Hickory, NC · Cert 34083
FDIC
Q4 2005
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Hickory, NC · Cert 34083
FDIC
Q4 2005
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 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.76% | 0.83% | 0.10% | 0.18% | 0.99% | 0.94% | 0.91% | 0.78% | +60 bps | |
| Return on Equity | 6.39% | 6.97% | 0.89% | 1.56% | 8.60% | 8.13% | 7.75% | 6.60% | +504 bps | |
| Net Interest Margin | 2.90% | 2.95% | 2.99% | 3.05% | 3.32% | 3.37% | 3.47% | 3.44% | +39 bps | |
| Efficiency Ratio | 65.14% | 60.78% | 59.22% | 60.81% | 59.89% | 62.30% | 61.79% | 62.44% | +163 bps | |
| Non-Interest Burden | 1.71% | 1.60% | 1.56% | 1.66% | 1.83% | 1.91% | 1.97% | 1.99% | +33 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.08% | 10.37% | 13.96% | 6.16% | 1.74% | 1.91% | -3.46% | -3.48% | -964 bps | |
| Loan Growth (YoY) | 9.50% | 12.27% | 13.96% | 9.25% | 1.77% | 1.11% | -6.04% | -4.74% | -1,399 bps | |
| Deposit Growth (YoY) | 12.27% | 10.27% | 16.77% | 9.52% | 5.70% | 5.20% | -3.37% | -1.64% | -1,116 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 | 0.46% | 0.29% | 0.20% | 0.50% | 2.56% | 1.31% | 1.25% | 0.94% | +44 bps | |
| Allowance / Loans | 1.21% | 1.24% | 2.43% | 2.33% | 1.78% | 1.78% | 1.67% | 1.88% | -46 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 | 10.90% | 10.96% | 9.71% | 9.74% | 10.24% | 10.40% | 11.02% | 10.97% | +122 bps | |
| Equity / Assets | 11.84% | 11.69% | 11.13% | 11.33% | 11.64% | 11.81% | 12.23% | 12.41% | +108 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 93.43% | 93.06% | 91.58% | 93.39% | 89.96% | 89.43% | 89.05% | 90.45% | -294 bps | |
| Liquid Assets / Assets | 1.55% | 2.11% | 1.65% | 1.52% | 3.64% | 3.15% | 3.93% | 2.33% | +81 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |