Washington, NC · Cert 31084
FDIC · 28 branches
Q3 2017
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2017, the quarter ended September 30, 2017, 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.
Washington, NC · Cert 31084
FDIC · 28 branches
Q3 2017
Market Position · Rocky Mount, NC · 2017 SOD (annual) · 5.1% share · #7 of 11 inst. · $0.1B of $2.1B
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 2015 | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.56% | 0.67% | 0.70% | 0.74% | 0.77% | 0.79% | 0.82% | 0.93% | +19 bps | |
| Return on Equity | 5.62% | 6.76% | 7.05% | 7.48% | 7.82% | 8.25% | 8.55% | 9.74% | +227 bps | |
| Net Interest Margin | 3.26% | 3.43% | 3.46% | 3.43% | 3.38% | 3.50% | 3.48% | 3.51% | +9 bps | |
| Efficiency Ratio | 83.99% | 80.19% | 78.37% | 76.35% | 75.41% | 73.51% | 72.11% | 69.40% | -695 bps | |
| Non-Interest Burden | 2.52% | 2.48% | 2.42% | 2.30% | 2.23% | 2.24% | 2.16% | 2.06% | -24 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.83% | 6.84% | 6.82% | 7.87% | 4.73% | 10.60% | 10.39% | 8.95% | +108 bps | |
| Loan Growth (YoY) | 25.91% | 29.18% | 22.61% | 20.73% | 15.51% | 13.74% | 16.16% | 13.74% | -700 bps | |
| Deposit Growth (YoY) | 2.89% | 4.41% | 6.78% | 9.81% | 7.46% | 12.44% | 12.86% | 10.05% | +24 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.38% | 0.32% | 0.29% | +29 bps | |
| Net Charge-Offs / Loans | 0.07% | -0.03% | 0.02% | 0.03% | 0.02% | 0.00% | 0.01% | -0.01% | -3 bps | |
| Allowance / Loans | 1.29% | 1.27% | 1.24% | 1.23% | 1.23% | 1.23% | 1.20% | 1.22% | -1 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | 3.2x | 3.7x | 4.1x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.67% | 8.74% | 8.86% | 8.89% | 8.89% | 8.89% | 8.84% | 8.96% | +7 bps | |
| Total Risk-Based Capital | 13.29% | 13.10% | 12.95% | 13.10% | 13.01% | 12.79% | 12.57% | 12.95% | -15 bps | |
| Equity / Assets | 9.71% | 9.99% | 10.09% | 9.92% | 9.71% | 9.47% | 9.48% | 9.61% | -30 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.25% | 78.30% | 81.57% | 80.07% | 80.89% | 79.20% | 83.95% | 82.75% | +268 bps | |
| Liquid Assets / Assets | 1.96% | 1.96% | 1.70% | 3.85% | 2.35% | 4.72% | 1.61% | 3.44% | -41 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |