Mooresville, NC · Cert 29873
FDIC
Q3 2008
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.42% | 0.11% | 0.32% | 0.31% | 0.49% | 0.22% | 0.16% | 0.28% | -3 bps | |
| Return on Equity | 3.60% | 1.00% | 2.82% | 2.76% | 4.46% | 2.03% | 1.47% | 2.59% | -17 bps | |
| Net Interest Margin | 3.05% | 2.82% | 3.14% | 3.08% | 2.73% | 2.78% | 2.77% | 3.00% | -7 bps | |
| Efficiency Ratio | 82.90% | 95.47% | 83.06% | 82.20% | 66.42% | 87.61% | 91.68% | 85.57% | +337 bps | |
| Non-Interest Burden | 2.50% | 2.68% | 2.59% | 2.50% | 1.76% | 2.42% | 2.53% | 2.55% | +5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.06% | 5.37% | 2.77% | 5.60% | 1.62% | 4.47% | 3.87% | 2.62% | -298 bps | |
| Loan Growth (YoY) | 10.07% | 8.82% | 6.78% | 3.38% | 2.60% | 0.79% | 1.23% | 2.69% | -68 bps | |
| Deposit Growth (YoY) | 6.72% | 6.60% | 3.51% | 6.80% | 6.39% | 5.29% | 4.61% | 0.12% | -668 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 | 0.00% | 0.32% | 0.00% | 0.02% | 0.26% | 0.61% | 0.00% | 0.01% | -1 bps | |
| Allowance / Loans | 0.63% | 0.54% | 0.54% | 0.53% | 0.59% | 0.44% | 0.44% | 0.43% | -11 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 | 18.80% | 18.47% | 18.40% | 18.22% | 18.31% | 18.02% | 17.84% | 15.48% | -274 bps | |
| Equity / Assets | 11.47% | 11.34% | 11.25% | 10.97% | 11.05% | 10.77% | 10.77% | 10.64% | -34 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.82% | 100.90% | 100.72% | 98.73% | 100.13% | 96.59% | 97.48% | 101.26% | +254 bps | |
| Liquid Assets / Assets | 7.36% | 7.12% | 7.21% | 8.91% | 7.19% | 6.88% | 6.22% | 8.89% | -2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |