Christiansted, VI · Cert 33964
FDIC
Q4 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2007, the quarter ended December 31, 2007, 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.
Christiansted, VI · Cert 33964
FDIC
Q4 2007
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 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.51% | 0.59% | 0.69% | 0.52% | 0.52% | 0.46% | -8.04% | -6.31% | -683 bps | |
| Return on Equity | 8.63% | 10.85% | 12.13% | 8.81% | 7.49% | 6.77% | -157.32% | -143.36% | -15,217 bps | |
| Net Interest Margin | 4.68% | 5.16% | 5.40% | 5.48% | 4.99% | 5.04% | 5.24% | 5.49% | 0 bps | |
| Efficiency Ratio | 91.04% | 86.10% | 84.60% | 87.05% | 89.96% | 90.75% | 101.28% | 102.77% | +1,573 bps | |
| Non-Interest Burden | 4.19% | 4.34% | 4.46% | 4.67% | 4.39% | 4.48% | 5.32% | 5.67% | +100 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.84% | 9.56% | 0.24% | -2.01% | -12.68% | -16.53% | -11.14% | -17.15% | -1,514 bps | |
| Loan Growth (YoY) | -12.07% | -9.53% | -9.01% | -8.03% | -5.60% | -5.66% | 1.08% | -0.41% | +762 bps | |
| Deposit Growth (YoY) | 5.49% | 10.37% | -3.24% | -2.36% | -14.45% | -17.04% | -6.54% | -12.29% | -993 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 | 0.14% | 0.36% | 0.25% | 0.17% | 0.21% | 0.10% | 24.96% | 19.06% | +1,889 bps | |
| Allowance / Loans | 1.30% | 1.16% | 1.20% | 1.23% | 1.19% | 1.20% | 0.98% | 1.15% | -9 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 | 22.78% | 20.96% | 27.14% | 27.95% | 29.02% | 25.37% | 8.26% | 8.58% | -1,937 bps | |
| Equity / Assets | 5.46% | 4.49% | 6.60% | 6.68% | 7.26% | 6.24% | 0.00% | 1.12% | -556 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 30.42% | 29.17% | 32.30% | 32.40% | 33.56% | 33.17% | 34.93% | 36.79% | +439 bps | |
| Liquid Assets / Assets | 7.03% | 1.85% | 1.23% | 0.62% | 3.97% | 3.98% | 2.14% | 2.69% | +207 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |