Elkton, MD · Cert 9700
FDIC
Q2 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2009, the quarter ended June 30, 2009, 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.
Elkton, MD · Cert 9700
FDIC
Q2 2009
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 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.30% | 1.37% | 1.73% | 1.62% | 1.86% | 1.79% | 1.61% | 1.48% | -14 bps | |
| Return on Equity | 21.88% | 23.07% | 28.17% | 26.13% | 29.78% | 28.81% | 25.98% | 23.50% | -263 bps | |
| Net Interest Margin | 3.38% | 3.34% | 3.45% | 3.69% | 3.59% | 3.54% | 3.23% | 3.15% | -54 bps | |
| Efficiency Ratio | 58.96% | 58.52% | 55.91% | 55.05% | 51.31% | 49.98% | 49.27% | 52.14% | -292 bps | |
| Non-Interest Burden | 1.47% | 1.41% | 1.35% | 1.37% | 1.17% | 1.13% | 1.01% | 1.11% | -26 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.07% | 11.11% | 5.69% | 4.42% | 9.05% | 12.94% | 20.55% | 21.05% | +1,664 bps | |
| Loan Growth (YoY) | -5.22% | -0.50% | 1.57% | 6.78% | 6.64% | 7.07% | 7.64% | 6.21% | -57 bps | |
| Deposit Growth (YoY) | 6.57% | -1.38% | -5.62% | 3.94% | 12.51% | 30.58% | 35.96% | 22.10% | +1,815 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 | 0.06% | 0.08% | 0.10% | 0.10% | 0.08% | 0.08% | 0.05% | 0.09% | -1 bps | |
| Allowance / Loans | 2.14% | 1.87% | 1.87% | 1.83% | 1.77% | 1.71% | 1.70% | 1.66% | -17 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 | 11.21% | 11.15% | 11.44% | 11.43% | 11.21% | 11.03% | 11.29% | 11.63% | +19 bps | |
| Equity / Assets | 5.81% | 5.87% | 6.45% | 6.25% | 6.35% | 6.18% | 6.25% | 6.45% | +19 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 72.68% | 79.18% | 77.49% | 70.48% | 68.88% | 64.93% | 61.35% | 61.31% | -917 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% | 0.00% | 0.02% | +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 |