2.02% | 2.93% | 2.97% | +113 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |