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Mar 4, 2021
Maverick Ronald Wilton-Morgret, 16, of Williamsport, left this world all too soon on December 2, 2020. He is a forever loved son of Keith R. Wilton, Sr., Amy E. Morgret and Clifford Sweeting.
Born April 7, 2004 in Williamsport, Maverick was the beloved brother of Aaliyah Morgret, Jamiel Moyd, Keith Wilton, Jr. (Krista) and Nicholas Wilton all of Williamsport.
He was blessed with lots of family and friends, including his maternal grandmother, Beatrice Pagano (Jaimie); maternal grandfather, Ronald Morgret, Sr.; five uncles, Ron Morgret, Jr. (Carrie) of Cogan Station, Tom Morgret (Jen) of Avis, John Wilton, II (Dena) of Muncy, Edward Wise of Mississippi and Harry Wilton of Williamsport; special cousins and friends, Angala Turner (Demetri), Tammy George (Lionel), Meisha Bailey, Karen Erdely and John Wilton, III; and many extended family members and dear friends.
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The CARES Act was recently amended to include $3.5 billion of extended debt relief payments for SBA borrowers. The program will initially provide for 3 payments of principal and interest to a maximum of $9,000 per month under various criteria and then an additional 5 payments for borrowers considered “underserved” as defined in the amended legislation.
Credit Quality and Performance
At December 31, 2020, NPAs declined by $1.9 million, or (20%), to $7.9 million, compared to $9.8 million at December 31, 2019, and decreased by $2.4 million, or (23%) from $10.3 million at September 30, 2020. Classified assets increased to $34.0 million, or 0.73% of total assets, at December 31, 2020, compared to $32.6 million, or 0.79% of total assets, at December 31, 2019, and $33.0 million, or 0.72% of total assets, at September 30, 2020.