Fredericksburg, VA · Cert 34201
FDIC
Q3 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2006, the quarter ended September 30, 2006, 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.
Fredericksburg, VA · Cert 34201
FDIC
Q3 2006
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 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.99% | 0.87% | 0.88% | 0.85% | 0.82% | 0.87% | 0.82% | 0.87% | +2 bps | |
| Return on Equity | 13.06% | 11.40% | 11.52% | 11.18% | 10.66% | 10.95% | 10.12% | 10.51% | -67 bps | |
| Net Interest Margin | 3.23% | 3.32% | 3.35% | 3.22% | 3.27% | 3.47% | 3.50% | 3.56% | +34 bps | |
| Efficiency Ratio | 63.96% | 66.87% | 66.88% | 67.68% | 69.64% | 69.12% | 70.65% | 69.27% | +159 bps | |
| Non-Interest Burden | 1.88% | 2.09% | 2.12% | 2.06% | 2.17% | 2.29% | 2.38% | 2.36% | +30 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.25% | 6.40% | 8.28% | 8.09% | 4.11% | 1.46% | -4.36% | -6.61% | -1,469 bps | |
| Loan Growth (YoY) | 22.47% | 25.48% | 19.71% | 6.03% | 13.19% | 7.10% | 6.35% | 1.85% | -418 bps | |
| Deposit Growth (YoY) | 7.99% | 6.18% | 8.25% | 7.98% | 3.98% | 1.11% | -5.17% | -7.75% | -1,573 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 | 0.08% | 0.10% | -0.09% | -0.06% | -0.03% | 0.01% | 0.01% | 0.01% | +7 bps | |
| Allowance / Loans | 1.20% | 1.14% | 1.22% | 1.21% | 1.13% | 1.16% | 1.18% | 1.22% | +1 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 | 13.77% | 13.65% | 13.72% | 13.90% | 13.53% | 13.97% | 14.00% | 14.40% | +50 bps | |
| Equity / Assets | 7.69% | 7.66% | 7.51% | 7.60% | 7.90% | 8.07% | 8.36% | 8.68% | +108 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 63.10% | 63.68% | 61.23% | 61.98% | 68.69% | 67.45% | 68.68% | 68.44% | +646 bps | |
| Liquid Assets / Assets | 25.15% | 30.36% | 26.91% | 26.52% | 28.59% | 27.14% | 26.63% | 28.09% | +157 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |