Waynesville, NC · Charter 15538
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, 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.
Waynesville, NC · Charter 15538
Q1 2004
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.01% | 0.94% | 0.81% | 1.21% | 1.06% | 1.26% | 1.31% | 1.39% | +18 bps | |
| Return on Equity | 10.75% | 9.73% | 8.51% | 13.27% | 11.84% | 13.00% | 12.84% | 13.26% | -1 bps | |
| Net Interest Margin | 4.53% | 4.67% | 4.57% | 4.32% | 4.38% | 4.76% | 4.96% | 5.26% | +94 bps | |
| Efficiency Ratio | 72.76% | 73.03% | 73.31% | 67.66% | 69.40% | 69.04% | 70.84% | 67.10% | -56 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 17.88% | 5.12% | 4.85% | 9.53% | 14.82% | 12.72% | 7.49% | -0.18% | -971 bps | |
| Loan Growth (YoY) | 3.95% | 8.59% | 13.41% | 15.08% | 12.50% | 11.03% | 5.11% | 5.96% | -912 bps | |
| Share Growth (YoY) | 17.92% | 4.65% | 4.05% | 9.43% | 15.59% | 12.97% | 7.95% | -1.92% | -1,135 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.53% | 0.57% | 0.95% | 0.93% | 1.05% | 0.93% | 0.69% | 0.68% | -24 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.51% | 0.58% | 0.68% | 0.79% | 0.89% | 0.85% | 0.73% | 0.81% | +2 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.38% | 9.71% | 9.52% | 9.12% | 8.99% | 9.68% | 10.16% | 10.48% | +136 bps | |
| Net Worth / Assets | 9.38% | 9.71% | 9.52% | 9.12% | 8.99% | 9.68% | 10.16% | 10.48% | +136 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 75.32% | 78.22% | 79.59% | 75.07% | 73.31% | 76.88% | 77.50% | 81.11% | +603 bps | |
| Liquid Assets / Assets | 23.44% | 20.61% | 14.42% | 15.93% | 19.64% | 14.14% | 6.32% | 8.26% | -767 bps | |