Philadelphia, PA · Cert 57871
FDIC
Q2 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2010, the quarter ended June 30, 2010, 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.
Philadelphia, PA · Cert 57871
FDIC
Q2 2010
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 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -4.15% | -4.12% | -4.26% | -3.36% | -2.83% | -2.30% | -0.26% | -0.75% | +261 bps | |
| Return on Equity | -26.60% | -27.99% | -40.01% | -35.06% | -32.67% | -28.14% | -4.00% | -11.51% | +2,355 bps | |
| Net Interest Margin | 3.31% | 2.99% | 3.13% | 3.01% | 2.64% | 2.58% | 3.57% | 3.59% | +58 bps | |
| Efficiency Ratio | 198.64% | 197.96% | 193.41% | 178.00% | 167.91% | 155.54% | 101.73% | 102.15% | -7,585 bps | |
| Non-Interest Burden | 6.94% | 6.26% | 6.45% | 5.71% | 4.69% | 4.21% | 3.63% | 3.68% | -203 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 25.08% | 23.56% | 52.66% | 58.65% | 55.99% | 49.39% | 37.09% | 22.48% | -3,617 bps | |
| Loan Growth (YoY) | 101.88% | 77.58% | 57.04% | 46.50% | 44.05% | 39.80% | 32.32% | 17.48% | -2,902 bps | |
| Deposit Growth (YoY) | 18.66% | 13.29% | 58.00% | 60.93% | 68.01% | 62.85% | 40.97% | 24.05% | -3,688 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 | 0.05% | 0.04% | 1.01% | 0.54% | 0.35% | 0.25% | 0.00% | 0.00% | -54 bps | |
| Allowance / Loans | 1.28% | 1.30% | 1.28% | 1.29% | 1.43% | 1.44% | 1.49% | 1.94% | +66 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 | 17.92% | 15.59% | 13.34% | 11.33% | 10.21% | 10.57% | 10.40% | 10.26% | -107 bps | |
| Equity / Assets | 13.01% | 11.81% | 9.63% | 7.80% | 6.57% | 6.56% | 6.38% | 6.57% | -123 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.12% | 97.73% | 88.35% | 88.64% | 77.27% | 83.89% | 82.93% | 83.95% | -470 bps | |
| Liquid Assets / Assets | 11.02% | 6.48% | 0.21% | 0.41% | 0.24% | 2.32% | 3.62% | 7.32% | +691 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |