Christiana, DE · Cert 57896
FDIC
Q2 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2008, the quarter ended June 30, 2008, 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.
Christiana, DE · Cert 57896
FDIC
Q2 2008
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 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -2.51% | -2.33% | -2.21% | -1.90% | -1.92% | -1.90% | -2.18% | -0.96% | +93 bps | |
| Return on Equity | -16.95% | -16.45% | -22.21% | -20.71% | -22.36% | -22.95% | -25.78% | -9.94% | +1,077 bps | |
| Net Interest Margin | 1.54% | 1.56% | 1.38% | 1.41% | 1.29% | 1.26% | 0.51% | 0.28% | -113 bps | |
| Efficiency Ratio | 326% | 295% | 260% | 243% | 250% | 257% | 473% | 468% | +22,438 bps | |
| Non-Interest Burden | 5.12% | 4.74% | 4.22% | 4.07% | 3.86% | 3.86% | 3.25% | 1.83% | -223 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.42% | 26.23% | 72.03% | 62.66% | 57.77% | 33.70% | -5.94% | -34.97% | -9,763 bps | |
| Loan Growth (YoY) | 401% | 344% | 262% | 191.29% | 56.65% | 62.81% | 31.91% | 64.24% | -12,705 bps | |
| Deposit Growth (YoY) | -2.33% | 28.30% | 89.89% | 76.75% | 69.82% | 40.85% | -7.88% | -39.18% | -11,594 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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.68% | 0.87% | 0.70% | 0.77% | 0.81% | 0.74% | 0.72% | 0.58% | -19 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 | 31.54% | 28.17% | 19.99% | 19.09% | 17.61% | 16.56% | 20.09% | 18.41% | -68 bps | |
| Equity / Assets | 13.67% | 12.04% | 8.43% | 7.80% | 7.07% | 7.16% | 9.85% | 13.18% | +538 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 30.11% | 29.45% | 29.07% | 28.05% | 27.78% | 34.04% | 41.63% | 75.74% | +4,769 bps | |
| Liquid Assets / Assets | 0.02% | 0.04% | 0.05% | 0.05% | 0.58% | 0.64% | 0.06% | 0.10% | +5 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |