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Revere Bank

Laurel, MD · Cert 58640

FDIC · 11 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

Revere Bank

Laurel, MD · Cert 58640

FDIC · 11 branches

Q1 2020

$2.8BAssets
$2.5BLoans
$2.3BDeposits
$307.2MEquity
Loan mix
80%RE $1.3B20%C&I $0.3B0%Consumer $0.0BQ1 2019Q1 2020
Deposit mix
82%Interest-bearing $1.9B18%Noninterest $0.4BQ1 2019Q1 2020

NIM

4.50%Q1 ’184.84%Q1 ’194.67%Q1 ’20-3%-2%

Non-interest income vs. expense

1.92%Q1 ’181.80%Q1 ’192.49%Q1 ’20-5%+39%

Market Position · Washington-Arlington-Alexandria, DC-VA-MD-WV · 2019 SOD (annual) · 0.6% share · #18 of 75 inst. · $1.7B of $261.4B

2.8% Montgomery
3.1% Prince George's
2.3% Howard
2.9% Frederick

Executive Summary

  • Earnings: ROA of 0.08%, down 113 bps year over year; NIM at 3.48%.
  • Asset quality: problem loans at 0.47% of loans (+38 bps YoY), with net charge-offs at 0.77%.
  • Capital: tier 1 leverage ratio of 9.99%, down 12 bps from a year ago.
  • Funding: loans stand at 108.65% of deposits as of Q1 2020.

Financial Results

Return on Assets (YTD, annualized)

0.08%-113 bps YoY

Net Interest Margin (YTD, annualized)

3.48%-7 bps YoY

Efficiency Ratio (YTD, annualized)

70.22%+2,005 bps YoY

Tier 1 Leverage Ratio

9.99%-12 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2019Q2 2019Q3 2019Q4 2019Q1 2020YoY ΔTrend
Earnings
Return on Assets1.21%1.22%1.21%1.19%0.08%-113 bps
Return on Equity11.13%11.19%11.25%11.12%0.76%-1,037 bps
Net Interest Margin3.56%3.56%3.37%3.22%3.48%-7 bps
Efficiency Ratio50.16%49.45%49.20%49.78%70.22%+2,005 bps
Non-Interest Burden1.72%1.68%1.59%1.54%2.39%+67 bps
Growth
Asset Growth (YoY)14.49%16.73%22.33%16.13%13.12%-136 bps
Loan Growth (YoY)14.17%17.01%18.47%17.75%16.59%+242 bps
Deposit Growth (YoY)9.96%11.49%19.84%12.27%11.15%+119 bps
Asset Quality
Nonperforming Loans / Loans0.09%0.05%0.19%0.08%0.47%+38 bps
Net Charge-Offs / Loans0.00%-0.01%0.02%0.02%0.77%+77 bps
Allowance / Loans0.91%0.92%0.93%0.94%1.01%+10 bps
Allowance Coverage of NPLs9.8x19.1x4.9x11.6x2.2x-7.7x
Capital
Tier 1 Leverage Ratio10.10%10.23%9.79%9.48%9.99%-12 bps
Total Risk-Based Capital13.60%13.21%13.30%13.15%13.14%-46 bps
Equity / Assets10.96%10.90%10.41%10.65%10.82%-14 bps
Liquidity & Funding
Loans / Deposits103.58%107.85%101.24%104.67%108.65%+507 bps
Liquid Assets / Assets3.57%2.40%6.88%4.36%2.24%-133 bps
CRE / Total Capitaln/an/an/an/an/an/an/a