Wilmington, DE · Cert 58498
FDIC · 3 branches
Q1 2020
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Wilmington, DE · Cert 58498
FDIC · 3 branches
Q1 2020
Market Position · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · 2019 SOD (annual) · 0.0% share · #58 of 109 inst. · $0.2B of $459.9B
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 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.65% | 0.64% | 1.13% | 0.54% | 0.30% | 0.37% | 0.37% | 0.48% | -5 bps | |
| Return on Equity | 6.41% | 6.31% | 10.96% | 5.15% | 2.96% | 3.61% | 3.61% | 4.72% | -43 bps | |
| Net Interest Margin | 3.05% | 3.08% | 3.02% | 2.95% | 2.81% | 2.82% | 2.80% | 2.75% | -19 bps | |
| Efficiency Ratio | 79.69% | 79.72% | 78.98% | 77.57% | 77.86% | 78.25% | 80.59% | 78.65% | +108 bps | |
| Non-Interest Burden | 2.41% | 2.44% | 2.37% | 2.26% | 2.16% | 2.18% | 2.23% | 2.14% | -12 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 15.44% | 7.60% | 5.49% | 12.17% | 14.35% | 12.92% | 10.06% | 4.18% | -799 bps | |
| Loan Growth (YoY) | 14.26% | 6.90% | 5.58% | 10.67% | 14.54% | 14.67% | 11.44% | 4.88% | -579 bps | |
| Deposit Growth (YoY) | 20.93% | 10.48% | 3.16% | 10.16% | 8.98% | 12.45% | 10.66% | 0.02% | -1,014 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.60% | 0.59% | 0.46% | 0.42% | 0.19% | 0.00% | 0.01% | 0.00% | -42 bps | |
| Net Charge-Offs / Loans | 0.22% | 0.15% | 0.09% | 0.00% | 0.42% | 0.28% | 0.23% | 0.01% | +1 bps | |
| Allowance / Loans | 1.08% | 1.09% | 1.06% | 1.00% | 0.91% | 0.92% | 0.88% | 0.88% | -13 bps | |
| Allowance Coverage of NPLs | 1.8x | 1.9x | 2.3x | 2.4x | 4.7x | n/a | 70.2x | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.36% | 10.64% | 10.61% | 10.35% | 9.73% | 9.87% | 9.91% | 10.06% | -28 bps | |
| Total Risk-Based Capital | 13.16% | 13.25% | 13.16% | 12.56% | 11.99% | 12.33% | 12.38% | 12.63% | +7 bps | |
| Equity / Assets | 10.16% | 10.25% | 10.71% | 10.20% | 9.92% | 10.16% | 10.22% | 10.25% | +5 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.17% | 104.91% | 107.10% | 104.05% | 108.44% | 106.97% | 107.86% | 109.10% | +505 bps | |
| Liquid Assets / Assets | 5.22% | 5.07% | 3.04% | 4.96% | 4.15% | 4.55% | 5.72% | 7.71% | +275 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |