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 $4.0MQ2 2010Q1 2012
Deposit mix
96%Interest-bearing $245.9M4%Noninterest $10.7MQ2 2010Q1 2012

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.

Return on Assets (quarter, annualized)

0.86%+72 bps YoY

Net Interest Margin (quarter, annualized)

3.67%+16 bps YoY

Efficiency Ratio (quarter, annualized)

85.11%+969 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

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%

Discrete quarter, annualized.

MetricQ2 2010Q3 2010Q4 2010Q1 2011Q2 2011Q3 2011Q4 2011Q1 2012YoY ΔTrend
Earnings
Return on Assets0.63%10.36%0.16%0.14%0.44%0.51%11.06%0.86%+72 bps
Return on Equity6.56%3.61%1.65%1.44%4.47%4.86%9.80%7.58%+614 bps
Net Interest Margin3.58%3.63%3.67%3.51%3.64%3.76%3.73%3.67%+16 bps
Efficiency Ratio70.96%70.54%92.07%75.41%70.64%78.91%68.40%85.11%+969 bps
Non-Interest Burden2.31%2.30%3.31%2.38%2.30%2.79%2.27%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 / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.43%1.68%1.09%1.18%0.77%2.47%2.29%0.76%-41 bps
Allowance / Loans2.63%2.65%2.55%2.72%2.98%2.84%2.60%2.50%-23 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital12.99%13.13%13.29%13.76%14.32%14.96%15.95%17.13%+337 bps
Equity / Assets9.89%9.93%9.79%9.68%10.14%10.76%10.89%11.95%+228 bps
Liquidity & Funding
Loans / Deposits84.60%83.22%80.09%77.01%74.72%71.85%64.57%67.84%-917 bps
Liquid Assets / Assets1.25%1.21%1.04%0.97%0.88%0.45%0.44%0.47%-49 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a