Bedford, VA · Cert 29550
FDIC
Q1 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2006, the quarter ended March 31, 2006, 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.
Bedford, VA · Cert 29550
FDIC
Q1 2006
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 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.98% | 0.98% | 0.96% | 1.54% | 1.17% | 1.23% | 1.29% | 1.16% | -38 bps | |
| Return on Equity | n/a | n/a | n/a | 10.31% | 7.82% | 8.11% | 8.49% | 7.49% | -282 bps | |
| Net Interest Margin | n/a | n/a | 2.98% | 2.99% | 3.01% | 3.03% | 3.17% | 3.43% | +44 bps | |
| Efficiency Ratio | n/a | n/a | 41.66% | 37.00% | 41.54% | 42.80% | 42.74% | 47.08% | +1,008 bps | |
| Non-Interest Burden | n/a | n/a | 1.19% | 0.39% | 0.90% | 1.04% | 1.14% | 1.54% | +115 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.21% | 1.93% | 3.22% | 2.01% | 2.41% | -0.26% | -2.60% | -0.48% | -249 bps | |
| Loan Growth (YoY) | 10.50% | 5.33% | 6.34% | 3.48% | 2.70% | 1.88% | -2.15% | 1.18% | -230 bps | |
| Deposit Growth (YoY) | 6.51% | 9.07% | 9.83% | 6.64% | -0.73% | 0.64% | 3.98% | 8.40% | +177 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 | 0.01% | 0.02% | 0.01% | 0.01% | 0.01% | 0.00% | -2 bps | |
| Allowance / Loans | n/a | n/a | 0.76% | 0.79% | 0.88% | 0.84% | 0.77% | 0.77% | -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 | n/a | n/a | 11.58% | 11.80% | 11.95% | 12.10% | 11.72% | 11.79% | -1 bps | |
| Equity / Assets | n/a | n/a | 14.81% | 15.00% | 15.03% | 15.74% | 15.55% | 15.47% | +46 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 131.78% | 125.51% | 130.49% | 131.15% | 136.34% | 127.06% | 122.80% | 122.41% | -874 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.36% | 0.35% | 0.38% | 0.42% | 0.14% | 0.07% | -29 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |