Hagerstown, MD · Cert 9694
FDIC
Q3 2008
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.58% | 1.19% | 0.62% | 1.31% | 1.28% | 0.81% | 1.10% | -0.10% | -141 bps | |
| Return on Equity | 17.59% | 13.04% | 6.91% | 14.86% | 14.83% | 9.57% | 13.16% | -1.28% | -1,614 bps | |
| Net Interest Margin | 3.34% | 3.20% | 3.21% | 3.33% | 3.33% | 3.29% | 3.31% | 3.18% | -15 bps | |
| Efficiency Ratio | 49.34% | 57.31% | 58.67% | 57.00% | 57.22% | 53.94% | 49.89% | 57.46% | +47 bps | |
| Non-Interest Burden | 0.98% | 1.47% | 1.56% | 1.57% | 1.58% | 1.45% | 1.28% | 1.68% | +11 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.12% | 2.57% | 1.65% | 8.89% | 12.56% | 12.21% | 11.95% | 15.57% | +669 bps | |
| Loan Growth (YoY) | -1.33% | -1.01% | -0.94% | 7.69% | 14.13% | 16.63% | 16.68% | 23.40% | +1,571 bps | |
| Deposit Growth (YoY) | -1.83% | 0.81% | -0.15% | 1.56% | 8.24% | 7.62% | 7.72% | 8.43% | +687 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 | -0.01% | 0.15% | 0.01% | 0.19% | 0.23% | 0.04% | 0.49% | 0.10% | -9 bps | |
| Allowance / Loans | 0.75% | 0.77% | 0.78% | 0.74% | 0.71% | 0.93% | 0.94% | 1.10% | +36 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 | 11.41% | 11.35% | 10.96% | 10.77% | 10.71% | 11.19% | 10.94% | 10.48% | -30 bps | |
| Equity / Assets | 9.01% | 9.17% | 8.92% | 8.74% | 8.52% | 8.51% | 8.16% | 7.44% | -130 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 97.61% | 94.00% | 96.44% | 99.45% | 102.92% | 101.86% | 104.46% | 113.18% | +1,373 bps | |
| Liquid Assets / Assets | 0.24% | 0.31% | 0.53% | 0.31% | 0.25% | 0.33% | 0.49% | 0.33% | +2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |