Kingstree, SC · Cert 17837
FDIC
Q2 2010
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Kingstree, SC · Cert 17837
FDIC
Q2 2010
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 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.00% | -1.12% | 0.13% | 0.08%1 | -1.17% | -5.46% | -6.42% | -4.86% | -494 bps | |
| Return on Equity | 9.12% | -10.63% | 1.45% | 0.90% | -13.33% | -72.32% | -294% | -259% | -26,035 bps | |
| Net Interest Margin | 3.99% | 3.80% | 3.19% | 3.06% | 3.05% | 3.04% | 2.01% | 2.22% | -84 bps | |
| Efficiency Ratio | 63.79% | 68.73% | 89.97% | 98.06% | 100.47% | 111.41% | 92.87% | 129.46% | +3,139 bps | |
| Non-Interest Burden | 2.21% | 2.33% | 2.75% | 2.98% | 3.07% | 3.49% | 1.81% | 3.14% | +16 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.77% | 8.50% | 5.18% | 4.10% | 0.72% | 0.35% | -1.64% | -8.88% | -1,298 bps | |
| Loan Growth (YoY) | 13.42% | 8.94% | 1.26% | -4.46% | -11.34% | -18.62% | -25.26% | -29.69% | -2,523 bps | |
| Deposit Growth (YoY) | 14.10% | 13.96% | 8.65% | 3.76% | 5.85% | 12.17% | 12.11% | 10.10% | +634 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 | 0.46% | 1.02% | 8.19% | 5.42% | 6.46% | 10.45% | 20.65% | 14.00% | +858 bps | |
| Allowance / Loans | 1.91% | 5.41% | 3.67% | 3.12% | 3.66% | 7.43% | 7.09% | 6.72% | +360 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 | 16.64% | 13.82% | 13.85% | 13.79% | 12.85% | 5.84% | 4.34% | 2.97% | -1,083 bps | |
| Equity / Assets | 10.90% | 8.89% | 9.08% | 8.81% | 8.25% | 2.72% | 1.64% | 1.22% | -759 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 85.40% | 81.36% | 77.49% | 80.02% | 71.53% | 59.03% | 51.66% | 51.10% | -2,892 bps | |
| Liquid Assets / Assets | 0.14% | 0.11% | 0.14% | 0.10% | 0.08% | 7.34% | 15.90% | 17.20% | +1,709 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |