Charlottesville, VA · Cert 32073
FDIC
Q2 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2004, the quarter ended June 30, 2004, 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.
Charlottesville, VA · Cert 32073
FDIC
Q2 2004
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 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.04% | 1.07% | 2.49% | 1.24% | 1.25% | 1.20% | 0.96% | 0.30% | -93 bps | |
| Return on Equity | 9.77% | 9.77% | 19.40% | 10.38% | 10.93% | 10.83% | 9.71% | 2.10% | -828 bps | |
| Net Interest Margin | 4.48% | 4.61% | 4.54% | 4.59% | 4.51% | 4.39% | 4.42% | 1.26% | -333 bps | |
| Efficiency Ratio | 73.15% | 72.90% | 54.70% | 62.17% | 66.46% | 67.39% | 73.50% | 65.97% | +380 bps | |
| Non-Interest Burden | 2.97% | 3.03% | 0.94% | 1.90% | 2.22% | 2.33% | 2.96% | 0.85% | -104 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -13.11% | -12.51% | -12.73% | -10.07% | -3.17% | 1.12% | 10.27% | 34.09% | +4,417 bps | |
| Loan Growth (YoY) | -4.72% | -8.11% | -4.36% | -2.84% | -9.51% | -4.52% | 2.64% | 6.53% | +937 bps | |
| Deposit Growth (YoY) | -18.19% | -14.68% | -12.82% | -4.64% | 1.99% | 2.51% | 12.47% | 15.55% | +2,019 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 | 0.04% | 0.22% | -0.01% | 1.28% | 0.94% | 0.68% | 0.00% | -0.23% | -152 bps | |
| Allowance / Loans | 1.51% | 1.35% | 1.43% | 1.38% | 1.31% | 1.27% | 1.25% | 1.33% | -5 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 | 15.44% | 15.98% | 17.50% | 13.37% | 13.81% | 13.70% | 13.34% | 12.04% | -133 bps | |
| Equity / Assets | 11.72% | 12.37% | 13.33% | 10.04% | 9.91% | 10.00% | 9.74% | 21.66% | +1,162 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 97.37% | 96.68% | 97.56% | 94.75% | 86.39% | 90.06% | 89.04% | 87.35% | -740 bps | |
| Liquid Assets / Assets | 2.26% | 4.07% | 4.49% | 4.11% | 11.61% | 7.90% | 7.84% | 2.11% | -201 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |