PackageTrendsPeer
Letter portraitLegal landscape

Four Oaks Bank & Trust Company

Four Oaks, NC · Cert 11506

FDIC · 12 branches

Q3 2017

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2017, the quarter ended September 30, 2017, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Four Oaks Bank & Trust Company

Four Oaks, NC · Cert 11506

FDIC · 12 branches

Q3 2017

$723.7MAssets
$503.8MLoans
$561.8MDeposits
$93.4MEquity
Loan mix
93%RE $356.1M5%C&I $19.9M2%Consumer $8.5MQ3 2016Q3 2017
Deposit mix
69%Interest-bearing $389.8M31%Noninterest $172.0MQ3 2016Q3 2017

NIM

4.14%Q3 ’154.07%Q3 ’164.21%Q3 ’17+5%+5%

Non-interest income vs. expense

3.52%Q3 ’153.32%Q3 ’163.22%Q3 ’17-3%-9%

Market Position · Raleigh, NC · 2017 SOD (annual) · 1.8% share · #12 of 35 inst. · $0.5B of $27.1B

20.1% Johnston
0.6% Wake
9.4% Duplin
1.7% Harnett

Executive Summary

  • Earnings: ROA of 0.84%, up 24 bps year over year; NIM at 3.74%.
  • Asset quality: problem loans at 0.74% of loans (+74 bps YoY), with net charge-offs at 0.07%.
  • Capital: tier 1 leverage ratio of 11.82%, up 102 bps from a year ago.
  • Funding: loans stand at 89.67% of deposits as of Q3 2017.

Financial Results

Return on Assets (YTD, annualized)

0.84%+24 bps YoY

Net Interest Margin (YTD, annualized)

3.74%+17 bps YoY

Efficiency Ratio (YTD, annualized)

71.10%-745 bps YoY

Tier 1 Leverage Ratio

11.82%+102 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2016Q4 2016Q1 2017Q2 2017Q3 2017YoY ΔTrend
Earnings
Return on Assets0.61%0.93%0.76%0.80%0.84%+24 bps
Return on Equity5.13%7.82%6.15%6.52%6.76%+163 bps
Net Interest Margin3.58%3.60%3.76%3.69%3.74%+17 bps
Efficiency Ratio78.55%79.61%73.50%72.25%71.10%-745 bps
Non-Interest Burden2.62%2.68%2.53%2.41%2.39%-23 bps
Growth
Asset Growth (YoY)1.11%3.95%1.93%3.56%0.33%-78 bps
Loan Growth (YoY)7.77%10.39%7.69%2.55%2.78%-499 bps
Deposit Growth (YoY)4.24%2.13%-0.50%1.58%0.04%-420 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.88%0.80%0.74%+74 bps
Net Charge-Offs / Loans-0.02%-0.01%0.02%0.00%0.07%+8 bps
Allowance / Loans1.97%1.90%1.87%1.93%1.86%-11 bps
Allowance Coverage of NPLsn/an/a2.1x2.4x2.5xn/a
Capital
Tier 1 Leverage Ratio10.80%11.00%11.20%11.26%11.82%+102 bps
Total Risk-Based Capital15.72%15.40%15.50%15.99%16.29%+57 bps
Equity / Assets11.97%12.35%12.29%12.38%12.91%+93 bps
Liquidity & Funding
Loans / Deposits87.28%91.24%91.47%88.96%89.67%+239 bps
Liquid Assets / Assets14.93%10.86%11.96%12.68%11.02%-391 bps
CRE / Total Capitaln/an/an/an/an/an/an/a