Hartsville, SC · Cert 29999
FDIC · 1 branch
Q4 2023
Market Position · Florence, SC · 2023 SOD (annual) · 0.9% share · #14 of 16 inst. · $0.0B of $3.9B
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 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.33% | -0.82% | -0.78% | -0.92% | -0.82% | -49 bps | |
| Return on Equity | -1.38% | -3.58% | -3.48% | -4.15% | -3.71% | -233 bps | |
| Net Interest Margin | 2.80% | 2.75% | 2.69% | 2.71% | 2.73% | -7 bps | |
| Efficiency Ratio | 128.53% | 127.75% | 126.89% | 131.35% | 128.45% | -8 bps | |
| Non-Interest Burden | 3.65% | 3.57% | 3.45% | 3.61% | 3.55% | -11 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -10.34% | 8.07% | 12.24% | 7.67% | 4.33% | +1,467 bps | |
| Loan Growth (YoY) | 19.39% | 23.81% | 21.94% | 16.83% | 13.15% | -625 bps | |
| Deposit Growth (YoY) | -15.43% | 3.16% | 4.14% | -1.71% | -6.76% | +868 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 1.08% | 0.99% | 0.78% | 0.34% | 0.34% | -74 bps | |
| Net Charge-Offs / Loans | 0.10% | 0.00% | 0.01% | 0.00% | 0.00% | -10 bps | |
| Allowance / Loans | 0.93% | 0.86% | 0.83% | 0.82% | 0.82% | -11 bps | |
| Allowance Coverage of NPLs | 0.9x | 0.9x | 1.1x | 2.4x | 2.4x | +1.6x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 25.57% | 24.90% | 23.77% | 23.28% | 23.68% | -189 bps | |
| Total Risk-Based Capital | 39.94% | 37.75% | 37.16% | 37.62% | 37.72% | -222 bps | |
| Equity / Assets | 23.40% | 22.26% | 21.49% | 21.34% | 21.88% | -152 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 94.33% | 97.82% | 101.71% | 104.51% | 114.46% | +2,013 bps | |
| Liquid Assets / Assets | 21.73% | 20.34% | 20.20% | 18.65% | 16.67% | -506 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |