Pittston, PA · Cert 57112
FDIC · 5 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.
Pittston, PA · Cert 57112
FDIC · 5 branches
Q2 2021
Market Position · Scranton--Wilkes-Barre, PA · 2021 SOD (annual) · 1.9% share · #13 of 22 inst. · $0.3B of $16.5B
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 | 0.34% | 0.32% | 0.27% | 0.39% | 0.31% | 0.39% | 0.40% | 0.26% | -13 bps | |
| Return on Equity | 3.68% | 3.41% | 2.67% | 3.88% | 3.14% | 3.90% | 4.05% | 2.63% | -125 bps | |
| Net Interest Margin | 3.09% | 3.07% | 2.95% | 3.07% | 3.07% | 3.25% | 3.53% | 3.42% | +35 bps | |
| Efficiency Ratio | 90.44% | 91.25% | 89.30% | 86.85% | 87.24% | 83.05% | 88.36% | 94.45% | +760 bps | |
| Non-Interest Burden | 2.75% | 2.76% | 2.57% | 2.47% | 2.45% | 2.47% | 2.96% | 3.07% | +60 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.82% | -2.61% | -1.77% | 7.46% | 16.13% | 8.24% | 16.23% | -1.32% | -878 bps | |
| Loan Growth (YoY) | -3.97% | -1.97% | -0.38% | 18.97% | 17.89% | 13.16% | 20.88% | 2.16% | -1,681 bps | |
| Deposit Growth (YoY) | -2.57% | -4.91% | -4.72% | -0.49% | 7.75% | 2.65% | 15.59% | 7.84% | +834 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.64% | 0.32% | 0.23% | 0.19% | 0.14% | 0.13% | 0.11% | 0.15% | -4 bps | |
| Net Charge-Offs / Loans | 0.09% | 0.08% | 0.03% | 0.04% | 0.05% | 0.02% | -0.03% | 0.05% | +1 bps | |
| Allowance / Loans | 1.27% | 1.22% | 1.25% | 1.17% | 1.19% | 1.34% | 1.25% | 1.19% | +3 bps | |
| Allowance Coverage of NPLs | 2.0x | 3.8x | 5.3x | 6.1x | 8.3x | 10.1x | 11.2x | 8.1x | +2.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.78% | 9.81% | 10.13% | 10.13% | 9.91% | 10.09% | 9.89% | 9.69% | -43 bps | |
| Total Risk-Based Capital | 14.04% | 13.86% | 14.16% | 14.16% | 14.58% | 14.61% | 13.70% | 14.78% | +62 bps | |
| Equity / Assets | 10.03% | 9.86% | 10.35% | 9.80% | 9.53% | 10.17% | 9.39% | 10.02% | +23 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.08% | 88.64% | 92.26% | 98.78% | 97.45% | 97.71% | 96.48% | 93.58% | -520 bps | |
| Liquid Assets / Assets | 1.84% | 0.07% | 0.00% | 0.08% | 2.12% | 0.00% | 0.24% | 0.00% | -7 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |