West Chester, PA · Cert 35077
FDIC · 3 branches
Q2 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2021, the quarter ended June 30, 2021, 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.
West Chester, PA · Cert 35077
FDIC · 3 branches
Q2 2021
Market Position · Harrisburg-Carlisle, PA · 2021 SOD (annual) · 1.1% share · #18 of 27 inst. · $0.2B of $20.4B
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 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -4.56% | -4.04% | -4.15% | -1.48% | -0.75% | -0.38% | 2.88% | 1.71% | +320 bps | |
| Return on Equity | -16.79% | -17.65% | -31.93% | -13.07% | -6.36% | -3.31% | 25.37% | 15.36% | +2,843 bps | |
| Net Interest Margin | 2.30% | 1.82% | 2.26% | 3.33% | 3.32% | 3.05% | 3.47% | 3.35% | +2 bps | |
| Efficiency Ratio | 213% | 198.81% | 136.06% | 98.86% | 90.63% | 87.52% | 92.74% | 81.32% | -1,754 bps | |
| Non-Interest Burden | 5.06% | 3.80% | 3.16% | 3.28% | 2.27% | 2.17% | 3.10% | 2.65% | -64 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 283% | 179.04% | 153.89% | 185.63% | 88.39% | 81.63% | 70.14% | 36.72% | -14,891 bps | |
| Loan Growth (YoY) | 213% | 398% | 299% | 270% | 192.90% | 94.32% | 100.57% | 43.71% | -22,643 bps | |
| Deposit Growth (YoY) | 238% | 306% | 228% | 157.29% | 61.39% | 53.88% | 57.90% | 74.30% | -8,300 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.17% | 0.55% | 0.17% | 0.11% | 0.07% | 0.06% | 0.28% | 0.12% | +2 bps | |
| Net Charge-Offs / Loans | -0.04% | -0.02% | -0.01% | -0.01% | 0.00% | -0.01% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.86% | 1.00% | 1.88% | 1.31% | 1.24% | 1.28% | 1.13% | 1.16% | -15 bps | |
| Allowance Coverage of NPLs | 5.2x | 1.8x | 11.4x | 12.2x | 17.6x | 20.9x | 4.0x | 9.3x | -2.8x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 20.45% | 14.57% | 12.01% | 11.32% | 16.45% | 14.53% | 12.52% | 11.19% | -13 bps | |
| Total Risk-Based Capital | 29.34% | 18.96% | 15.56% | 14.33% | 18.19% | 15.86% | 15.25% | 13.60% | -73 bps | |
| Equity / Assets | 17.48% | 13.90% | 12.15% | 9.02% | 12.52% | 10.96% | 11.75% | 10.82% | +179 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 68.96% | 87.26% | 93.90% | 130.39% | 125.15% | 110.19% | 119.28% | 107.51% | -2,288 bps | |
| Liquid Assets / Assets | 38.32% | 4.39% | 16.62% | 11.36% | 8.36% | 1.89% | 3.08% | 6.32% | -503 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |