Southport, NC · Cert 28139
FDIC
Q3 2013
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 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.45% | -1.56% | -2.55% | -2.68% | -2.66% | 0.24% | -0.32% | -1.12% | +156 bps | |
| Return on Equity | -10.19% | -36.23% | -63.21% | -71.11% | -74.83% | 8.88% | -12.22% | -44.89% | +2,622 bps | |
| Net Interest Margin | 2.72% | 2.47% | 2.51% | 2.51% | 2.65% | 2.46% | 2.47% | 2.47% | -4 bps | |
| Efficiency Ratio | 99.80% | 189.53% | 334% | 337% | 313% | 93.08% | 111.76% | 153.55% | -18,301 bps | |
| Non-Interest Burden | 2.72% | 4.04% | 4.85% | 4.91% | 5.14% | 2.22% | 2.81% | 3.64% | -127 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -12.16% | -14.84% | -17.57% | -15.87% | -22.10% | -23.90% | -22.36% | -21.46% | -559 bps | |
| Loan Growth (YoY) | -19.58% | -19.64% | -21.59% | -19.81% | -20.08% | -19.99% | -18.62% | -20.29% | -49 bps | |
| Deposit Growth (YoY) | -11.83% | -16.42% | -19.42% | -16.98% | -24.34% | -25.20% | -23.81% | -22.71% | -573 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 | 2.14% | 4.03% | 3.19% | 2.47% | 2.05% | 2.91% | 2.70% | 2.28% | -19 bps | |
| Allowance / Loans | 4.43% | 3.68% | 3.69% | 3.90% | 4.16% | 3.67% | 3.32% | 3.25% | -64 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 | 8.32% | 8.02% | 7.03% | 6.06% | 5.31% | 5.59% | 5.55% | 4.63% | -142 bps | |
| Equity / Assets | 4.39% | 4.22% | 3.47% | 2.88% | 2.55% | 2.80% | 2.63% | 2.00% | -87 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 82.77% | 83.05% | 79.81% | 80.32% | 87.42% | 88.82% | 85.24% | 82.83% | +251 bps | |
| Liquid Assets / Assets | 23.57% | 23.07% | 25.92% | 26.45% | 21.89% | 20.54% | 23.82% | 26.05% | -40 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |