Home > Erie State Bank > Performance and Condition Ratios
Erie State Bank, Performance and Condition Ratios
| 2010-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.3425% | 6,713 |
| Cost of funding earning assets | 1.3636% | 3,492 |
| Net interest margin | 2.9789% | 6,774 |
| Noninterest income to average assets | 0.2440% | 6,052 |
| Noninterest expense to average assets | 2.7163% | 4,922 |
| Loan and lease loss provision to assets | 0.0000% | 7,042 |
| Net operating income to assets | 0.3036% | 4,925 |
| Return on assets (ROA) | 0.3036% | 5,098 |
| Pretax return on assets | 0.2874% | 5,265 |
| Return on Equity (ROE) | 2.5344% | 5,164 |
| Retained earnings to average equity (ytd only) | 2.5344% | 4,098 |
| Net charge-offs to loans | 0.0000% | 6,850 |
| Credit loss provision to net charge-offs | NA | NA |
| Earnings coverage of net charge-offs (x) | NA | NA |
| Efficiency ratio | 90.4332% | 1,289 |
| Assets per employee ($millions) | 3.6538% | 4,571 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,950 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.2555% | 5,225 |
| Loan loss allowance to noncurrent loans | NA | NA |
| Noncurrent assets plus other real estate owned to assets | 0.0000% | 7,281 |
| Noncurrent loans to loans | 0.0000% | 7,175 |
| Net loans and leases to total assets | 68.8817% | 2,776 |
| Net loans and leases to deposits | 78.6844% | 3,394 |
| Net loans and leases to core deposits | 80.4398% | 4,147 |
| Total domestic deposits to total assets | 87.5417% | 2,523 |
| Equity capital to assets | 12.2338% | 1,774 |
| Core capital (leverage) ratio | 12.3358% | 1,377 |
| Tier 1 risk-based capital ratio | 22.0850% | 1,165 |
| Total risk-based capital ratio | 23.2806% | 1,138 |
| Memoranda: | ||
| Average total assets | $18,444,400 | 7,502 |
| Average earning assets | $17,087,000 | 7,473 |
| Average equity | $2,209,600 | 7,464 |
| Average total loans | $11,907,800 | 7,311 |
| 2010-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.4012% | 6,816 |
| Cost of funding earning assets | 1.4880% | 3,049 |
| Net interest margin | 2.9133% | 6,988 |
| Noninterest income to average assets | 0.1731% | 6,640 |
| Noninterest expense to average assets | 2.6250% | 5,218 |
| Loan and lease loss provision to assets | 0.0000% | 6,977 |
| Net operating income to assets | 0.2524% | 5,341 |
| Return on assets (ROA) | 0.2524% | 5,499 |
| Pretax return on assets | 0.2308% | 5,662 |
| Return on Equity (ROE) | 2.1182% | 5,571 |
| Retained earnings to average equity (ytd only) | 2.1182% | 4,908 |
| Net charge-offs to loans | 0.0000% | 6,671 |
| Credit loss provision to net charge-offs | NA | NA |
| Earnings coverage of net charge-offs (x) | NA | NA |
| Efficiency ratio | 91.9192% | 1,132 |
| Assets per employee ($millions) | 3.5094% | 4,958 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,526 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.3603% | 4,666 |
| Loan loss allowance to noncurrent loans | NA | NA |
| Noncurrent assets plus other real estate owned to assets | 0.0000% | 7,384 |
| Noncurrent loans to loans | 0.0000% | 7,276 |
| Net loans and leases to total assets | 66.1196% | 3,660 |
| Net loans and leases to deposits | 75.8499% | 4,200 |
| Net loans and leases to core deposits | 77.6157% | 4,850 |
| Total domestic deposits to total assets | 87.1716% | 2,433 |
| Equity capital to assets | 12.6175% | 1,798 |
| Core capital (leverage) ratio | 11.9682% | 1,684 |
| Tier 1 risk-based capital ratio | 22.4203% | 1,148 |
| Total risk-based capital ratio | 23.6759% | 1,117 |
| Memoranda: | ||
| Average total assets | $18,488,250 | 7,600 |
| Average earning assets | $17,025,000 | 7,568 |
| Average equity | $2,203,250 | 7,566 |
| Average total loans | $11,698,750 | 7,418 |
| 2010-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.4738% | 6,762 |
| Cost of funding earning assets | 1.5105% | 3,199 |
| Net interest margin | 2.9633% | 6,915 |
| Noninterest income to average assets | 0.1915% | 6,527 |
| Noninterest expense to average assets | 2.6061% | 5,303 |
| Loan and lease loss provision to assets | 0.0000% | 6,857 |
| Net operating income to assets | 0.3510% | 4,969 |
| Return on assets (ROA) | 0.3510% | 5,133 |
| Pretax return on assets | 0.3191% | 5,453 |
| Return on Equity (ROE) | 3.0005% | 5,231 |
| Retained earnings to average equity (ytd only) | 3.0005% | 4,213 |
| Net charge-offs to loans | 0.0000% | 6,371 |
| Credit loss provision to net charge-offs | NA | NA |
| Earnings coverage of net charge-offs (x) | NA | NA |
| Efficiency ratio | 89.0909% | 1,405 |
| Assets per employee ($millions) | 3.7112% | 4,441 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,319 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.4684% | 4,072 |
| Loan loss allowance to noncurrent loans | NA | NA |
| Noncurrent assets plus other real estate owned to assets | 0.0000% | 7,438 |
| Noncurrent loans to loans | 0.0000% | 7,347 |
| Net loans and leases to total assets | 57.8573% | 5,439 |
| Net loans and leases to deposits | 70.1745% | 5,250 |
| Net loans and leases to core deposits | 71.8031% | 5,695 |
| Total domestic deposits to total assets | 82.4477% | 4,802 |
| Equity capital to assets | 11.9207% | 2,144 |
| Core capital (leverage) ratio | 11.6722% | 1,825 |
| Tier 1 risk-based capital ratio | 24.0200% | 940 |
| Total risk-based capital ratio | 25.2796% | 923 |
| Memoranda: | ||
| Average total assets | $18,802,000 | 7,656 |
| Average earning assets | $17,345,330 | 7,631 |
| Average equity | $2,199,670 | 7,627 |
| Average total loans | $11,677,670 | 7,473 |
| 2010-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.7594% | 6,040 |
| Cost of funding earning assets | 1.6020% | 2,949 |
| Net interest margin | 3.1575% | 6,427 |
| Noninterest income to average assets | 0.2325% | 6,297 |
| Noninterest expense to average assets | 2.5575% | 5,525 |
| Loan and lease loss provision to assets | 0.0000% | 6,552 |
| Net operating income to assets | 0.6129% | 3,845 |
| Return on assets (ROA) | 0.6129% | 3,989 |
| Pretax return on assets | 0.5495% | 4,785 |
| Return on Equity (ROE) | 5.2884% | 4,216 |
| Retained earnings to average equity (ytd only) | 5.2884% | 2,990 |
| Net charge-offs to loans | 0.0000% | 5,609 |
| Credit loss provision to net charge-offs | NA | NA |
| Earnings coverage of net charge-offs (x) | NA | NA |
| Efficiency ratio | 82.3129% | 2,239 |
| Assets per employee ($millions) | 3.7866% | 4,345 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,528 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.3512% | 4,673 |
| Loan loss allowance to noncurrent loans | 228.5714% | 1,264 |
| Noncurrent assets plus other real estate owned to assets | 0.3697% | 6,552 |
| Noncurrent loans to loans | 0.5912% | 6,129 |
| Net loans and leases to total assets | 61.6965% | 4,815 |
| Net loans and leases to deposits | 74.4914% | 4,670 |
| Net loans and leases to core deposits | 76.1672% | 5,237 |
| Total domestic deposits to total assets | 82.8236% | 4,707 |
| Equity capital to assets | 11.6622% | 2,259 |
| Core capital (leverage) ratio | 11.7291% | 1,787 |
| Tier 1 risk-based capital ratio | 22.2110% | 1,174 |
| Total risk-based capital ratio | 23.4685% | 1,150 |
| Memoranda: | ||
| Average total assets | $18,925,000 | 7,748 |
| Average earning assets | $17,229,000 | 7,725 |
| Average equity | $2,193,500 | 7,715 |
| Average total loans | $12,068,500 | 7,543 |
| 2009-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 3.8045% | 7,759 |
| Cost of funding earning assets | 2.0677% | 2,644 |
| Net interest margin | 1.7368% | 7,824 |
| Noninterest income to average assets | 0.2169% | 6,559 |
| Noninterest expense to average assets | 2.6953% | 5,418 |
| Loan and lease loss provision to assets | 0.0000% | 7,427 |
| Net operating income to assets | -0.8520% | 6,473 |
| Return on assets (ROA) | -0.8520% | 6,473 |
| Pretax return on assets | -0.8520% | 6,307 |
| Return on Equity (ROE) | -7.2559% | 6,406 |
| Retained earnings to average equity (ytd only) | -7.2559% | 6,268 |
| Net charge-offs to loans | 0.0302% | 6,824 |
| Credit loss provision to net charge-offs | 0.0000% | 7,003 |
| Earnings coverage of net charge-offs (x) | -55.0000% | 7,214 |
| Efficiency ratio | 146.2185% | 344 |
| Assets per employee ($millions) | 3.7834% | 4,312 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,015 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.3012% | 4,759 |
| Loan loss allowance to noncurrent loans | 65.3061% | 4,128 |
| Noncurrent assets plus other real estate owned to assets | 1.2951% | 4,492 |
| Noncurrent loans to loans | 1.9925% | 3,658 |
| Net loans and leases to total assets | 64.1539% | 4,571 |
| Net loans and leases to deposits | 77.3585% | 4,492 |
| Net loans and leases to core deposits | 86.6548% | 5,456 |
| Total domestic deposits to total assets | 82.9307% | 4,551 |
| Equity capital to assets | 11.5187% | 2,304 |
| Core capital (leverage) ratio | 11.3667% | 1,997 |
| Tier 1 risk-based capital ratio | 20.9600% | 1,302 |
| Total risk-based capital ratio | 22.2105% | 1,271 |
| Memoranda: | ||
| Average total assets | $19,366,800 | 7,791 |
| Average earning assets | $18,136,400 | 7,756 |
| Average equity | $2,274,000 | 7,780 |
| Average total loans | $9,950,200 | 7,711 |
| 2009-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 3.7394% | 7,882 |
| Cost of funding earning assets | 2.1306% | 2,744 |
| Net interest margin | 1.6088% | 7,928 |
| Noninterest income to average assets | 0.2122% | 6,713 |
| Noninterest expense to average assets | 2.3477% | 6,564 |
| Loan and lease loss provision to assets | 0.0000% | 7,284 |
| Net operating income to assets | -0.6160% | 6,532 |
| Return on assets (ROA) | -0.6160% | 6,541 |
| Pretax return on assets | -0.6160% | 6,408 |
| Return on Equity (ROE) | -5.2225% | 6,476 |
| Retained earnings to average equity (ytd only) | -5.2225% | 6,284 |
| Net charge-offs to loans | 0.0142% | 6,717 |
| Credit loss provision to net charge-offs | 0.0000% | 6,657 |
| Earnings coverage of net charge-offs (x) | -90.2256% | 6,972 |
| Efficiency ratio | 135.5731% | 418 |
| Assets per employee ($millions) | 3.7958% | 4,197 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,688 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.9019% | 2,026 |
| Loan loss allowance to noncurrent loans | 65.5870% | 4,040 |
| Noncurrent assets plus other real estate owned to assets | 1.3014% | 4,481 |
| Noncurrent loans to loans | 2.8997% | 2,626 |
| Net loans and leases to total assets | 44.0276% | 7,245 |
| Net loans and leases to deposits | 53.3282% | 7,245 |
| Net loans and leases to core deposits | 60.1584% | 7,391 |
| Total domestic deposits to total assets | 82.5597% | 4,415 |
| Equity capital to assets | 11.8763% | 2,308 |
| Core capital (leverage) ratio | 11.6818% | 1,974 |
| Tier 1 risk-based capital ratio | 25.6983% | 839 |
| Total risk-based capital ratio | 26.9525% | 820 |
| Memoranda: | ||
| Average total assets | $19,479,250 | 7,863 |
| Average earning assets | $18,398,250 | 7,825 |
| Average equity | $2,297,750 | 7,845 |
| Average total loans | $9,363,750 | 7,805 |
| 2009-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 3.8005% | 7,968 |
| Cost of funding earning assets | 2.1794% | 2,888 |
| Net interest margin | 1.6211% | 7,981 |
| Noninterest income to average assets | 0.2138% | 6,772 |
| Noninterest expense to average assets | 2.4534% | 6,285 |
| Loan and lease loss provision to assets | 0.0000% | 7,158 |
| Net operating income to assets | -0.7024% | 6,753 |
| Return on assets (ROA) | -0.7024% | 6,755 |
| Pretax return on assets | -0.7024% | 6,604 |
| Return on Equity (ROE) | -5.9680% | 6,705 |
| Retained earnings to average equity (ytd only) | -5.9680% | 6,443 |
| Net charge-offs to loans | 0.0207% | 6,219 |
| Credit loss provision to net charge-offs | 0.0000% | 6,237 |
| Earnings coverage of net charge-offs (x) | -69.0000% | 6,606 |
| Efficiency ratio | 140.1163% | 429 |
| Assets per employee ($millions) | 3.9048% | 3,862 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,532 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.7976% | 2,051 |
| Loan loss allowance to noncurrent loans | 34.6895% | 6,133 |
| Noncurrent assets plus other real estate owned to assets | 2.3919% | 2,716 |
| Noncurrent loans to loans | 5.1820% | 1,160 |
| Net loans and leases to total assets | 45.3288% | 7,240 |
| Net loans and leases to deposits | 54.6634% | 7,237 |
| Net loans and leases to core deposits | 60.9504% | 7,416 |
| Total domestic deposits to total assets | 82.9236% | 4,276 |
| Equity capital to assets | 11.6523% | 2,420 |
| Core capital (leverage) ratio | 11.2886% | 2,206 |
| Tier 1 risk-based capital ratio | 24.5840% | 975 |
| Total risk-based capital ratio | 25.8375% | 963 |
| Memoranda: | ||
| Average total assets | $19,646,000 | 7,939 |
| Average earning assets | $18,629,000 | 7,892 |
| Average equity | $2,312,330 | 7,923 |
| Average total loans | $9,645,670 | 7,877 |
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 3.9440% | 8,006 |
| Cost of funding earning assets | 2.1959% | 3,185 |
| Net interest margin | 1.7482% | 7,993 |
| Noninterest income to average assets | 0.2436% | 6,509 |
| Noninterest expense to average assets | 2.4357% | 6,070 |
| Loan and lease loss provision to assets | 0.0000% | 6,744 |
| Net operating income to assets | -0.5277% | 6,901 |
| Return on assets (ROA) | -0.5277% | 6,953 |
| Pretax return on assets | -0.5277% | 6,841 |
| Return on Equity (ROE) | -4.4616% | 6,935 |
| Retained earnings to average equity (ytd only) | -4.4616% | 6,484 |
| Net charge-offs to loans | 0.0402% | 4,929 |
| Credit loss provision to net charge-offs | 0.0000% | 5,248 |
| Earnings coverage of net charge-offs (x) | -26.0000% | 5,677 |
| Efficiency ratio | 127.6596% | 529 |
| Assets per employee ($millions) | 3.9868% | 3,687 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,832 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.6615% | 2,265 |
| Loan loss allowance to noncurrent loans | 53.6424% | 4,979 |
| Noncurrent assets plus other real estate owned to assets | 1.5150% | 3,660 |
| Noncurrent loans to loans | 3.0974% | 2,088 |
| Net loans and leases to total assets | 48.0987% | 7,015 |
| Net loans and leases to deposits | 57.9125% | 7,046 |
| Net loans and leases to core deposits | 65.9922% | 7,240 |
| Total domestic deposits to total assets | 83.0541% | 4,120 |
| Equity capital to assets | 11.6284% | 2,497 |
| Core capital (leverage) ratio | 11.6173% | 2,084 |
| Tier 1 risk-based capital ratio | 23.9488% | 1,089 |
| Total risk-based capital ratio | 25.1989% | 1,062 |
| Memoranda: | ||
| Average total assets | $19,707,000 | 7,988 |
| Average earning assets | $18,762,500 | 7,935 |
| Average equity | $2,331,000 | 7,973 |
| Average total loans | $9,962,500 | 7,911 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.9264% | 7,881 |
| Cost of funding earning assets | 2.6238% | 3,563 |
| Net interest margin | 2.3025% | 7,909 |
| Noninterest income to average assets | 0.2059% | 6,973 |
| Noninterest expense to average assets | 2.2654% | 6,803 |
| Loan and lease loss provision to assets | 0.0000% | 7,334 |
| Net operating income to assets | 0.0904% | 6,134 |
| Return on assets (ROA) | 0.0904% | 5,977 |
| Pretax return on assets | 0.1005% | 5,942 |
| Return on Equity (ROE) | 0.7564% | 5,990 |
| Retained earnings to average equity (ytd only) | -3.6558% | 6,256 |
| Net charge-offs to loans | 0.0000% | 7,039 |
| Credit loss provision to net charge-offs | NA | NA |
| Earnings coverage of net charge-offs (x) | NA | NA |
| Efficiency ratio | 95.7537% | 1,174 |
| Assets per employee ($millions) | 3.2467% | 5,344 |
| Cash dividends to net income (ytd only)* | 583.3333% | 78 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.6020% | 2,234 |
| Loan loss allowance to noncurrent loans | 183.1461% | 2,102 |
| Noncurrent assets plus other real estate owned to assets | 0.4569% | 5,853 |
| Noncurrent loans to loans | 0.8747% | 4,867 |
| Net loans and leases to total assets | 51.3963% | 6,902 |
| Net loans and leases to deposits | 62.2908% | 6,923 |
| Net loans and leases to core deposits | 71.7141% | 7,096 |
| Total domestic deposits to total assets | 82.5103% | 3,988 |
| Equity capital to assets | 12.0329% | 2,268 |
| Core capital (leverage) ratio | 11.6954% | 2,129 |
| Tier 1 risk-based capital ratio | 23.4213% | 1,146 |
| Total risk-based capital ratio | 24.6803% | 1,118 |
| Memoranda: | ||
| Average total assets | $19,908,400 | 8,018 |
| Average earning assets | $18,675,000 | 7,980 |
| Average equity | $2,379,800 | 8,028 |
| Average total loans | $10,932,000 | 7,894 |