Gaffney, SC · Cert 34237
FDIC
Q1 2005
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.88% | 0.89% | 0.54% | 0.67% | -0.17% | 1.00% | 1.33% | 1.19% | +52 bps | |
| Return on Equity | 11.16% | 10.66% | 6.47% | 7.01% | -1.00% | 4.59% | 6.13% | 5.56% | -145 bps | |
| Net Interest Margin | 4.09% | 4.15% | 4.38% | 4.27% | 4.32% | 3.85% | 3.96% | 3.97% | -30 bps | |
| Efficiency Ratio | 68.37% | 70.28% | 79.60% | 79.48% | 52.63% | 61.24% | 47.64% | 53.48% | -2,600 bps | |
| Non-Interest Burden | 2.46% | 2.46% | 3.28% | 3.18% | 1.78% | 2.15% | 1.64% | 1.95% | -123 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 29.83% | 16.29% | 9.08% | -7.09% | 11.32% | 13.90% | 13.39% | 18.02% | +2,511 bps | |
| Loan Growth (YoY) | 14.22% | 10.33% | 12.45% | 6.66% | 8.74% | 2.56% | 0.95% | 1.87% | -479 bps | |
| Deposit Growth (YoY) | 31.58% | 18.07% | 10.42% | -7.83% | -3.42% | -3.15% | -9.91% | -0.56% | +726 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 | 0.09% | 0.48% | 0.04% | -0.05% | -0.01% | -0.08% | 0.42% | 0.10% | +15 bps | |
| Allowance / Loans | 1.22% | 1.14% | 1.15% | 1.22% | 1.24% | 1.34% | 1.26% | 1.31% | +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 | 11.29% | 11.33% | 10.93% | 14.16% | 10.71% | 10.93% | 13.66% | 15.38% | +123 bps | |
| Equity / Assets | 8.13% | 8.52% | 8.16% | 11.01% | 21.52% | 22.18% | 21.11% | 21.83% | +1,083 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 84.10% | 89.89% | 88.77% | 90.32% | 94.70% | 95.19% | 99.47% | 92.53% | +222 bps | |
| Liquid Assets / Assets | 0.31% | 0.29% | 0.21% | 0.21% | 0.17% | 0.16% | 1.43% | 2.13% | +192 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |