Laurens, SC · Charter 19372
Q1 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2003, the quarter ended March 31, 2003, 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.
Laurens, SC · Charter 19372
Q1 2003
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 2000 | Q4 2000 | Q2 2001 | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.70% | -1.16% | -1.45% | -2.49% | -2.51% | -2.21% | -2.25% | -3.18% | -68 bps | |
| Return on Equity | n/a | -4.71% | -6.32% | -11.01% | -12.02% | -10.66% | -10.16% | -15.18% | -417 bps | |
| Net Interest Margin | 6.10% | 6.24% | 5.10% | 4.77% | 3.90% | 3.80% | 4.01% | 1.71% | -307 bps | |
| Efficiency Ratio | 98.23% | 99.31% | 125.43% | 129.06% | 124.82% | 128.79% | 131.23% | 216% | +8,664 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.55% | -2.33% | -2.38% | -5.31% | -3.64% | 0.43% | -11.64% | -5.26% | +5 bps | |
| Loan Growth (YoY) | 21.51% | 17.19% | -1.98% | -18.75% | -40.05% | -45.92% | -51.80% | -51.73% | -3,298 bps | |
| Share Growth (YoY) | -1.01% | -0.52% | 0.01% | -2.53% | 0.29% | 6.38% | -10.13% | -2.58% | -5 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 4.80% | 4.42% | 6.47% | 8.54% | 2.84% | 5.66% | 6.14% | 1.19% | -735 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 | 2.32% | 2.23% | 2.57% | 4.28% | 3.64% | 4.94% | 5.40% | 2.75% | -153 bps | |
| Capital | ||||||||||
| Risk-Based Capital | n/a | 24.66% | 22.93% | 22.64% | 20.90% | 20.74% | 22.17% | 20.93% | -171 bps | |
| Net Worth / Assets | n/a | 24.66% | 22.93% | 22.64% | 20.90% | 20.74% | 22.17% | 20.93% | -171 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 106.81% | 115.57% | 93.79% | 85.71% | 63.85% | 58.75% | 50.30% | 42.47% | -4,324 bps | |
| Liquid Assets / Assets | 14.45% | 11.96% | 25.28% | 34.74% | 49.46% | 54.08% | 60.40% | 6.58% | -2,816 bps | |