Kinston, NC · Charter 22235
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 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.
Kinston, NC · Charter 22235
Q1 2010
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 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.07% | -0.94% | -0.75% | -3.82% | -0.76% | -0.52% | -0.74% | -1.33% | +249 bps | |
| Return on Equity | -5.10% | -4.37% | -3.43% | -18.32% | -3.59% | -2.43% | -3.42% | -6.45% | +1,187 bps | |
| Net Interest Margin | 3.23% | 3.34% | 3.39% | 3.15% | 3.22% | 3.42% | 3.37% | 3.22% | +7 bps | |
| Efficiency Ratio | 112.31% | 109.66% | 108.06% | 165.48% | 108.49% | 86.47% | 95.57% | 117.54% | -4,795 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.25% | 0.16% | 1.29% | -2.90% | -4.36% | -2.97% | -3.67% | -0.98% | +192 bps | |
| Loan Growth (YoY) | -16.69% | -15.47% | -13.64% | -13.18% | -5.11% | -6.93% | -6.88% | -8.07% | +511 bps | |
| Share Growth (YoY) | 2.25% | 0.32% | 2.25% | -2.02% | -4.86% | -2.71% | -2.48% | -0.86% | +116 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.57% | 2.72% | 2.94% | 2.63% | 2.27% | 3.27% | 2.14% | 2.01% | -61 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 | 0.56% | 0.62% | 0.65% | 0.80% | 0.45% | 0.73% | 0.54% | 0.79% | -2 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 20.95% | 21.43% | 21.75% | 20.87% | 21.19% | 21.52% | 21.69% | 20.66% | -21 bps | |
| Net Worth / Assets | 20.95% | 21.43% | 21.75% | 20.87% | 21.19% | 21.52% | 21.69% | 20.66% | -21 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 58.24% | 60.66% | 60.52% | 56.61% | 58.09% | 58.03% | 57.79% | 52.49% | -411 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |