Fredericksburg, VA · Cert 27281
FDIC
Q4 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2006, the quarter ended December 31, 2006, 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.
Fredericksburg, VA · Cert 27281
FDIC
Q4 2006
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 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.33% | 1.43% | 1.46% | 1.50% | 1.39% | 1.44% | 1.43% | 1.41% | -9 bps | |
| Return on Equity | 15.96% | 17.16% | 17.51% | 18.00% | 16.27% | 16.80% | 16.69% | 16.33% | -167 bps | |
| Net Interest Margin | 4.25% | 4.22% | 4.21% | 4.12% | 4.19% | 4.27% | 4.14% | 4.04% | -7 bps | |
| Efficiency Ratio | 59.65% | 56.87% | 56.36% | 55.74% | 57.29% | 56.80% | 56.32% | 56.58% | +84 bps | |
| Non-Interest Burden | 2.25% | 2.09% | 2.05% | 1.97% | 2.09% | 2.08% | 2.00% | 1.96% | -1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.32% | 13.15% | 17.03% | 15.08% | 11.32% | 12.07% | 6.59% | 4.34% | -1,074 bps | |
| Loan Growth (YoY) | 18.41% | 15.96% | 22.74% | 17.31% | 10.73% | 11.07% | 4.52% | 3.12% | -1,420 bps | |
| Deposit Growth (YoY) | 13.93% | 15.38% | 10.91% | 5.04% | 2.23% | 3.35% | 5.30% | 2.28% | -276 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 | -0.10% | -0.04% | -0.03% | -0.02% | 0.01% | 0.00% | 0.00% | 0.00% | +2 bps | |
| Allowance / Loans | 1.12% | 1.11% | 1.03% | 1.04% | 1.07% | 1.05% | 1.04% | 1.06% | +1 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 | 10.86% | 11.19% | 10.58% | 10.98% | 11.12% | 11.50% | 11.20% | 11.65% | +67 bps | |
| Equity / Assets | 8.25% | 8.43% | 8.19% | 8.38% | 8.64% | 8.74% | 8.47% | 8.92% | +54 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 94.07% | 93.17% | 100.80% | 103.42% | 101.89% | 100.13% | 100.06% | 104.26% | +84 bps | |
| Liquid Assets / Assets | 0.04% | 0.03% | 0.02% | 0.01% | 0.01% | 0.04% | 0.02% | 0.01% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |