PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Peoples Bank of Maryland, The

Denton, MD · Cert 9693

FDIC

Q2 2004

$109.8MAssets
$82.8MLoans
$90.5MDeposits
$10.7MEquity
Loan mix
75%RE $41.5M24%C&I $13.5M1%Consumer $0.3MQ2 2003Q2 2004
Deposit mix
71%Interest-bearing $63.8M29%Noninterest $26.6MQ2 2003Q2 2004

NIM

6.50%Q2 ’025.92%Q2 ’035.40%Q2 ’04-4%-6%

Non-interest income vs. expense

2.85%Q2 ’022.73%Q2 ’032.72%Q2 ’04-6%-6%

Executive Summary

  • Earnings: ROA of 1.84%, unchanged from a year ago; NIM at 4.49%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.26%.
  • Funding: loans stand at 91.53% of deposits as of Q2 2004.

Financial Results

Return on Assets (quarter, annualized)

1.84%0 bps YoY

Net Interest Margin (quarter, annualized)

4.49%-30 bps YoY

Efficiency Ratio (quarter, annualized)

49.41%+153 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets1.84%1.74%2.08%1.88%1.84%0 bps
Return on Equity15.98%16.50%21.29%18.79%18.66%+268 bps
Net Interest Margin4.79%4.65%4.56%4.48%4.49%-30 bps
Efficiency Ratio47.89%48.73%49.93%47.43%49.41%+153 bps
Non-Interest Burden1.81%1.82%1.79%1.46%1.70%-12 bps
Growth
Asset Growth (YoY)5.96%8.30%0.53%-0.71%-0.04%-600 bps
Loan Growth (YoY)6.85%8.05%12.50%11.32%11.18%+433 bps
Deposit Growth (YoY)3.86%6.81%4.42%4.54%1.70%-215 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.28%0.09%0.04%0.05%0.26%-2 bps
Allowance / Loans2.04%1.95%1.69%1.64%1.55%-49 bps
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 Capital19.32%18.85%18.74%18.66%18.26%-106 bps
Equity / Assets11.61%9.53%10.04%9.96%9.75%-186 bps
Liquidity & Funding
Loans / Deposits83.72%87.30%90.08%88.30%91.53%+780 bps
Liquid Assets / Assets0.26%0.26%0.27%0.52%0.84%+58 bps
CRE / Total Capitaln/an/an/an/an/an/an/a