Moorestown, NJ · Cert 35286
FDIC · 7 branches
Q2 2024
Market Position · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · 2024 SOD (annual) · 0.0% share · #50 of 91 inst. · $0.3B of $611.1B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.10% | 0.08% | 0.00% | -0.15% | 0.18% | +28 bps | |
| Return on Equity | -1.15% | 0.91% | 0.01% | -1.70% | 2.08% | +324 bps | |
| Net Interest Margin | 3.36% | 3.42% | 3.45% | 3.20% | 3.49% | +13 bps | |
| Efficiency Ratio | 102.87% | 99.24% | 100.84% | 106.80% | 94.08% | -879 bps | |
| Non-Interest Burden | 3.41% | 3.34% | 3.42% | 3.38% | 3.21% | -20 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 3.85% | 5.10% | 8.02% | 7.13% | 2.69% | -116 bps | |
| Loan Growth (YoY) | 31.64% | 21.37% | 10.18% | 4.93% | 1.18% | -3,045 bps | |
| Deposit Growth (YoY) | 0.61% | 5.50% | 4.03% | 7.57% | 6.68% | +607 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.23% | 0.15% | 0.14% | 0.14% | 0.13% | -9 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | -0.01% | -0.01% | 0 bps | |
| Allowance / Loans | 1.10% | 1.08% | 1.07% | 1.07% | 1.07% | -3 bps | |
| Allowance Coverage of NPLs | 4.8x | 6.9x | 7.4x | 7.7x | 8.0x | +3.2x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 7.72% | 7.47% | 7.57% | 7.43% | 7.43% | -30 bps | |
| Total Risk-Based Capital | 10.53% | 10.34% | 10.28% | 10.13% | 10.23% | -30 bps | |
| Equity / Assets | 8.68% | 8.42% | 8.65% | 8.40% | 8.53% | -15 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 100.57% | 95.17% | 100.98% | 94.23% | 95.39% | -518 bps | |
| Liquid Assets / Assets | 0.12% | 1.10% | 0.40% | 2.21% | 2.10% | +198 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |