Loris, SC · Cert 27139
FDIC · 9 branches
Q2 2017
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2017, the quarter ended June 30, 2017, 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.
Loris, SC · Cert 27139
FDIC · 9 branches
Q2 2017
Market Position · Myrtle Beach-Conway-North Myrtle Beach, SC-NC · 2017 SOD (annual) · 3.9% share · #10 of 25 inst. · $0.3B of $8.2B
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 2015 | Q4 2015 | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.41% | 0.31% | -3.20% | -3.97% | -3.25% | -2.12% | 0.33% | 0.39% | +436 bps | |
| Return on Equity | 15.81% | 11.55% | -121.71% | -77.02% | -52.07% | -31.00% | 3.63% | 4.25% | +8,127 bps | |
| Net Interest Margin | 2.71% | 2.89% | 2.57% | 2.45% | 2.48% | 2.56% | 2.77% | 2.75% | +30 bps | |
| Efficiency Ratio | 90.03% | 92.67% | 210% | 719% | 433% | 252% | 89.56% | 87.86% | -63,074 bps | |
| Non-Interest Burden | 2.34% | 2.61% | 4.22% | 5.63% | 5.24% | 4.67% | 2.44% | 2.36% | -326 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -12.82% | -14.26% | -14.49% | -7.45% | 0.76% | 4.08% | 5.72% | 1.91% | +936 bps | |
| Loan Growth (YoY) | -10.42% | -11.11% | -13.25% | -12.26% | -4.91% | 2.74% | 14.73% | 14.40% | +2,665 bps | |
| Deposit Growth (YoY) | -13.36% | -15.47% | -14.98% | -15.59% | -6.57% | -5.06% | -3.69% | -0.76% | +1,482 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.84% | 0.81% | +81 bps | |
| Net Charge-Offs / Loans | 0.46% | 0.57% | 4.62% | 5.01% | 3.13% | 2.22% | 0.06% | 0.09% | -492 bps | |
| Allowance / Loans | 2.28% | 2.20% | 1.86% | 2.21% | 2.24% | 1.74% | 1.62% | 1.57% | -64 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | 1.9x | 1.9x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 3.04% | 3.28% | 2.56% | 9.90% | 9.38% | 9.95% | 10.08% | 9.97% | +7 bps | |
| Total Risk-Based Capital | 5.63% | 5.92% | 5.17% | 17.58% | 16.34% | 16.44% | 15.94% | 16.09% | -149 bps | |
| Equity / Assets | 2.97% | 2.91% | 2.34% | 9.93% | 9.43% | 9.16% | 9.18% | 9.43% | -50 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 63.27% | 63.28% | 59.49% | 62.64% | 64.39% | 68.47% | 70.87% | 72.21% | +957 bps | |
| Liquid Assets / Assets | 6.87% | 5.72% | 10.92% | 16.19% | 5.90% | 6.29% | 5.22% | 6.66% | -953 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |