Wilkesboro, NC · Cert 33546
FDIC
Q3 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2002, the quarter ended September 30, 2002, 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.
Wilkesboro, NC · Cert 33546
FDIC
Q3 2002
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 2000 | Q1 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.38% | 1.24% | 1.04% | 0.94% | 1.01% | 0.45% | 0.57% | 0.68% | -26 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | n/a | 4.86% | 6.11% | 7.20% | n/a | |
| Net Interest Margin | n/a | 3.99% | 3.66% | 3.54% | 3.39% | 3.26% | 3.40% | 3.43% | -11 bps | |
| Efficiency Ratio | n/a | 59.59% | 65.67% | 69.32% | 69.21% | 80.34% | 76.18% | 73.53% | +421 bps | |
| Non-Interest Burden | n/a | 2.26% | 2.31% | 2.37% | 2.24% | 2.56% | 2.51% | 2.44% | +7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.45% | 4.31% | 5.88% | 9.89% | 16.07% | 13.07% | 12.04% | 15.87% | +598 bps | |
| Loan Growth (YoY) | 2.25% | 5.17% | 7.42% | 10.95% | 24.22% | 23.87% | 27.43% | 28.22% | +1,727 bps | |
| Deposit Growth (YoY) | 5.38% | 2.66% | 5.16% | 10.09% | 12.92% | 15.28% | 13.63% | 17.24% | +716 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 | n/a | 0.31% | 0.12% | 0.37% | 0.38% | 0.08% | 0.03% | 0.03% | -34 bps | |
| Allowance / Loans | n/a | 1.60% | 1.57% | 1.42% | 1.19% | 1.20% | 1.19% | 1.24% | -18 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 | n/a | 15.49% | 15.09% | 14.70% | 13.37% | 13.27% | 12.73% | 12.91% | -180 bps | |
| Equity / Assets | n/a | 9.98% | 9.94% | 10.02% | 9.25% | 9.28% | 9.51% | 9.57% | -45 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.18% | 76.65% | 77.59% | 77.03% | 82.70% | 82.36% | 87.02% | 84.24% | +721 bps | |
| Liquid Assets / Assets | 0.00% | 3.21% | 2.18% | 2.44% | 3.26% | 1.89% | 2.35% | 1.51% | -92 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |