PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Peoples National Bank, The

Easley, SC · Cert 26753

FDIC

Q1 2012

$303.8MAssets
$174.1MLoans
$256.6MDeposits
$36.3MEquity
Loan mix
84%RE $123.1M13%C&I $18.7M3%Consumer $4.0MQ1 2011Q1 2012
Deposit mix
96%Interest-bearing $245.9M4%Noninterest $10.7MQ1 2011Q1 2012

NIM

4.93%Q1 ’104.59%Q1 ’114.38%Q1 ’12-2%+4%

Non-interest income vs. expense

3.12%Q1 ’103.47%Q1 ’113.85%Q1 ’12+3%+26%

Executive Summary

  • Earnings: ROA of 0.86%, up 72 bps year over year; NIM at 3.67%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.76%.
  • Funding: loans stand at 67.84% of deposits as of Q1 2012.

Financial Results

Return on Assets (YTD, annualized)

0.86%+72 bps YoY

Net Interest Margin (YTD, annualized)

3.67%+16 bps YoY

Efficiency Ratio (YTD, annualized)

85.11%+969 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2011Q2 2011Q3 2011Q4 2011Q1 2012YoY ΔTrend
Earnings
Return on Assets0.14%0.29%0.36%0.54%0.86%+72 bps
Return on Equity1.44%2.96%3.61%5.24%7.58%+614 bps
Net Interest Margin3.51%3.59%3.67%3.72%3.67%+16 bps
Efficiency Ratio75.41%73.04%74.97%73.35%85.11%+969 bps
Non-Interest Burden2.38%2.35%2.51%2.47%3.00%+62 bps
Growth
Asset Growth (YoY)-4.42%0.57%-0.97%0.97%-6.70%-228 bps
Loan Growth (YoY)-10.55%-11.76%-14.46%-19.45%-19.71%-916 bps
Deposit Growth (YoY)-4.05%-0.09%-0.93%-0.08%-8.86%-481 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.18%1.00%1.52%1.82%0.76%-41 bps
Allowance / Loans2.72%2.98%2.84%2.60%2.50%-23 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital13.76%14.32%14.96%15.95%17.13%+337 bps
Equity / Assets9.68%10.14%10.76%10.89%11.95%+228 bps
Liquidity & Funding
Loans / Deposits77.01%74.72%71.85%64.57%67.84%-917 bps
Liquid Assets / Assets0.97%0.88%0.45%0.44%0.47%-49 bps
CRE / Total Capitaln/an/an/an/an/an/an/a