Kilmarnock, VA · Cert 11200
FDIC · 17 branches
Q4 2020
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2020, the quarter ended December 31, 2020, 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.
Kilmarnock, VA · Cert 11200
FDIC · 17 branches
Q4 2020
Market Position · Richmond, VA · 2020 SOD (annual) · 0.5% share · #10 of 26 inst. · $0.6B of $124.0B
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 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.71% | 0.75% | 0.77% | 0.82% | 0.27% | -1.14% | -0.39% | -0.02% | -84 bps | |
| Return on Equity | 6.78% | 6.99% | 7.14% | 7.52% | 2.41% | -10.48% | -3.65% | -0.16% | -768 bps | |
| Net Interest Margin | 3.37% | 3.28% | 3.33% | 3.34% | 3.34% | 3.20% | 3.25% | 3.33% | -1 bps | |
| Efficiency Ratio | 70.48% | 70.26% | 68.44% | 67.40% | 64.29% | 59.65% | 58.85% | 58.40% | -900 bps | |
| Non-Interest Burden | 2.34% | 2.27% | 2.24% | 2.20% | 2.01% | 3.43% | 2.83% | 2.57% | +36 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.67% | 11.12% | 8.10% | 4.77% | 7.28% | 13.24% | 12.59% | 8.12% | +334 bps | |
| Loan Growth (YoY) | 16.09% | 14.43% | 9.10% | 2.54% | 5.70% | 14.97% | 13.44% | 14.48% | +1,193 bps | |
| Deposit Growth (YoY) | 4.88% | 10.88% | 8.49% | 9.61% | 14.80% | 17.01% | 16.83% | 10.66% | +105 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.59% | 0.52% | 0.77% | 0.49% | 0.57% | 1.19% | 1.64% | 1.85% | +136 bps | |
| Net Charge-Offs / Loans | 0.16% | 0.17% | 0.18% | 0.16% | 0.07% | 0.07% | 0.04% | 0.06% | -11 bps | |
| Allowance / Loans | 0.86% | 0.81% | 0.80% | 0.82% | 1.05% | 1.14% | 1.22% | 1.30% | +48 bps | |
| Allowance Coverage of NPLs | 1.4x | 1.6x | 1.0x | 1.7x | 1.8x | 1.0x | 0.7x | 0.7x | -1.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.09% | 10.14% | 10.32% | 10.42% | 10.69% | 10.25% | 10.47% | 10.75% | +33 bps | |
| Total Risk-Based Capital | 12.60% | 12.82% | 12.85% | 13.07% | 13.29% | 13.35% | 13.68% | 13.92% | +84 bps | |
| Equity / Assets | 10.85% | 11.19% | 11.24% | 11.26% | 11.24% | 10.15% | 10.31% | 10.81% | -45 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 106.43% | 104.04% | 103.49% | 98.37% | 97.99% | 102.22% | 100.49% | 101.77% | +340 bps | |
| Liquid Assets / Assets | 2.36% | 1.69% | 2.39% | 3.20% | 3.91% | 2.42% | 4.01% | 2.20% | -100 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |