PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

National City Bank of Pennsylvania

Pittsburgh, PA · Cert 7948

FDIC

Q2 2006

$15.1BAssets
$10.3BLoans
$12.8BDeposits
$825.2MEquity
Loan mix
81%RE $8.3B18%C&I $1.9B1%Consumer $0.1BQ2 2005Q2 2006
Deposit mix
79%Interest-bearing $10.2B21%Noninterest $2.6BQ2 2005Q2 2006

NIM

2.89%Q2 ’044.66%Q2 ’054.98%Q2 ’06+116%-9%

Non-interest income vs. expense

2.21%Q2 ’042.26%Q2 ’051.65%Q2 ’06+49%-65%

Executive Summary

  • Earnings: ROA of 1.49%, up 3 bps year over year; NIM at 2.58%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.28%.
  • Funding: loans stand at 80.75% of deposits as of Q2 2006.

Financial Results

Return on Assets (YTD, annualized)

1.49%+3 bps YoY

Net Interest Margin (YTD, annualized)

2.58%-26 bps YoY

Efficiency Ratio (YTD, annualized)

43.16%-1,409 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2005Q3 2005Q4 2005Q1 2006Q2 2006YoY ΔTrend
Earnings
Return on Assets1.46%1.38%1.34%1.07%1.49%+3 bps
Return on Equity26.33%24.91%24.01%19.23%26.94%+61 bps
Net Interest Margin2.84%2.67%2.66%2.66%2.58%-26 bps
Efficiency Ratio57.26%56.22%53.30%56.52%43.16%-1,409 bps
Non-Interest Burden1.15%1.03%0.89%1.01%0.40%-75 bps
Growth
Asset Growth (YoY)10.07%2.44%6.39%5.99%-4.18%-1,425 bps
Loan Growth (YoY)227%195.52%-2.45%-4.33%-26.73%-25,351 bps
Deposit Growth (YoY)0.59%2.42%5.92%9.01%9.42%+883 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.05%0.07%0.13%0.22%0.28%+22 bps
Allowance / Loansn/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital11.62%11.98%12.22%12.17%12.18%+55 bps
Equity / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits120.60%110.26%98.57%89.33%80.75%-3,984 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a