Roanoke, VA · Cert 34453
FDIC
Q1 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2006, the quarter ended March 31, 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.
Roanoke, VA · Cert 34453
FDIC
Q1 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 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.49% | 2.55% | 3.05% | 2.74% | 3.26% | 3.81% | 3.84% | 2.75% | +2 bps | |
| Return on Equity | 10.41% | 10.44% | 12.25% | 9.84% | 11.40% | 13.02% | 13.02% | 8.70% | -114 bps | |
| Net Interest Margin | 4.58% | 4.49% | 4.67% | 4.55% | 4.50% | 4.53% | 4.52% | 4.63% | +9 bps | |
| Efficiency Ratio | 70.25% | 68.11% | 67.42% | 73.09% | 70.82% | 68.85% | 68.68% | 77.30% | +422 bps | |
| Non-Interest Burden | -2.72% | -3.53% | -3.66% | -2.65% | -3.62% | -4.42% | -4.44% | -1.69% | +96 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.63% | 6.05% | -5.11% | -2.99% | -6.73% | -5.77% | 1.47% | -1.83% | +116 bps | |
| Loan Growth (YoY) | 3.43% | 1.92% | 3.08% | 4.52% | 1.34% | 1.27% | 3.32% | -1.89% | -640 bps | |
| Deposit Growth (YoY) | -0.20% | -0.20% | -0.20% | 60.95% | 131.36% | 114.79% | 104.35% | 21.69% | -3,926 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 | 3.16% | 3.21% | 2.87% | 2.31% | 2.37% | 2.36% | 2.22% | 1.72% | -59 bps | |
| Allowance / Loans | 8.29% | 8.44% | 7.86% | 7.41% | 7.42% | 7.57% | 6.84% | 7.60% | +19 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 | 27.85% | 28.92% | 28.34% | 30.55% | 31.72% | 33.34% | 31.91% | 35.25% | +470 bps | |
| Equity / Assets | 24.83% | 25.82% | 26.77% | 28.86% | 30.22% | 31.54% | 30.04% | 33.38% | +452 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 38884% | 38536% | 41721% | 24618% | 17031% | 18169% | 21094% | 19848% | -476,970 bps | |
| Liquid Assets / Assets | 0.31% | 0.32% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |