Wilmington, DE · Cert 34867
FDIC
Q2 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2004, the quarter ended June 30, 2004, 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 34867
FDIC
Q2 2004
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 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 3.93% | 3.61% | -1.17% | 2.45% | -0.35% | 0.33% | 0.41% | -0.35% | -280 bps | |
| Return on Equity | 4.59% | 4.20% | -1.34% | 2.81% | -0.40% | 0.37% | 0.42% | -0.36% | -317 bps | |
| Net Interest Margin | 5.53% | 5.58% | 3.79% | 4.25% | 4.33% | 4.80% | 5.72% | 5.52% | +126 bps | |
| Efficiency Ratio | 66.12% | 64.13% | 100.79% | 74.86% | 104.00% | 97.04% | 96.82% | 103.04% | +2,818 bps | |
| Non-Interest Burden | -0.78% | 0.10% | 3.90% | 0.17% | 4.97% | 4.26% | 5.10% | 6.10% | +593 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 18.54% | 8.24% | 6.84% | 3.92% | -9.57% | -11.36% | -10.89% | -13.75% | -1,767 bps | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Deposit Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 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 | 947% | 1062% | 1630% | 1940% | 1308% | 1912% | 1715% | 1440% | -50,002 bps | |
| Equity / Assets | 79.18% | 86.96% | 87.26% | 87.06% | 87.03% | 97.26% | 97.73% | 98.27% | +1,121 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Liquid Assets / Assets | 27.49% | 37.55% | 42.73% | 43.05% | 49.10% | 42.25% | 50.65% | 38.27% | -478 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |