PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

FNB-Southwest, National Association

Roanoke, VA · Cert 27798

FDIC

Q1 2002

$86.0MAssets
$58.2MLoans
$70.4MDeposits
$6.7MEquity
Loan mix
95%RE $37.9M5%C&I $2.1M0%Consumer $0.0MQ1 2001Q1 2002
Deposit mix
95%Interest-bearing $67.0M5%Noninterest $3.4MQ1 2001Q1 2002

NIM

4.23%Q4 ’016.31%Q1 ’02+68%

Non-interest income vs. expense

1.86%Q4 ’012.89%Q1 ’02+72%

Executive Summary

  • Earnings: ROA of 0.43%, up 5 bps year over year; NIM at 3.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 82.68% of deposits as of Q1 2002.

Financial Results

Return on Assets (YTD, annualized)

0.43%+5 bps YoY

Net Interest Margin (YTD, annualized)

3.47%

Efficiency Ratio (YTD, annualized)

78.18%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2001Q2 2001Q3 2001Q4 2001Q1 2002YoY ΔTrend
Earnings
Return on Assets0.39%0.33%0.33%0.35%0.43%+5 bps
Return on Equityn/an/an/an/a5.68%n/an/a
Net Interest Marginn/an/an/a2.06%3.47%n/a
Efficiency Ration/an/an/a78.45%78.18%n/a
Non-Interest Burdenn/an/an/a1.55%2.66%n/a
Growth
Asset Growth (YoY)8.23%12.22%12.25%7.30%-4.83%-1,307 bps
Loan Growth (YoY)9.33%5.11%5.37%6.49%1.02%-831 bps
Deposit Growth (YoY)14.04%19.51%14.57%13.22%-5.86%-1,990 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/a0.04%0.00%n/a
Allowance / Loansn/an/an/a1.35%1.43%n/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capitaln/an/an/a11.21%11.99%n/a
Equity / Assetsn/an/an/a7.49%7.84%n/a
Liquidity & Funding
Loans / Deposits77.05%72.73%76.01%78.53%82.68%+564 bps
Liquid Assets / Assets0.00%0.00%0.00%2.14%2.42%+242 bps
CRE / Total Capitaln/an/an/an/an/an/an/a