Rock Hill, SC · Cert 34177
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.
Rock Hill, SC · Cert 34177
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 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -1.80% | 0.10% | 0.97% | -10.43% | -18.06% | -1,626 bps | |
| Return on Equity | n/a | n/a | 11.98% | -169.01% | -519% | n/a | |
| Net Interest Margin | 3.30% | 3.20% | 3.49% | 3.01% | 3.28% | -2 bps | |
| Efficiency Ratio | 156.60% | 67.52% | 54.71% | 64.76% | 69.08% | -8,752 bps | |
| Non-Interest Burden | 5.33% | 2.07% | 1.79% | 1.86% | 2.18% | -316 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 17.41% | 16.61% | 15.36% | 16.14% | -8.23% | -2,564 bps | |
| Loan Growth (YoY) | 17.21% | 22.57% | 20.64% | 17.00% | 9.86% | -736 bps | |
| Deposit Growth (YoY) | 15.96% | 14.25% | 21.23% | 30.78% | 6.93% | -903 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.03% | 0.99% | 0.00% | 12.84% | 12.93% | +1,291 bps | |
| Allowance / Loans | 1.64% | 1.03% | 1.04% | 4.34% | 9.92% | +828 bps | |
| Allowance Coverage of NPLs | 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 |
| Total Risk-Based Capital | 10.16% | 10.86% | 10.66% | 2.87% | -7.21% | -1,737 bps | |
| Equity / Assets | 7.28% | 8.24% | 7.90% | 2.54% | -6.24% | -1,353 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 100.87% | 102.42% | 101.11% | 95.38% | 103.63% | +276 bps | |
| Liquid Assets / Assets | 0.08% | 1.13% | 0.14% | 0.59% | 0.01% | -7 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |