Lumberton, NC · Cert 32349
FDIC
Q2 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2006, the quarter ended June 30, 2006, 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.
Lumberton, NC · Cert 32349
FDIC
Q2 2006
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 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.96% | 0.93% | 1.01% | 1.02% | 1.01% | 1.04% | 0.95% | 0.94% | -8 bps | |
| Return on Equity | 8.59% | 8.16% | 8.45% | 8.56% | 8.45% | 8.64% | 8.09% | 8.13% | -43 bps | |
| Net Interest Margin | 4.76% | 4.86% | 4.71% | 4.70% | 4.67% | 4.58% | 4.28% | 4.15% | -55 bps | |
| Efficiency Ratio | 74.10% | 75.22% | 73.98% | 73.74% | 73.72% | 73.04% | 74.74% | 73.81% | +7 bps | |
| Non-Interest Burden | 3.25% | 3.38% | 3.23% | 3.19% | 3.16% | 3.04% | 2.86% | 2.73% | -46 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -4.55% | -5.25% | -5.19% | -3.97% | 3.00% | 3.03% | 10.20% | 8.72% | +1,269 bps | |
| Loan Growth (YoY) | -4.40% | 0.33% | 1.71% | 5.80% | 4.97% | -0.96% | -0.34% | 0.15% | -565 bps | |
| Deposit Growth (YoY) | -5.81% | -6.60% | -6.20% | -5.14% | 2.77% | 2.65% | 10.79% | 9.22% | +1,436 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 | -0.09% | -0.11% | -0.01% | 0.08% | -0.16% | -0.12% | 0.00% | 0.10% | +2 bps | |
| Allowance / Loans | 2.42% | 2.33% | 2.32% | 2.23% | 2.48% | 2.48% | 2.46% | 2.35% | +12 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 | 21.88% | 21.26% | 20.68% | 20.11% | 20.93% | 21.41% | 19.95% | 19.91% | -20 bps | |
| Equity / Assets | 11.85% | 12.21% | 11.71% | 11.92% | 11.91% | 12.38% | 11.08% | 11.39% | -53 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 62.45% | 67.97% | 66.61% | 67.78% | 63.78% | 65.57% | 59.92% | 62.15% | -562 bps | |
| Liquid Assets / Assets | 17.29% | 13.33% | 17.06% | 16.13% | 20.63% | 13.28% | 19.57% | 20.22% | +410 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |