PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

American Home Bank, National Association

Lancaster, PA · Cert 57174

FDIC

Q3 2008

$235.4MAssets
$190.4MLoans
$177.6MDeposits
$16.9MEquity
Loan mix
97%RE $182.0M2%C&I $4.3M0%Consumer $0.5MQ3 2007Q3 2008
Deposit mix
95%Interest-bearing $168.0M5%Noninterest $9.5MQ3 2007Q3 2008

NIM

6.57%Q3 ’066.28%Q3 ’075.80%Q3 ’08-21%+11%

Non-interest income vs. expense

10.00%Q3 ’068.28%Q3 ’0711.68%Q3 ’08+19%+9%

Executive Summary

  • Earnings: ROA of 0.03%, down 5 bps year over year; NIM at 2.19%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.48%.
  • Funding: loans stand at 107.22% of deposits as of Q3 2008.

Financial Results

Return on Assets (quarter, annualized)

0.03%-5 bps YoY

Net Interest Margin (quarter, annualized)

2.19%+22 bps YoY

Efficiency Ratio (quarter, annualized)

97.78%+27 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets0.09%-0.31%-0.28%0.35%0.03%-5 bps
Return on Equity1.05%-4.40%-4.21%5.34%0.47%-58 bps
Net Interest Margin1.98%1.58%1.85%1.99%2.19%+22 bps
Efficiency Ratio97.51%106.56%100.94%95.54%97.78%+27 bps
Non-Interest Burden1.77%2.16%1.94%1.56%1.93%+16 bps
Growth
Asset Growth (YoY)12.83%46.36%50.10%42.19%7.24%-559 bps
Loan Growth (YoY)-7.34%71.64%61.16%47.64%40.29%+4,763 bps
Deposit Growth (YoY)2.65%16.59%41.91%31.91%4.26%+161 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.61%0.04%0.00%0.05%0.48%-13 bps
Allowance / Loans0.83%0.56%0.70%0.71%0.69%-14 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital13.58%10.62%11.36%11.23%11.26%-232 bps
Equity / Assets7.67%6.38%6.81%6.30%7.19%-47 bps
Liquidity & Funding
Loans / Deposits79.68%124.05%100.23%95.04%107.22%+2,754 bps
Liquid Assets / Assets0.17%0.20%0.31%0.16%0.53%+36 bps
CRE / Total Capitaln/an/an/an/an/an/an/a