Hendersonville, NC · Cert 34438
FDIC
Q3 2003
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 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.73% | 1.27% | 1.19% | 1.15% | 1.01% | 1.05% | 0.99% | 0.92% | -22 bps | |
| Return on Equity | n/a | 16.17% | 15.04% | 14.50% | 12.87% | 13.34% | 12.55% | 11.68% | -282 bps | |
| Net Interest Margin | 3.01% | 4.42% | 4.05% | 3.62% | 3.52% | 3.78% | 3.69% | 3.69% | +7 bps | |
| Efficiency Ratio | 54.51% | 45.30% | 47.88% | 49.27% | 51.28% | 51.57% | 54.64% | 56.54% | +727 bps | |
| Non-Interest Burden | 1.39% | 1.62% | 1.57% | 1.44% | 1.46% | 1.51% | 1.59% | 1.68% | +24 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 116.64% | 110.19% | 70.48% | 75.21% | 49.50% | 37.89% | 27.58% | 17.46% | -5,775 bps | |
| Loan Growth (YoY) | 148.84% | 116.76% | 75.78% | 71.52% | 44.96% | 35.18% | 29.85% | 17.35% | -5,416 bps | |
| Deposit Growth (YoY) | 101.76% | 101.47% | 69.03% | 74.14% | 45.15% | 37.22% | 25.69% | 15.24% | -5,890 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 | 0.10% | 0.09% | 0.09% | 0.13% | 0.17% | 1.02% | 0.54% | 0.51% | +38 bps | |
| Allowance / Loans | 1.45% | 1.56% | 1.62% | 1.58% | 1.57% | 1.50% | 1.59% | 1.65% | +7 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 | 8.85% | 10.15% | 10.37% | 10.04% | 10.01% | 10.03% | 10.05% | 10.14% | +10 bps | |
| Equity / Assets | 7.36% | 8.35% | 8.06% | 7.84% | 7.73% | 7.98% | 7.88% | 8.08% | +24 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 104.32% | 103.84% | 96.16% | 98.74% | 104.19% | 102.30% | 99.34% | 100.55% | +181 bps | |
| Liquid Assets / Assets | 0.15% | 0.04% | 5.26% | 1.49% | 1.95% | 0.20% | 0.14% | 0.09% | -140 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |