Mechanicsville, VA · Cert 34442
FDIC
Q2 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2002, the quarter ended June 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.
Mechanicsville, VA · Cert 34442
FDIC
Q2 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 2000 | Q4 2000 | Q1 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.38% | 0.33% | 0.42% | 0.37% | 0.35% | 0.29% | 0.40% | -1.23% | -160 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | n/a | n/a | 4.82% | -15.25% | n/a | |
| Net Interest Margin | n/a | n/a | 3.36% | 3.18% | 3.05% | 3.05% | 3.45% | 3.84% | +66 bps | |
| Efficiency Ratio | n/a | n/a | 79.48% | 81.37% | 80.84% | 77.80% | 71.35% | 75.11% | -626 bps | |
| Non-Interest Burden | n/a | n/a | 2.41% | 2.37% | 2.26% | 2.13% | 2.17% | 2.73% | +36 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 30.23% | 28.11% | 28.69% | 32.34% | 21.97% | 18.77% | 13.03% | 3.48% | -2,886 bps | |
| Loan Growth (YoY) | 24.27% | 23.32% | 31.12% | 33.96% | 33.24% | 29.22% | 16.40% | 6.93% | -2,702 bps | |
| Deposit Growth (YoY) | 34.35% | 30.98% | 31.16% | 35.16% | 23.43% | 20.26% | 14.10% | 4.94% | -3,022 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 | n/a | n/a | 0.02% | 0.06% | 0.04% | 0.50% | 0.02% | 3.28% | +321 bps | |
| Allowance / Loans | n/a | n/a | 1.27% | 1.23% | 1.28% | 1.12% | 1.36% | 1.46% | +22 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 | n/a | n/a | 12.40% | 11.80% | 11.51% | 10.91% | 11.41% | 10.87% | -93 bps | |
| Equity / Assets | n/a | n/a | 9.07% | 8.57% | 8.41% | 8.09% | 8.30% | 7.80% | -77 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 80.02% | 80.49% | 84.20% | 83.97% | 86.37% | 86.48% | 85.90% | 85.57% | +160 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 11.23% | 12.10% | 11.94% | 8.74% | 7.03% | -420 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |