Norfolk, VA · Charter 17820
Q3 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2006, the quarter ended September 30, 2006, 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.
Norfolk, VA · Charter 17820
Q3 2006
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 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.03% | 0.27% | 0.43% | 0.15% | 0.05% | 0.99% | 0.72% | 0.81% | +67 bps | |
| Return on Equity | 0.15% | 1.18% | 1.93% | 0.66% | 0.20% | 4.47% | 3.16% | 3.55% | +289 bps | |
| Net Interest Margin | 4.17% | 3.99% | 4.26% | 4.17% | 4.41% | 4.64% | 4.77% | 4.81% | +63 bps | |
| Efficiency Ratio | 99.23% | 93.97% | 90.79% | 96.77% | 99.05% | 80.25% | 86.09% | 84.42% | -1,236 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.76% | 0.87% | 0.40% | 3.06% | 1.31% | 2.52% | -2.09% | -0.77% | -384 bps | |
| Loan Growth (YoY) | -4.96% | -4.18% | 12.80% | 6.51% | 21.13% | 18.71% | 3.27% | 1.24% | -527 bps | |
| Share Growth (YoY) | -2.34% | 1.16% | 1.12% | 3.92% | 1.57% | 2.88% | -3.95% | -1.87% | -578 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.33% | 0.32% | 0.10% | 0.10% | 0.08% | 0.04% | 0.04% | 0.02% | -8 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 | 0.25% | 0.25% | 0.23% | 0.22% | 0.26% | 0.23% | 0.24% | 0.24% | +2 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 23.44% | 22.45% | 22.24% | 22.21% | 23.18% | 22.12% | 22.90% | 22.92% | +72 bps | |
| Net Worth / Assets | 23.44% | 22.45% | 22.24% | 22.21% | 23.18% | 22.12% | 22.90% | 22.92% | +72 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 76.39% | 72.56% | 77.00% | 79.12% | 91.10% | 83.72% | 82.78% | 81.63% | +250 bps | |
| Liquid Assets / Assets | 40.03% | 42.42% | 38.01% | 36.54% | 28.27% | 32.99% | 0.00% | 0.00% | -3,654 bps | |