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Midcoast Community Bank

Wilmington, DE · Cert 58498

FDIC · 3 branches

Q1 2020

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2020, the quarter ended March 31, 2020, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Midcoast Community Bank

Wilmington, DE · Cert 58498

FDIC · 3 branches

Q1 2020

$270.2MAssets
$231.4MLoans
$212.1MDeposits
$27.7MEquity
Deposit mix
90%Interest-bearing $190.6M10%Noninterest $21.5MQ1 2019Q1 2020

NIM

4.00%Q1 ’184.32%Q1 ’194.18%Q1 ’20-3%-7%

Non-interest income vs. expense

2.61%Q1 ’182.34%Q1 ’192.24%Q1 ’20-11%-5%

Market Position · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · 2019 SOD (annual) · 0.0% share · #58 of 109 inst. · $0.2B of $459.9B

0.1% New Castle
1.7% Kent

Executive Summary

  • Earnings: ROA of 0.48%, down 5 bps year over year; NIM at 2.75%.
  • Asset quality: problem loans at 0.00% of loans (-42 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 10.06%, down 28 bps from a year ago.
  • Funding: loans stand at 109.10% of deposits as of Q1 2020.

Financial Results

Return on Assets (YTD, annualized)

0.48%-5 bps YoY

Net Interest Margin (YTD, annualized)

2.75%-19 bps YoY

Efficiency Ratio (YTD, annualized)

78.65%+108 bps YoY

Tier 1 Leverage Ratio

10.06%-28 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2019Q2 2019Q3 2019Q4 2019Q1 2020YoY ΔTrend
Earnings
Return on Assets0.54%0.30%0.37%0.37%0.48%-5 bps
Return on Equity5.15%2.96%3.61%3.61%4.72%-43 bps
Net Interest Margin2.95%2.81%2.82%2.80%2.75%-19 bps
Efficiency Ratio77.57%77.86%78.25%80.59%78.65%+108 bps
Non-Interest Burden2.26%2.16%2.18%2.23%2.14%-12 bps
Growth
Asset Growth (YoY)12.17%14.35%12.92%10.06%4.18%-799 bps
Loan Growth (YoY)10.67%14.54%14.67%11.44%4.88%-579 bps
Deposit Growth (YoY)10.16%8.98%12.45%10.66%0.02%-1,014 bps
Asset Quality
Nonperforming Loans / Loans0.42%0.19%0.00%0.01%0.00%-42 bps
Net Charge-Offs / Loans0.00%0.42%0.28%0.23%0.01%+1 bps
Allowance / Loans1.00%0.91%0.92%0.88%0.88%-13 bps
Allowance Coverage of NPLs2.4x4.7xn/a70.2xn/an/a
Capital
Tier 1 Leverage Ratio10.35%9.73%9.87%9.91%10.06%-28 bps
Total Risk-Based Capital12.56%11.99%12.33%12.38%12.63%+7 bps
Equity / Assets10.20%9.92%10.16%10.22%10.25%+5 bps
Liquidity & Funding
Loans / Deposits104.05%108.44%106.97%107.86%109.10%+505 bps
Liquid Assets / Assets4.96%4.15%4.55%5.72%7.71%+275 bps
CRE / Total Capitaln/an/an/an/an/an/an/a