Eden, NC · Cert 28010
FDIC
Q4 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2004, the quarter ended December 31, 2004, 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.
Eden, NC · Cert 28010
FDIC
Q4 2004
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 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.72% | 0.87% | 0.76% | 0.72% | 0.44% | 0.54% | 0.54% | 0.55% | -17 bps | |
| Return on Equity | 4.46% | 5.39% | 4.74% | 4.48% | 2.73% | 3.43% | 3.38% | 3.42% | -105 bps | |
| Net Interest Margin | 2.76% | 2.57% | 2.50% | 2.46% | 2.33% | 2.34% | 2.42% | 2.47% | +1 bps | |
| Efficiency Ratio | 63.16% | 57.51% | 60.20% | 61.89% | 71.39% | 65.79% | 66.25% | 66.56% | +467 bps | |
| Non-Interest Burden | 1.64% | 1.24% | 1.32% | 1.37% | 1.60% | 1.45% | 1.52% | 1.56% | +19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 15.14% | 19.25% | 16.20% | 10.90% | 1.09% | 0.95% | -1.11% | -2.32% | -1,322 bps | |
| Loan Growth (YoY) | -0.37% | -6.41% | -9.49% | -10.47% | -10.50% | -7.33% | -2.91% | 0.62% | +1,109 bps | |
| Deposit Growth (YoY) | 17.71% | 22.08% | 18.70% | 12.12% | 0.67% | 1.16% | -2.02% | -3.28% | -1,539 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 | -0.01% | 0.10% | 0.15% | 0.13% | 0.03% | 0.06% | 0.08% | 0.09% | -4 bps | |
| Allowance / Loans | 0.59% | 0.59% | 0.58% | 0.61% | 0.64% | 0.65% | 0.65% | 0.64% | +3 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 | 33.66% | 34.09% | 35.58% | 36.33% | 37.49% | 38.07% | 38.31% | 38.44% | +212 bps | |
| Equity / Assets | 15.63% | 15.93% | 15.72% | 15.85% | 16.03% | 15.59% | 16.33% | 16.48% | +63 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 63.41% | 60.96% | 57.69% | 56.63% | 56.37% | 55.84% | 57.16% | 58.91% | +228 bps | |
| Liquid Assets / Assets | 4.65% | 3.38% | 2.10% | 7.68% | 1.84% | 2.71% | 2.73% | 2.95% | -473 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |