Charleston, SC · Cert 28994
FDIC
Q2 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2013, the quarter ended June 30, 2013, 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.
Charleston, SC · Cert 28994
FDIC
Q2 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 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.48% | -0.60% | 0.36% | 1.00% | 1.00% | 1.05% | 0.83% | 0.98% | -2 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | n/a | n/a | 8.09% | 9.40% | n/a | |
| Net Interest Margin | n/a | n/a | 3.73% | 3.73% | 3.92% | 4.13% | 4.28% | 4.24% | +51 bps | |
| Efficiency Ratio | n/a | n/a | 64.45% | 63.25% | 63.58% | 63.95% | 65.93% | 66.95% | +370 bps | |
| Non-Interest Burden | n/a | n/a | 1.89% | 1.52% | 1.75% | 1.92% | 2.24% | 2.30% | +79 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.15% | -3.36% | -3.29% | 2.71% | 1.26% | 2.20% | 2.30% | -3.97% | -668 bps | |
| Loan Growth (YoY) | -4.37% | -5.68% | -3.41% | 12.75% | 9.77% | 7.29% | 4.33% | -9.06% | -2,181 bps | |
| Deposit Growth (YoY) | -4.16% | -6.72% | -3.24% | 14.25% | 12.27% | 14.70% | 13.64% | -6.18% | -2,043 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 | n/a | n/a | 1.58% | 1.20% | 1.17% | 1.16% | 0.97% | 0.99% | -21 bps | |
| Allowance / Loans | n/a | n/a | 2.11% | 1.81% | 1.76% | 1.73% | 1.89% | 1.76% | -5 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 | n/a | n/a | 14.32% | 14.13% | 14.78% | 15.37% | 15.92% | 16.57% | +244 bps | |
| Equity / Assets | n/a | n/a | 9.05% | 9.33% | 9.75% | 10.17% | 10.41% | 10.79% | +146 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.94% | 104.32% | 104.54% | 99.14% | 99.67% | 97.58% | 95.98% | 96.09% | -305 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.95% | 0.96% | 1.61% | 2.26% | 2.94% | 3.82% | +286 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |