Bethesda, MD · Cert 58529
FDIC
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 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.
Bethesda, MD · Cert 58529
FDIC
Q3 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 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.20% | -4.22% | -4.48% | -4.43% | -5.90% | -5.66% | -3.67% | -3.24% | +119 bps | |
| Return on Equity | n/a | -15.53% | -16.55% | -18.92% | -29.16% | -65.20% | -41.65% | -37.16% | -1,824 bps | |
| Net Interest Margin | 0.45% | 1.74% | 1.85% | 1.50% | 1.52% | 1.71% | 2.42% | 1.86% | +36 bps | |
| Efficiency Ratio | 229% | 478% | 477% | 478% | 584% | 534% | 318% | 294% | -18,322 bps | |
| Non-Interest Burden | 1.04% | 8.62% | 9.25% | 7.63% | 9.56% | 10.20% | 8.23% | 5.92% | -171 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | n/a | n/a | n/a | n/a | 69.34% | 166.77% | 406% | 215% | n/a | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | 2621% | 514% | 345% | 190.15% | n/a | |
| Deposit Growth (YoY) | n/a | n/a | n/a | n/a | 107.28% | 237% | 370% | 249% | n/a | |
| 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% | 0.01% | 0.02% | 0.29% | 0.12% | 0.17% | +16 bps | |
| Allowance / Loans | 0.00% | 0.04% | 0.03% | 0.03% | 0.05% | 0.06% | 0.08% | 0.20% | +16 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 | 125.57% | 89.29% | 57.49% | 34.93% | 23.13% | 13.04% | 18.79% | 17.50% | -1,743 bps | |
| Equity / Assets | 27.60% | 26.71% | 26.92% | 16.10% | 12.03% | 6.53% | 8.93% | 8.51% | -759 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 6.14% | 37.28% | 96.94% | 83.27% | 80.64% | 67.86% | 91.78% | 69.17% | -1,411 bps | |
| Liquid Assets / Assets | 0.60% | 0.38% | 0.44% | 0.19% | 0.35% | 0.00% | 15.68% | 0.85% | +66 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |