Bel Air, MD · Cert 809
FDIC
Q2 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2004, the quarter ended June 30, 2004, 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.
Bel Air, MD · Cert 809
FDIC
Q2 2004
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 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.96% | 1.98% | 1.92% | 1.89% | 1.94% | 1.92% | 1.84% | 1.86% | -3 bps | |
| Return on Equity | 18.59% | 18.76% | 18.17% | 18.10% | 19.30% | 19.59% | 20.64% | 21.27% | +317 bps | |
| Net Interest Margin | 4.79% | 4.74% | 4.92% | 4.80% | 4.61% | 4.52% | 4.54% | 4.47% | -33 bps | |
| Efficiency Ratio | 41.28% | 42.01% | 42.02% | 42.29% | 41.47% | 41.68% | 41.63% | 41.36% | -93 bps | |
| Non-Interest Burden | 1.63% | 1.65% | 1.75% | 1.72% | 1.61% | 1.59% | 1.58% | 1.52% | -19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.33% | 8.84% | 9.44% | 9.35% | 11.11% | 12.07% | 11.53% | 9.74% | +40 bps | |
| Loan Growth (YoY) | 4.93% | 4.01% | 9.15% | 11.17% | 14.96% | 13.41% | 10.25% | 8.12% | -306 bps | |
| Deposit Growth (YoY) | 12.77% | 11.49% | 10.39% | 8.71% | 8.08% | 7.16% | 10.00% | 8.52% | -19 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 | 0.00% | 0.05% | 0.19% | 0.18% | 0.17% | 0.20% | 0.09% | 0.11% | -7 bps | |
| Allowance / Loans | 1.88% | 1.80% | 1.71% | 1.65% | 1.55% | 1.50% | 1.46% | 1.41% | -24 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 | 14.71% | 14.61% | 14.15% | 13.87% | 16.78% | 16.79% | 16.73% | 16.32% | +245 bps | |
| Equity / Assets | 10.53% | 10.63% | 10.49% | 10.21% | 8.94% | 8.88% | 8.90% | 8.49% | -172 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 96.99% | 95.56% | 99.07% | 99.66% | 103.17% | 101.13% | 99.30% | 99.29% | -37 bps | |
| Liquid Assets / Assets | 0.22% | 0.25% | 0.24% | 0.25% | 0.21% | 0.20% | 0.27% | 0.35% | +11 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |