PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First National Bank of Canton, The

Canton, PA · Cert 7422

FDIC

Q1 2009

$79.6MAssets
$60.4MLoans
$71.8MDeposits
$7.4MEquity
Loan mix
74%RE $39.4M26%C&I $14.0M0%Consumer $0.1MQ2 2007Q1 2009
Deposit mix
92%Interest-bearing $65.7M8%Noninterest $6.1MQ2 2007Q1 2009

Executive Summary

  • Earnings: ROA of -0.99%, down 121 bps year over year; NIM at 2.95%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.06%.
  • Funding: loans stand at 84.19% of deposits as of Q1 2009.

Return on Assets (YTD, annualized)

-0.99%-121 bps YoY

Net Interest Margin (YTD, annualized)

2.95%+2 bps YoY

Efficiency Ratio (YTD, annualized)

125.11%+3,706 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

6.34%Q1 ’076.02%Q1 ’085.31%Q1 ’09-9%+1%

Non-interest income vs. expense

2.74%Q1 ’072.94%Q1 ’084.25%Q1 ’09+9%+50%

Year to date, annualized, through each quarter.

MetricQ2 2007Q3 2007Q4 2007Q1 2008Q2 2008Q3 2008Q4 2008Q1 2009YoY ΔTrend
Earnings
Return on Assets0.56%0.48%0.46%0.22%0.03%-0.31%-0.06%-0.99%-121 bps
Return on Equity6.11%5.20%4.92%2.40%0.31%-3.35%-0.60%-10.58%-1,297 bps
Net Interest Margin3.20%3.15%3.33%2.93%2.69%2.84%2.89%2.95%+2 bps
Efficiency Ratio75.13%77.70%76.09%88.05%94.52%91.81%91.60%125.11%+3,706 bps
Non-Interest Burden2.29%2.34%2.41%2.53%2.52%2.57%2.60%3.80%+127 bps
Growth
Asset Growth (YoY)7.44%1.45%0.09%1.12%-6.09%1.18%-3.81%-6.87%-799 bps
Loan Growth (YoY)0.61%0.77%0.23%-1.65%-1.46%-0.52%-0.24%-2.20%-55 bps
Deposit Growth (YoY)11.40%6.01%2.95%4.65%2.93%12.20%13.65%9.33%+468 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 / Loans-0.03%-0.01%0.07%0.43%0.49%0.37%0.30%0.06%-37 bps
Allowance / Loans1.16%1.20%1.34%1.29%1.19%1.63%1.62%1.70%+41 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital14.46%14.90%14.93%14.33%14.13%13.82%14.02%14.00%-33 bps
Equity / Assets9.02%9.64%9.46%9.12%9.40%8.91%9.45%9.28%+16 bps
Liquidity & Funding
Loans / Deposits97.40%101.29%97.99%94.11%93.25%89.81%86.01%84.19%-992 bps
Liquid Assets / Assets9.25%7.02%8.38%12.34%6.18%9.52%9.38%11.04%-130 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a