PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

National Bank of Delaware County, Walton

Walton, NY · Cert 7337

FDIC · 12 branches

Q2 2016

$375.5MAssets
$112.4MLoans
$327.7MDeposits
$41.1MEquity
Loan mix
87%RE $90.5M7%C&I $6.7M6%Consumer $6.3MQ3 2014Q2 2016
Deposit mix
80%Interest-bearing $261.3M20%Noninterest $66.4MQ3 2014Q2 2016

Executive Summary

  • Earnings: ROA of 0.18%, down 4 bps year over year; NIM at 2.44%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.03%.
  • Capital: tier 1 leverage ratio of 8.93%, down 10 bps from a year ago.
  • Funding: loans stand at 34.31% of deposits as of Q2 2016.

Return on Assets (quarter, annualized)

0.18%-4 bps YoY

Net Interest Margin (quarter, annualized)

2.44%-18 bps YoY

Efficiency Ratio (quarter, annualized)

98.66%+8 bps YoY

Tier 1 Leverage Ratio

8.93%-10 bps YoY

NIM

3.10%Q2 ’142.95%Q2 ’152.74%Q2 ’16+1%-7%

Non-interest income vs. expense

3.26%Q2 ’143.20%Q2 ’153.01%Q2 ’16-7%-7%

Discrete quarter, annualized.

MetricQ3 2014Q4 2014Q1 2015Q2 2015Q3 2015Q4 2015Q1 2016Q2 2016YoY ΔTrend
Earnings
Return on Assets0.02%10.59%0.34%10.22%10.18%0.50%0.32%0.18%-4 bps
Return on Equity0.18%5.82%3.32%2.15%1.83%4.87%3.03%1.66%-49 bps
Net Interest Margin2.51%2.51%2.45%2.62%2.57%2.55%2.46%2.44%-18 bps
Efficiency Ratio110.00%85.73%108.24%98.58%94.39%81.96%91.35%98.66%+8 bps
Non-Interest Burden2.90%2.08%2.73%2.61%2.43%2.02%2.21%2.42%-18 bps
Growth
Asset Growth (YoY)39.09%44.67%32.00%31.62%0.83%-2.55%4.18%0.68%-3,095 bps
Loan Growth (YoY)3.39%5.86%9.16%14.96%15.48%12.53%8.65%0.53%-1,442 bps
Deposit Growth (YoY)36.04%35.09%31.55%36.36%1.73%3.64%4.61%1.41%-3,495 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.07%0.20%0.17%0.06%0.13%0.01%0.15%-0.03%-10 bps
Allowance / Loans1.61%1.54%1.53%1.47%1.46%1.45%1.44%1.47%-1 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/a9.04%9.03%9.15%9.34%9.13%8.93%-10 bps
Total Risk-Based Capital19.20%16.95%24.55%23.02%23.24%23.56%23.72%24.71%+169 bps
Equity / Assets10.07%10.16%10.64%9.85%10.36%10.29%10.58%10.93%+109 bps
Liquidity & Funding
Loans / Deposits31.53%33.40%33.11%34.61%35.79%36.27%34.39%34.31%-30 bps
Liquid Assets / Assets3.14%0.56%1.49%0.58%0.68%1.41%5.58%2.49%+191 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a