Windsor, VA · Cert 2429
FDIC · 8 branches
Q4 2022
Market Position · Virginia Beach-Norfolk-Newport News, VA-NC · 2022 SOD (annual) · 1.5% share · #10 of 23 inst. · $0.5B of $35.6B
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 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.48% | 0.80% | 0.80% | 0.78% | 0.95% | -52 bps | |
| Return on Equity | 12.16% | 7.79% | 8.53% | 9.21% | 11.76% | -40 bps | |
| Net Interest Margin | 2.65% | 2.68% | 2.73% | 2.81% | 2.93% | +28 bps | |
| Efficiency Ratio | 63.09% | 73.15% | 75.04% | 76.47% | 72.05% | +897 bps | |
| Non-Interest Burden | 0.97% | 1.62% | 1.76% | 1.86% | 1.72% | +76 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 13.04% | 9.72% | 3.07% | -4.61% | -4.54% | -1,758 bps | |
| Loan Growth (YoY) | -7.18% | -0.69% | 5.17% | 16.23% | 7.95% | +1,514 bps | |
| Deposit Growth (YoY) | 17.34% | 14.17% | 4.24% | -1.13% | -2.05% | -1,939 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.42% | 0.41% | 0.43% | 0.41% | 0.12% | -30 bps | |
| Net Charge-Offs / Loans | 0.08% | 0.10% | 0.06% | 0.08% | 0.07% | -1 bps | |
| Allowance / Loans | 2.32% | 2.28% | 2.18% | 2.09% | 2.08% | -24 bps | |
| Allowance Coverage of NPLs | 5.5x | 5.5x | 5.1x | 5.1x | 17.8x | +12.3x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 10.19% | 10.05% | 10.16% | 10.33% | 10.85% | +67 bps | |
| Total Risk-Based Capital | 17.12% | 16.28% | 16.52% | 16.35% | 16.85% | -27 bps | |
| Equity / Assets | 11.74% | 8.92% | 7.34% | 5.61% | 6.55% | -519 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 49.59% | 47.89% | 53.21% | 55.81% | 54.66% | +507 bps | |
| Liquid Assets / Assets | 2.72% | 2.45% | 0.20% | 0.77% | 2.98% | +26 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |