Bethlehem, PA · Cert 58085
FDIC
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
Bethlehem, PA · Cert 58085
FDIC
Q1 2014
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 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.67% | 0.62% | 0.63% | 0.78% | 0.69% | 0.71% | 0.70% | 0.81% | +3 bps | |
| Return on Equity | 6.59% | 6.18% | 6.28% | 7.76% | 6.96% | 7.29% | 7.17% | 8.08% | +32 bps | |
| Net Interest Margin | 3.37% | 3.25% | 3.26% | 3.24% | 3.31% | 3.28% | 3.19% | 3.28% | +4 bps | |
| Efficiency Ratio | 69.11% | 69.51% | 69.49% | 70.75% | 72.11% | 69.68% | 71.00% | 70.45% | -30 bps | |
| Non-Interest Burden | 2.26% | 2.19% | 2.20% | 2.20% | 2.29% | 2.18% | 2.18% | 2.23% | +3 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 20.06% | 14.41% | 11.06% | 12.96% | -0.84% | 4.03% | 2.55% | 0.64% | -1,232 bps | |
| Loan Growth (YoY) | 17.60% | 19.65% | 16.26% | 17.51% | 11.32% | 13.22% | 14.91% | 14.06% | -345 bps | |
| Deposit Growth (YoY) | 18.44% | 17.49% | 10.38% | 10.31% | -2.05% | 1.96% | 2.40% | 1.42% | -890 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 | 0.62% | 0.51% | 0.44% | -0.08% | 0.03% | 0.02% | 0.02% | 0.20% | +28 bps | |
| Allowance / Loans | 1.37% | 1.40% | 1.47% | 1.50% | 1.50% | 1.52% | 1.48% | 1.41% | -9 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 | 14.98% | 14.93% | 14.66% | 14.72% | 14.74% | 14.36% | 14.57% | 14.80% | +7 bps | |
| Equity / Assets | 9.64% | 10.06% | 10.09% | 9.90% | 9.76% | 9.24% | 9.76% | 10.26% | +36 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 68.06% | 71.29% | 75.03% | 75.11% | 77.35% | 79.16% | 84.19% | 84.48% | +937 bps | |
| Liquid Assets / Assets | 7.44% | 2.88% | 1.03% | 4.68% | 3.55% | 4.00% | 1.75% | 1.66% | -303 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |