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Catawba Valley Bank

Hickory, NC · Cert 34083

FDIC

Q4 2005

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2005, the quarter ended December 31, 2005, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Catawba Valley Bank

Hickory, NC · Cert 34083

FDIC

Q4 2005

$439.7MAssets
$332.4MLoans
$367.5MDeposits
$54.6MEquity
Loan mix
33%RE $77.4M66%C&I $152.8M1%Consumer $2.1MQ4 2004Q4 2005
Deposit mix
91%Interest-bearing $335.7M9%Noninterest $31.8MQ4 2004Q4 2005

NIM

4.97%Q4 ’034.77%Q4 ’045.67%Q4 ’05-1%+13%

Non-interest income vs. expense

2.47%Q4 ’032.32%Q4 ’042.59%Q4 ’05+7%+20%

Executive Summary

  • Earnings: ROA of 0.78%, up 60 bps year over year; NIM at 3.44%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.94%.
  • Funding: loans stand at 90.45% of deposits as of Q4 2005.

Financial Results

Return on Assets (YTD, annualized)

0.78%+60 bps YoY

Net Interest Margin (YTD, annualized)

3.44%+39 bps YoY

Efficiency Ratio (YTD, annualized)

62.44%+163 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2004Q1 2005Q2 2005Q3 2005Q4 2005YoY ΔTrend
Earnings
Return on Assets0.18%0.99%0.94%0.91%0.78%+60 bps
Return on Equity1.56%8.60%8.13%7.75%6.60%+504 bps
Net Interest Margin3.05%3.32%3.37%3.47%3.44%+39 bps
Efficiency Ratio60.81%59.89%62.30%61.79%62.44%+163 bps
Non-Interest Burden1.66%1.83%1.91%1.97%1.99%+33 bps
Growth
Asset Growth (YoY)6.16%1.74%1.91%-3.46%-3.48%-964 bps
Loan Growth (YoY)9.25%1.77%1.11%-6.04%-4.74%-1,399 bps
Deposit Growth (YoY)9.52%5.70%5.20%-3.37%-1.64%-1,116 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.50%2.56%1.31%1.25%0.94%+44 bps
Allowance / Loans2.33%1.78%1.78%1.67%1.88%-46 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital9.74%10.24%10.40%11.02%10.97%+122 bps
Equity / Assets11.33%11.64%11.81%12.23%12.41%+108 bps
Liquidity & Funding
Loans / Deposits93.39%89.96%89.43%89.05%90.45%-294 bps
Liquid Assets / Assets1.52%3.64%3.15%3.93%2.33%+81 bps
CRE / Total Capitaln/an/an/an/an/an/an/a