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 (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.18% | -0.06% | 0.11% | 0.00% | 0.03% | 0.02% | -0.15% | 0.02% | +1 bps | |
| Return on Equity | -1.91% | -0.69% | 1.24% | 0.05% | 0.33% | 0.25% | -1.70% | 0.19% | +14 bps | |
| Net Interest Margin | 2.97% | 3.21% | 3.62% | 3.42% | 3.35% | 3.38% | 3.20% | 3.33% | -9 bps | |
| Efficiency Ratio | 105.58% | 100.50% | 98.37% | 100.59% | 100.13% | 100.31% | 106.80% | 100.09% | -50 bps | |
| Non-Interest Burden | 3.09% | 3.17% | 3.50% | 3.38% | 3.30% | 3.34% | 3.38% | 3.28% | -10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.87% | -9.15% | -4.38% | 3.85% | 5.10% | 8.02% | 7.13% | 2.69% | -116 bps | |
| Loan Growth (YoY) | 27.91% | 36.30% | 44.80% | 31.64% | 21.37% | 10.18% | 4.93% | 1.18% | -3,045 bps | |
| Deposit Growth (YoY) | 3.14% | -9.48% | -4.19% | 0.61% | 5.50% | 4.03% | 7.57% | 6.68% | +607 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.27% | 0.23% | 0.22% | 0.23% | 0.15% | 0.14% | 0.14% | 0.13% | -9 bps | |
| Net Charge-Offs / Loans | -0.01% | -0.01% | -0.01% | 0.00% | 0.00% | 0.00% | -0.01% | -0.01% | 0 bps | |
| Allowance / Loans | 0.72% | 0.68% | 1.12% | 1.10% | 1.08% | 1.07% | 1.07% | 1.07% | -3 bps | |
| Allowance Coverage of NPLs | 2.7x | 2.9x | 5.1x | 4.8x | 6.9x | 7.4x | 7.7x | 8.0x | +3.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.05% | 8.20% | 8.11% | 7.72% | 7.47% | 7.57% | 7.43% | 7.43% | -30 bps | |
| Total Risk-Based Capital | 12.23% | 11.15% | 11.02% | 10.53% | 10.34% | 10.28% | 10.13% | 10.23% | -30 bps | |
| Equity / Assets | 9.10% | 9.52% | 9.04% | 8.68% | 8.42% | 8.65% | 8.40% | 8.53% | -15 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 82.73% | 95.35% | 96.60% | 100.57% | 95.17% | 100.98% | 94.23% | 95.39% | -518 bps | |
| Liquid Assets / Assets | 13.22% | 1.92% | 0.99% | 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 | n/a | n/a | n/a |