Asheboro, NC · Cert 22746
FDIC
Q3 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2013, the quarter ended September 30, 2013, 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.
Asheboro, NC · Cert 22746
FDIC
Q3 2013
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 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.30% | 0.27% | -0.08% | -0.09% | -0.05% | 0.33%1 | 0.42% | -1.09% | -100 bps | |
| Return on Equity | -3.37% | 3.08% | -0.96% | -1.06% | -0.58% | 3.88% | 4.97% | -13.89% | -1,283 bps | |
| Net Interest Margin | 3.37% | 3.35% | 3.28% | 3.20% | 3.21% | 3.19% | 3.09% | 3.05% | -15 bps | |
| Efficiency Ratio | 85.25% | 86.37% | 84.00% | 87.76% | 89.34% | 72.37% | 77.24% | 114.65% | +2,689 bps | |
| Non-Interest Burden | 2.66% | 2.66% | 2.52% | 2.60% | 2.73% | 1.65% | 1.95% | 3.64% | +104 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.08% | 3.30% | 4.93% | 5.21% | 2.41% | 3.41% | 1.82% | -7.29% | -1,250 bps | |
| Loan Growth (YoY) | -7.39% | -7.49% | -6.31% | -9.47% | -4.37% | -7.12% | -5.08% | -8.75% | +72 bps | |
| Deposit Growth (YoY) | 0.48% | 6.51% | 8.05% | 7.75% | 3.45% | 3.62% | 1.66% | -4.91% | -1,266 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 | 1.55% | 0.28% | 0.38% | 1.01% | 0.77% | 1.44% | 1.65% | 3.45% | +244 bps | |
| Allowance / Loans | 1.70% | 1.76% | 2.26% | 1.98% | 1.94% | 2.25% | 1.73% | 0.14% | -183 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 | 12.86% | 12.92% | 12.91% | 12.61% | 13.05% | 13.49% | 13.54% | 4.66% | -795 bps | |
| Equity / Assets | 8.66% | 8.61% | 8.45% | 8.24% | 8.61% | 8.51% | 8.51% | 5.55% | -269 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 73.33% | 70.05% | 68.74% | 64.57% | 67.79% | 62.79% | 64.19% | 61.97% | -261 bps | |
| Liquid Assets / Assets | 0.00% | 8.50% | 7.05% | 7.67% | 1.89% | 7.04% | 1.67% | 1.82% | -584 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |