PackageTrendsPeer
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Williamsburg First National Bank

Kingstree, SC · Cert 17837

FDIC

Q2 2010

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2010, the quarter ended June 30, 2010, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Williamsburg First National Bank

Kingstree, SC · Cert 17837

FDIC

Q2 2010

$130.4MAssets
$64.9MLoans
$127.0MDeposits
$1.6MEquity
Loan mix
90%RE $43.4M10%C&I $4.7M0%Consumer $0.2MQ2 2009Q2 2010
Deposit mix
92%Interest-bearing $117.0M8%Noninterest $10.0MQ2 2009Q2 2010

NIM

6.85%Q2 ’085.25%Q2 ’093.96%Q2 ’10-28%-28%

Non-interest income vs. expense

3.21%Q2 ’083.97%Q2 ’094.05%Q2 ’10+29%+5%

Executive Summary

  • Earnings: ROA of -4.86%, down 494 bps year over year; NIM at 2.22%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 14.00%.
  • Funding: loans stand at 51.10% of deposits as of Q2 2010.

Financial Results

Return on Assets (YTD, annualized)

-4.86%-494 bps YoY

Net Interest Margin (YTD, annualized)

2.22%-84 bps YoY

Efficiency Ratio (YTD, annualized)

129.46%+3,139 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2009Q3 2009Q4 2009Q1 2010Q2 2010YoY ΔTrend
Earnings
Return on Assets0.08%1-1.17%-5.46%-6.42%-4.86%-494 bps
Return on Equity0.90%-13.33%-72.32%-294%-259%-26,035 bps
Net Interest Margin3.06%3.05%3.04%2.01%2.22%-84 bps
Efficiency Ratio98.06%100.47%111.41%92.87%129.46%+3,139 bps
Non-Interest Burden2.98%3.07%3.49%1.81%3.14%+16 bps
Growth
Asset Growth (YoY)4.10%0.72%0.35%-1.64%-8.88%-1,298 bps
Loan Growth (YoY)-4.46%-11.34%-18.62%-25.26%-29.69%-2,523 bps
Deposit Growth (YoY)3.76%5.85%12.17%12.11%10.10%+634 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans5.42%6.46%10.45%20.65%14.00%+858 bps
Allowance / Loans3.12%3.66%7.43%7.09%6.72%+360 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital13.79%12.85%5.84%4.34%2.97%-1,083 bps
Equity / Assets8.81%8.25%2.72%1.64%1.22%-759 bps
Liquidity & Funding
Loans / Deposits80.02%71.53%59.03%51.66%51.10%-2,892 bps
Liquid Assets / Assets0.10%0.08%7.34%15.90%17.20%+1,709 bps
CRE / Total Capitaln/an/an/an/an/an/an/a