Jefferson, SC · Cert 16469
FDIC
Q2 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2007, the quarter ended June 30, 2007, 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.
Jefferson, SC · Cert 16469
FDIC
Q2 2007
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 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.58% | 0.31% | 0.86% | 1.06% | 0.91% | 0.64% | 0.00% | -1.31% | -237 bps | |
| Return on Equity | 4.49% | 2.38% | 6.14% | 7.65% | 6.49% | 4.57% | 0.00% | -9.37% | -1,702 bps | |
| Net Interest Margin | 4.99% | 5.28% | 5.33% | 5.45% | 5.38% | 5.64% | 6.16% | 5.97% | +52 bps | |
| Efficiency Ratio | 75.68% | 81.71% | 74.23% | 71.01% | 73.00% | 79.49% | 92.83% | 98.64% | +2,764 bps | |
| Non-Interest Burden | 3.49% | 4.09% | 3.50% | 3.48% | 3.58% | 4.22% | 5.65% | 5.87% | +239 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -10.73% | -6.81% | -10.12% | 0.77% | -3.61% | 0.75% | 1.16% | -5.93% | -670 bps | |
| Loan Growth (YoY) | -4.31% | -2.20% | -3.15% | -1.76% | -4.26% | -1.52% | -2.56% | -10.97% | -921 bps | |
| Deposit Growth (YoY) | -11.90% | -7.75% | -11.76% | 0.60% | -4.83% | 0.12% | 1.07% | -5.99% | -660 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 | 1.59% | 1.88% | -2.39% | 1.12% | 0.70% | 1.00% | -0.11% | 3.90% | +278 bps | |
| Allowance / Loans | 3.44% | 3.28% | 4.15% | 3.04% | 3.41% | 3.14% | 3.47% | 3.24% | +20 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 | 26.76% | 26.12% | 27.43% | 26.38% | 27.10% | 26.90% | 27.61% | 26.85% | +47 bps | |
| Equity / Assets | 13.35% | 13.64% | 14.25% | 13.73% | 14.22% | 13.92% | 14.27% | 13.78% | +5 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 58.03% | 59.18% | 60.16% | 58.69% | 58.39% | 58.21% | 58.00% | 55.59% | -311 bps | |
| Liquid Assets / Assets | 28.54% | 31.59% | 37.60% | 35.35% | 36.21% | 29.40% | 37.05% | 30.44% | -491 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |