Citizens National Bank of Meyersdale, The

Meyersdale, PA · Cert 7919

FDIC · 2 branches

Q4 2015

$89.0MAssets

$58.6MLoans

$73.6MDeposits

$6.3MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of -1.18%, up 20 bps year over year; NIM at 2.46%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.

Return on Assets (quarter, annualized)

-1.18%+20 bps YoY

Net Interest Margin (quarter, annualized)

2.46%+16 bps YoY

Efficiency Ratio (quarter, annualized)

174.10%-2,814 bps YoY

Tier 1 Leverage Ratio

8.01%

Discrete quarter, annualized.

Metric	Q4 2014	Q1 2015	Q2 2015	Q3 2015	Q4 2015	YoY Δ	Trend
Earnings
Return on Assets	-1.38%	0.13%	0.22%	0.25%	-1.18%	+20 bps
Return on Equity	-15.08%	1.40%	2.56%	3.10%	-15.86%	-78 bps
Net Interest Margin	2.30%	2.37%	2.40%	2.25%	2.46%	+16 bps
Efficiency Ratio	202%	119.51%	94.87%	87.25%	174.10%	-2,814 bps
Non-Interest Burden	5.02%	2.90%	2.25%	1.92%	4.29%	-73 bps
Growth
Asset Growth (YoY)	-9.61%	-9.37%	-10.86%	11.31%	23.27%	+3,289 bps
Loan Growth (YoY)	18.88%	19.87%	-3.37%	24.90%	24.01%	+513 bps
Deposit Growth (YoY)	-10.31%	-12.10%	-2.53%	0.49%	12.95%	+2,326 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	-0.01%	-0.02%	-0.02%	0.01%	0.00%	+1 bps
Allowance / Loans	1.41%	1.23%	1.25%	0.99%	0.97%	-44 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	10.13%	10.01%	9.10%	8.01%	n/a
Total Risk-Based Capital	20.17%	20.49%	19.67%	17.68%	16.12%	-405 bps
Equity / Assets	9.02%	9.20%	8.34%	7.85%	7.06%	-196 bps
Liquidity & Funding
Loans / Deposits	72.44%	72.23%	64.24%	82.56%	79.53%	+710 bps
Liquid Assets / Assets	2.05%	1.29%	8.46%	2.80%	5.62%	+357 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a