Greenville, SC · Cert 26849
FDIC
Q2 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2010, the quarter ended June 30, 2010, 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.
Greenville, SC · Cert 26849
FDIC
Q2 2010
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 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -2.25% | -3.94% | -2.14% | -2.44% | -4.99% | -5.15% | -2.60% | -6.47% | -403 bps | |
| Return on Equity | -19.20% | -33.63% | -18.27% | -20.35% | -42.65% | -45.70% | -28.59% | -77.56% | -5,721 bps | |
| Net Interest Margin | 2.86% | 2.84% | 2.54% | 2.64% | 2.72% | 2.73% | 2.49% | 2.41% | -23 bps | |
| Efficiency Ratio | 66.40% | 70.80% | 78.47% | 97.69% | 90.51% | 92.72% | 84.67% | 87.44% | -1,025 bps | |
| Non-Interest Burden | 3.47% | 4.90% | 1.87% | 2.64% | 2.47% | 2.55% | 2.06% | 5.65% | +300 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.92% | -2.00% | -3.24% | -9.93% | -10.18% | -12.47% | -6.34% | -7.77% | +216 bps | |
| Loan Growth (YoY) | 1.54% | 0.03% | -2.58% | -10.93% | -14.14% | -17.87% | -20.02% | -17.73% | -681 bps | |
| Deposit Growth (YoY) | 5.48% | -3.92% | -2.47% | -5.43% | -6.33% | -1.42% | 5.71% | -0.32% | +511 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 | 1.90% | 2.18% | 4.35% | 4.91% | 5.98% | 6.49% | 4.38% | 4.72% | -20 bps | |
| Allowance / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 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 | 11.59% | 12.59% | 11.75% | 12.55% | 11.70% | 10.55% | 10.45% | 9.85% | -270 bps | |
| Equity / Assets | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 102.09% | 108.46% | 108.48% | 98.80% | 93.58% | 90.36% | 82.07% | 81.53% | -1,726 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 1.17% | 1.13% | 1.07% | 0.80% | 0.00% | -117 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |