Tappahannock, VA · Cert 11584
FDIC · 28 branches
Q1 2017
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2017, the quarter ended March 31, 2017, 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.
Tappahannock, VA · Cert 11584
FDIC · 28 branches
Q1 2017
Market Position · Richmond, VA · 2016 SOD (annual) · 0.4% share · #12 of 36 inst. · $0.4B of $96.8B
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 | Q2 2015 | Q3 2015 | Q4 2015 | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | Q1 2017 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.64% | 0.69% | 0.73% | 0.83% | 0.80% | 0.79% | 0.79% | 0.76% | -7 bps | |
| Return on Equity | 5.77% | 6.27% | 6.60% | 7.51% | 7.20% | 7.05% | 7.13% | 7.28% | -23 bps | |
| Net Interest Margin | 3.70% | 3.60% | 3.56% | 3.66% | 3.60% | 3.59% | 3.51% | 3.55% | -12 bps | |
| Efficiency Ratio | 78.87% | 76.95% | 75.50% | 70.70% | 71.96% | 72.72% | 72.73% | 71.47% | +77 bps | |
| Non-Interest Burden | 2.77% | 2.62% | 2.53% | 2.42% | 2.43% | 2.45% | 2.41% | 2.41% | -1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 15.39% | 18.09% | 7.50% | 7.65% | 6.12% | 5.80% | 10.09% | 12.49% | +484 bps | |
| Loan Growth (YoY) | 20.45% | 21.94% | 7.34% | 11.36% | 8.17% | 8.73% | 17.31% | 17.88% | +652 bps | |
| Deposit Growth (YoY) | 13.87% | 16.84% | 5.32% | 4.79% | 3.68% | 3.11% | 5.78% | 14.06% | +927 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.64% | +64 bps | |
| Net Charge-Offs / Loans | 0.17% | 0.17% | 0.19% | 0.18% | 0.19% | 0.12% | 0.01% | 0.12% | -6 bps | |
| Allowance / Loans | 1.46% | 1.39% | 1.29% | 1.20% | 1.15% | 1.12% | 1.09% | 1.02% | -18 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.6x | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.39% | 9.34% | 9.46% | 9.55% | 9.69% | 9.90% | 9.87% | 9.62% | +7 bps | |
| Total Risk-Based Capital | 14.30% | 14.13% | 14.27% | 14.19% | 14.35% | 14.12% | 13.31% | 12.86% | -133 bps | |
| Equity / Assets | 10.93% | 11.03% | 10.94% | 11.19% | 11.35% | 11.36% | 10.56% | 10.43% | -76 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 86.14% | 86.74% | 87.72% | 89.68% | 89.88% | 91.47% | 97.28% | 92.68% | +300 bps | |
| Liquid Assets / Assets | 3.04% | 3.35% | 3.78% | 2.53% | 3.27% | 3.21% | 2.85% | 2.97% | +43 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |