Wilmington, DE · Cert 679
FDIC
Q2 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2009, the quarter ended June 30, 2009, 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 679
FDIC
Q2 2009
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 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.13% | 2.15% | 2.35% | 2.19% | 2.04% | 1.79% | 0.71% | 0.37% | -182 bps | |
| Return on Equity | 33.03% | 31.74% | 30.39% | 28.78% | 27.14% | 24.55% | 10.97% | 5.59% | -2,319 bps | |
| Net Interest Margin | 3.85% | 3.65% | 4.06% | 4.23% | 4.18% | 4.33% | 4.11% | 4.01% | -22 bps | |
| Efficiency Ratio | 42.98% | 41.63% | 40.10% | 38.95% | 38.51% | 39.65% | 49.52% | 47.46% | +850 bps | |
| Non-Interest Burden | 0.10% | 0.09% | -0.15% | -0.05% | -0.02% | 0.12% | 0.88% | 0.62% | +67 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 17.26% | 3.44% | 2.75% | 8.24% | -5.16% | -4.41% | -1.67% | -1.07% | -931 bps | |
| Loan Growth (YoY) | 21.01% | 14.17% | 13.86% | 15.77% | -1.65% | -1.21% | -1.38% | -1.00% | -1,677 bps | |
| Deposit Growth (YoY) | 5.35% | -3.58% | 2.97% | 15.71% | -2.05% | 3.89% | 11.39% | 11.83% | -388 bps | |
| 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 | 0.18% | 0.25% | 0.52% | 0.66% | 0.79% | 1.25% | 1.95% | 1.80% | +114 bps | |
| Allowance / Loans | 1.29% | 1.45% | 1.45% | 1.59% | 1.78% | 1.97% | 2.10% | 2.62% | +102 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 | 11.83% | 12.12% | 11.97% | 12.06% | 12.22% | 12.47% | 12.22% | 12.30% | +24 bps | |
| Equity / Assets | 7.73% | 7.95% | 7.54% | 7.33% | 7.24% | 6.35% | 6.58% | 7.06% | -27 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 104.62% | 101.94% | 103.22% | 101.51% | 105.05% | 96.94% | 91.40% | 89.87% | -1,165 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.13% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |