Buckhannon, WV · Cert 26765
FDIC
Q1 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2003, the quarter ended March 31, 2003, 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.
Buckhannon, WV · Cert 26765
FDIC
Q1 2003
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 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.80% | 0.85% | 0.84% | 0.91% | 0.99% | 0.96% | 0.98% | 0.87% | -4 bps | |
| Return on Equity | n/a | n/a | n/a | 10.90% | 11.76% | 11.32% | 11.51% | 9.94% | -96 bps | |
| Net Interest Margin | 3.22% | 3.15% | 3.15% | 3.41% | 3.36% | 3.28% | 3.25% | 3.28% | -12 bps | |
| Efficiency Ratio | 64.88% | 63.72% | 63.89% | 62.32% | 59.92% | 61.18% | 61.84% | 67.13% | +481 bps | |
| Non-Interest Burden | 1.93% | 1.84% | 1.84% | 1.94% | 1.82% | 1.81% | 1.82% | 2.12% | +18 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.28% | 8.64% | 9.24% | 11.29% | 9.18% | 7.22% | 8.69% | 8.40% | -289 bps | |
| Loan Growth (YoY) | 12.86% | 9.09% | 4.84% | 9.39% | 5.25% | 7.16% | 8.22% | -2.06% | -1,144 bps | |
| Deposit Growth (YoY) | 7.46% | 7.95% | 8.59% | 10.87% | 8.24% | 6.16% | 7.95% | 7.96% | -291 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 | 0.07% | 0.10% | 0.15% | 0.00% | 0.12% | 0.08% | 0.09% | 0.00% | 0 bps | |
| Allowance / Loans | 1.17% | 1.22% | 1.30% | 1.33% | 1.39% | 1.48% | 1.53% | 1.64% | +31 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 | 12.76% | 13.55% | 13.96% | 13.59% | 13.87% | 14.05% | 14.51% | 14.87% | +128 bps | |
| Equity / Assets | 8.13% | 8.24% | 8.39% | 8.26% | 8.50% | 8.66% | 8.77% | 8.65% | +39 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 72.92% | 71.05% | 69.79% | 72.78% | 70.91% | 71.72% | 69.96% | 66.02% | -676 bps | |
| Liquid Assets / Assets | 4.86% | 4.43% | 2.06% | 2.24% | 1.91% | 1.03% | 0.59% | 2.15% | -9 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |