Walhalla, SC · Cert 32838
FDIC · 12 branches
Q2 2024
Market Position · Greenville-Anderson-Greer, SC · 2024 SOD (annual) · 0.7% share · #23 of 40 inst. · $0.2B of $25.8B
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 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.13% | 1.04% | 0.72% | 0.77% | 0.72% | 0.69% | 0.60% | 0.67% | -9 bps | |
| Return on Equity | 13.32% | 12.34% | 8.47% | 9.06% | 8.58% | 8.14% | 6.62% | 7.39% | -167 bps | |
| Net Interest Margin | 3.41% | 3.52% | 3.47% | 3.42% | 3.25% | 3.22% | 2.90% | 2.93% | -49 bps | |
| Efficiency Ratio | 72.43% | 73.07% | 74.55% | 73.19% | 74.13% | 75.40% | 83.86% | 80.04% | +685 bps | |
| Non-Interest Burden | 1.93% | 2.15% | 2.46% | 2.35% | 2.28% | 2.31% | 2.37% | 2.24% | -11 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.24% | -1.81% | -3.12% | 3.57% | 6.25% | 3.56% | 1.55% | -2.24% | -582 bps | |
| Loan Growth (YoY) | 0.57% | 1.42% | 6.21% | 9.69% | 9.16% | 5.43% | 1.52% | -1.63% | -1,133 bps | |
| Deposit Growth (YoY) | 5.58% | 0.70% | -2.47% | 0.05% | 2.58% | 1.79% | -0.43% | -3.38% | -342 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.03% | 0.05% | 0.06% | 0.06% | 0.09% | 0.10% | 0.09% | 0.09% | +3 bps | |
| Net Charge-Offs / Loans | -0.02% | -0.02% | -0.02% | -0.02% | 0.02% | 0.01% | 0.00% | 0.00% | +2 bps | |
| Allowance / Loans | 1.16% | 1.15% | 1.19% | 1.19% | 1.18% | 1.19% | 1.20% | 1.13% | -6 bps | |
| Allowance Coverage of NPLs | 34.0x | 23.3x | 21.3x | 19.4x | 12.6x | 12.5x | 13.4x | 12.0x | -7.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.58% | 9.95% | 10.04% | 10.13% | 9.90% | 10.08% | 10.35% | 10.59% | +45 bps | |
| Total Risk-Based Capital | 9.58% | 9.95% | 10.04% | 10.13% | 9.90% | 10.08% | 10.35% | 10.59% | +45 bps | |
| Equity / Assets | 8.14% | 8.40% | 8.59% | 8.38% | 8.10% | 9.00% | 9.01% | 9.26% | +88 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 80.92% | 85.12% | 86.09% | 86.36% | 86.11% | 88.17% | 87.78% | 87.92% | +156 bps | |
| Liquid Assets / Assets | 6.81% | 5.12% | 4.67% | 6.59% | 7.32% | 5.31% | 6.25% | 6.25% | -35 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |