PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Forest Hill State Bank, The

Bel Air, MD · Cert 809

FDIC

Q2 2004

$392.9MAssets
$304.5MLoans
$306.7MDeposits
$33.4MEquity
Loan mix
73%RE $92.1M27%C&I $34.5M0%Consumer $0.4MQ3 2002Q2 2004
Deposit mix
68%Interest-bearing $210.0M32%Noninterest $96.7MQ3 2002Q2 2004

Executive Summary

  • Earnings: ROA of 1.89%, up 2 bps year over year; NIM at 4.51%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.13%.
  • Funding: loans stand at 99.29% of deposits as of Q2 2004.

Return on Assets (quarter, annualized)

1.89%+2 bps YoY

Net Interest Margin (quarter, annualized)

4.51%-31 bps YoY

Efficiency Ratio (quarter, annualized)

41.10%-146 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

6.53%Q2 ’025.88%Q2 ’035.33%Q2 ’04-3%-6%

Non-interest income vs. expense

2.27%Q2 ’022.29%Q2 ’032.10%Q2 ’04+4%-13%

Discrete quarter, annualized.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets1.92%2.03%1.92%1.87%2.04%1.85%1.84%1.89%+2 bps
Return on Equity18.32%19.16%18.17%18.03%21.31%20.80%20.64%21.73%+370 bps
Net Interest Margin4.82%4.85%4.92%4.83%4.75%4.61%4.54%4.51%-31 bps
Efficiency Ratio41.63%44.14%42.02%42.56%39.91%42.28%41.63%41.10%-146 bps
Non-Interest Burden1.66%1.79%1.75%1.74%1.56%1.66%1.58%1.51%-23 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 / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.01%0.21%0.19%0.17%0.16%0.30%0.09%0.13%-4 bps
Allowance / Loans1.88%1.80%1.71%1.65%1.55%1.50%1.46%1.41%-24 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 Capital14.71%14.61%14.15%13.87%16.78%16.79%16.73%16.32%+245 bps
Equity / Assets10.53%10.63%10.49%10.21%8.94%8.88%8.90%8.49%-172 bps
Liquidity & Funding
Loans / Deposits96.99%95.56%99.07%99.66%103.17%101.13%99.30%99.29%-37 bps
Liquid Assets / Assets0.22%0.25%0.24%0.25%0.21%0.20%0.27%0.35%+11 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a