Burlington, NC · Cert 27789
FDIC
Q4 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2005, the quarter ended December 31, 2005, 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.
Burlington, NC · Cert 27789
FDIC
Q4 2005
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 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.89% | 0.98% | 0.99% | 0.98% | 1.01% | 0.91% | 0.93% | 0.99% | +1 bps | |
| Return on Equity | 5.47% | 6.14% | 6.15% | 6.05% | 6.17% | 5.54% | 5.62% | 5.95% | -10 bps | |
| Net Interest Margin | 3.01% | 2.98% | 3.05% | 3.13% | 3.25% | 3.31% | 3.36% | 3.43% | +30 bps | |
| Efficiency Ratio | 61.61% | 58.75% | 58.66% | 57.23% | 56.38% | 55.45% | 56.10% | 55.38% | -185 bps | |
| Non-Interest Burden | 1.63% | 1.48% | 1.53% | 1.52% | 1.61% | 1.60% | 1.65% | 1.67% | +14 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.99% | 7.27% | 4.22% | 2.94% | 2.59% | -1.76% | -2.55% | 0.05% | -289 bps | |
| Loan Growth (YoY) | 1.65% | -0.64% | 2.80% | 2.87% | 1.87% | 1.92% | 0.09% | -0.24% | -311 bps | |
| Deposit Growth (YoY) | 2.34% | -0.61% | 0.01% | 4.86% | 5.43% | 3.70% | 3.27% | 0.14% | -472 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 | 0.06% | 0.07% | 0.05% | 0.16% | 0.58% | 0.29% | 0.23% | 0.23% | +6 bps | |
| Allowance / Loans | 1.65% | 1.66% | 1.67% | 1.67% | 1.54% | 1.75% | 1.81% | 1.79% | +12 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 | 23.50% | 22.82% | 23.10% | 23.57% | 22.94% | 23.26% | 23.97% | 23.67% | +11 bps | |
| Equity / Assets | 16.48% | 15.42% | 16.15% | 16.63% | 16.18% | 16.64% | 16.98% | 16.73% | +9 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.88% | 88.23% | 89.14% | 87.87% | 84.92% | 86.71% | 86.39% | 87.54% | -33 bps | |
| Liquid Assets / Assets | 6.47% | 6.77% | 6.97% | 6.15% | 7.03% | 6.88% | 7.15% | 6.75% | +60 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |