West Chester, PA · Cert 7802
FDIC
Q3 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2010, the quarter ended September 30, 2010, 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.
West Chester, PA · Cert 7802
FDIC
Q3 2010
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 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.64% | 1.09% | 0.59% | -0.01% | -1.89% | -0.33% | 0.03% | 0.06% | +7 bps | |
| Return on Equity | 8.04% | 13.96% | 7.72% | -0.16% | -24.72% | -4.34% | 0.40% | 0.70% | +86 bps | |
| Net Interest Margin | 3.35% | 3.11% | 3.20% | 3.42% | 3.49% | 3.01% | 3.35% | 3.60% | +18 bps | |
| Efficiency Ratio | 77.57% | 73.81% | 77.46% | 79.69% | 91.79% | 102.77% | 97.01% | 95.69% | +1,600 bps | |
| Non-Interest Burden | 2.39% | 1.08% | 1.40% | 1.75% | 2.82% | 3.20% | 3.11% | 3.24% | +149 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 42.37% | 33.09% | 48.78% | 30.86% | 6.01% | -3.26% | -19.48% | -13.19% | -4,405 bps | |
| Loan Growth (YoY) | 38.68% | 50.31% | 64.18% | 41.95% | 7.14% | -12.47% | -19.91% | -13.68% | -5,563 bps | |
| Deposit Growth (YoY) | 43.68% | 38.21% | 38.77% | 28.94% | 9.52% | 2.25% | -2.42% | -1.59% | -3,053 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 | 0.05% | 0.11% | 0.17% | 0.49% | 1.88% | 0.44% | 0.44% | 0.28% | -21 bps | |
| Allowance / Loans | 1.00% | 1.00% | 1.20% | 2.05% | 2.10% | 2.27% | 2.08% | 2.23% | +18 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 | 10.42% | 10.80% | 10.45% | 10.63% | 11.74% | 12.48% | 12.54% | 12.99% | +235 bps | |
| Equity / Assets | 7.79% | 7.79% | 7.43% | 7.95% | 7.30% | 7.73% | 8.69% | 8.97% | +103 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.48% | 107.39% | 127.02% | 116.42% | 99.28% | 91.93% | 104.26% | 102.12% | -1,430 bps | |
| Liquid Assets / Assets | 5.04% | 2.83% | 0.34% | 0.11% | 9.02% | 14.68% | 2.03% | 3.39% | +328 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |