Intercourse, PA · Cert 35104
FDIC
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, 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.
Intercourse, PA · Cert 35104
FDIC
Q3 2003
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 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.61% | 0.56% | 0.54% | 0.54% | 0.55% | 0.64% | 0.68% | 0.71% | +17 bps | |
| Return on Equity | n/a | 3.78% | 3.86% | 4.06% | 4.31% | 5.91% | 6.50% | 6.90% | +285 bps | |
| Net Interest Margin | 2.97% | 3.25% | 3.13% | 2.87% | 2.85% | 3.46% | 3.31% | 3.29% | +42 bps | |
| Efficiency Ratio | 72.86% | 67.39% | 70.49% | 71.14% | 69.69% | 58.43% | 59.80% | 61.44% | -971 bps | |
| Non-Interest Burden | 2.12% | 2.14% | 2.16% | 2.00% | 1.94% | 1.95% | 1.90% | 1.93% | -7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 35.22% | 37.05% | 46.18% | 44.49% | 45.21% | 46.06% | 30.71% | 31.02% | -1,347 bps | |
| Loan Growth (YoY) | 47.35% | 43.31% | 38.19% | 42.63% | 48.51% | 50.60% | 50.27% | 54.37% | +1,174 bps | |
| Deposit Growth (YoY) | 42.98% | 45.00% | 50.46% | 48.49% | 49.77% | 42.97% | 27.14% | 23.09% | -2,540 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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.26% | 1.24% | 1.25% | 1.25% | 1.22% | 1.24% | 1.29% | 1.25% | 0 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 | 19.38% | 17.67% | 16.29% | 15.53% | 14.24% | 12.69% | 11.90% | 11.09% | -444 bps | |
| Equity / Assets | 15.56% | 14.29% | 12.32% | 11.67% | 11.29% | 10.37% | 10.01% | 9.47% | -220 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 100.93% | 102.63% | 92.95% | 91.37% | 100.08% | 108.10% | 109.86% | 114.59% | +2,322 bps | |
| Liquid Assets / Assets | 0.88% | 0.80% | 0.68% | 0.64% | 0.61% | 0.00% | 0.00% | 0.04% | -60 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |