Newland, NC · Cert 13191
FDIC
Q3 2003
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 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 3.24% | 3.56% | 3.75% | 3.79% | 3.45% | 6.58% | 4.27% | 3.67% | -12 bps | |
| Return on Equity | n/a | 15.15% | 15.66% | 15.61% | 14.24% | 27.27% | 17.61% | 15.15% | -47 bps | |
| Net Interest Margin | 4.72% | 4.82% | 4.83% | 4.75% | 4.58% | 4.30% | 3.91% | 3.84% | -91 bps | |
| Efficiency Ratio | 27.20% | 28.27% | 25.22% | 24.52% | 27.23% | 29.15% | 36.70% | 37.30% | +1,279 bps | |
| Non-Interest Burden | 1.07% | 1.17% | 1.01% | 0.95% | 1.04% | 1.06% | 1.25% | 1.24% | +29 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 15.15% | 12.33% | 7.16% | 2.62% | 7.75% | 8.84% | 9.38% | 3.93% | +131 bps | |
| Loan Growth (YoY) | -8.61% | -11.82% | -9.07% | -2.98% | -0.55% | 5.64% | 0.82% | -6.70% | -372 bps | |
| Deposit Growth (YoY) | 20.34% | 17.67% | 8.54% | 2.36% | 6.63% | 8.36% | 10.01% | 5.48% | +313 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 2.12% | 1.85% | 1.04% | 1.21% | 1.33% | 1.62% | 0.92% | 1.04% | -17 bps | |
| Allowance / Loans | 3.00% | 2.72% | 2.63% | 2.15% | 2.34% | 1.93% | 1.95% | 1.76% | -39 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 82.18% | 87.28% | 86.44% | 83.36% | 84.61% | 74.11% | 74.86% | 78.58% | -478 bps | |
| Equity / Assets | 23.25% | 23.80% | 24.83% | 25.25% | 24.12% | 24.17% | 24.48% | 24.20% | -104 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 30.15% | 28.95% | 29.16% | 29.34% | 28.12% | 28.23% | 26.73% | 25.96% | -339 bps | |
| Liquid Assets / Assets | 14.30% | 14.61% | 15.41% | 14.33% | 14.03% | 13.36% | 12.05% | 12.06% | -228 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |