Easley, SC · Cert 26753
FDIC
Q1 2012
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2012, the quarter ended March 31, 2012, 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.
Easley, SC · Cert 26753
FDIC
Q1 2012
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 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.50% | -0.22% | -0.13% | 0.14% | 0.29% | 0.36% | 0.54% | 0.86% | +72 bps | |
| Return on Equity | -5.27% | -2.32% | -1.33% | 1.44% | 2.96% | 3.61% | 5.24% | 7.58% | +614 bps | |
| Net Interest Margin | 3.63% | 3.67% | 3.67% | 3.51% | 3.59% | 3.67% | 3.72% | 3.67% | +16 bps | |
| Efficiency Ratio | 71.03% | 70.87% | 76.24% | 75.41% | 73.04% | 74.97% | 73.35% | 85.11% | +969 bps | |
| Non-Interest Burden | 2.34% | 2.35% | 2.59% | 2.38% | 2.35% | 2.51% | 2.47% | 3.00% | +62 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -5.38% | -3.86% | -8.41% | -4.42% | 0.57% | -0.97% | 0.97% | -6.70% | -228 bps | |
| Loan Growth (YoY) | -10.14% | -9.64% | -9.87% | -10.55% | -11.76% | -14.46% | -19.45% | -19.71% | -916 bps | |
| Deposit Growth (YoY) | 0.76% | -1.10% | -8.24% | -4.05% | -0.09% | -0.93% | -0.08% | -8.86% | -481 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 | 2.49% | 2.25% | 2.01% | 1.18% | 1.00% | 1.52% | 1.82% | 0.76% | -41 bps | |
| Allowance / Loans | 2.63% | 2.65% | 2.55% | 2.72% | 2.98% | 2.84% | 2.60% | 2.50% | -23 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 | 12.99% | 13.13% | 13.29% | 13.76% | 14.32% | 14.96% | 15.95% | 17.13% | +337 bps | |
| Equity / Assets | 9.89% | 9.93% | 9.79% | 9.68% | 10.14% | 10.76% | 10.89% | 11.95% | +228 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 84.60% | 83.22% | 80.09% | 77.01% | 74.72% | 71.85% | 64.57% | 67.84% | -917 bps | |
| Liquid Assets / Assets | 1.25% | 1.21% | 1.04% | 0.97% | 0.88% | 0.45% | 0.44% | 0.47% | -49 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |