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 (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.33% | 1.42% | -0.89% | -0.46% | -0.82% | -0.74% | -1.18% | -0.52% | -6 bps | |
| Return on Equity | -5.57% | 5.71% | -3.64% | -1.94% | -3.58% | -3.38% | -5.49% | -2.40% | -46 bps | |
| Net Interest Margin | 2.40% | 3.00% | 2.92% | 3.05% | 2.75% | 2.73% | 2.80% | 2.60% | -45 bps | |
| Efficiency Ratio | 152.66% | 123.08% | 129.01% | 113.78% | 127.75% | 126.03% | 139.90% | 119.13% | +535 bps | |
| Non-Interest Burden | 3.74% | 3.72% | 3.83% | 3.50% | 3.57% | 3.47% | 3.97% | 3.12% | -38 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -17.09% | -19.08% | -12.76% | -10.34% | 8.07% | 12.24% | 7.67% | 4.33% | +1,467 bps | |
| Loan Growth (YoY) | -25.01% | 16.46% | 21.41% | 19.39% | 23.81% | 21.94% | 16.83% | 13.15% | -625 bps | |
| Deposit Growth (YoY) | -18.40% | -21.29% | -13.42% | -15.43% | 3.16% | 4.14% | -1.71% | -6.76% | +868 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.37% | 1.13% | 1.06% | 1.08% | 0.99% | 0.78% | 0.34% | 0.34% | -74 bps | |
| Net Charge-Offs / Loans | 0.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.42% | 0.52% | 0.49% | 0.93% | 0.86% | 0.83% | 0.82% | 0.82% | -11 bps | |
| Allowance Coverage of NPLs | 0.6x | 0.5x | 0.5x | 0.9x | 0.9x | 1.1x | 2.4x | 2.4x | +1.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 25.10% | 27.24% | 27.07% | 25.57% | 24.90% | 23.77% | 23.28% | 23.68% | -189 bps | |
| Total Risk-Based Capital | 44.20% | 43.23% | 41.61% | 39.94% | 37.75% | 37.16% | 37.62% | 37.72% | -222 bps | |
| Equity / Assets | 24.74% | 25.12% | 23.94% | 23.40% | 22.26% | 21.49% | 21.34% | 21.88% | -152 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.50% | 86.86% | 87.93% | 94.33% | 97.82% | 101.71% | 104.51% | 114.46% | +2,013 bps | |
| Liquid Assets / Assets | 15.43% | 23.64% | 22.81% | 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 | n/a | n/a | n/a |