PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

HSBC Bank & Trust Company (Delaware), National Association

Wilmington, DE · Cert 34867

FDIC

Q2 2004

$9.6MAssets
n/aLoans
n/aDeposits
$9.4MEquity

Executive Summary

  • Earnings: ROA of -1.12%, down 718 bps year over year; NIM at 5.33%.

Return on Assets (quarter, annualized)

-1.12%-718 bps YoY

Net Interest Margin (quarter, annualized)

5.33%+69 bps YoY

Efficiency Ratio (quarter, annualized)

109.56%+5,461 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.78%Q2 ’024.64%Q2 ’035.33%Q2 ’04-20%+15%

Non-interest income vs. expense

7.95%Q2 ’0210.10%Q2 ’0320.53%Q2 ’04+37%+296%

Discrete quarter, annualized.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets2.50%2.53%-1.17%6.06%-5.97%2.48%0.41%-1.12%-718 bps
Return on Equity3.01%3.05%-1.34%6.95%-6.86%2.70%0.42%-1.14%-809 bps
Net Interest Margin5.98%6.00%3.79%4.64%4.44%5.81%5.72%5.33%+69 bps
Efficiency Ratio73.24%46.47%100.79%54.95%167.58%82.71%96.82%109.56%+5,461 bps
Non-Interest Burden1.63%2.69%3.90%-3.64%14.57%1.69%5.10%7.12%+1,076 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/an/an/an/an/an/an/an/an/an/a
Deposit Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital947%1062%1630%1940%1308%1912%1715%1440%-50,002 bps
Equity / Assets79.18%86.96%87.26%87.06%87.03%97.26%97.73%98.27%+1,121 bps
Liquidity & Funding
Loans / Depositsn/an/an/an/an/an/an/an/an/an/a
Liquid Assets / Assets27.49%37.55%42.73%43.05%49.10%42.25%50.65%38.27%-478 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a