PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Graystone Bank

Lancaster, PA · Cert 58166

FDIC

Q4 2011

$2.5BAssets
$2.1BLoans
$2.1BDeposits
$283.5MEquity
Loan mix
85%RE $1.2B14%C&I $0.2B1%Consumer $0.0BQ4 2010Q4 2011
Deposit mix
83%Interest-bearing $1.8B17%Noninterest $0.4BQ4 2010Q4 2011

NIM

4.01%Q4 ’094.11%Q4 ’104.73%Q4 ’11+16%+29%

Non-interest income vs. expense

2.40%Q4 ’092.88%Q4 ’103.49%Q4 ’11+27%+17%

Executive Summary

  • Earnings: ROA of 0.71%, up 52 bps year over year; NIM at 3.89%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.34%.
  • Funding: loans stand at 96.86% of deposits as of Q4 2011.

Financial Results

Return on Assets (YTD, annualized)

0.71%+52 bps YoY

Net Interest Margin (YTD, annualized)

3.89%+86 bps YoY

Efficiency Ratio (YTD, annualized)

72.84%-544 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2010Q1 2011Q2 2011Q3 2011Q4 2011YoY ΔTrend
Earnings
Return on Assets0.20%0.16%0.43%0.65%0.71%+52 bps
Return on Equity1.83%1.67%4.25%6.24%6.78%+495 bps
Net Interest Margin3.02%3.75%3.92%3.95%3.89%+86 bps
Efficiency Ratio78.28%87.82%80.15%74.77%72.84%-544 bps
Non-Interest Burden2.27%3.26%3.04%2.81%2.66%+39 bps
Growth
Asset Growth (YoY)87.07%69.73%59.21%56.91%-8.46%-9,554 bps
Loan Growth (YoY)93.62%78.82%66.97%56.92%-6.54%-10,016 bps
Deposit Growth (YoY)91.86%75.59%63.12%59.38%-8.29%-10,015 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.21%0.11%0.52%0.42%0.34%+13 bps
Allowance / Loans0.63%0.72%0.58%0.57%0.61%-3 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 Capital11.79%12.59%12.90%13.06%13.36%+158 bps
Equity / Assets9.35%10.23%10.86%11.04%11.28%+193 bps
Liquidity & Funding
Loans / Deposits95.05%92.89%94.97%96.59%96.86%+181 bps
Liquid Assets / Assets6.66%2.76%1.10%3.34%3.95%-271 bps
CRE / Total Capitaln/an/an/an/an/an/an/a