Burlington, NC · Cert 34454
FDIC
Q2 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2011, the quarter ended June 30, 2011, 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.
Burlington, NC · Cert 34454
FDIC
Q2 2011
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 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.58% | 0.50% | -0.11% | 0.23% | 0.27% | 0.24% | 0.28% | -2.55% | -279 bps | |
| Return on Equity | 6.86% | 5.86% | -1.32% | 2.68% | 3.07% | 2.68% | 3.05% | -28.11% | -3,079 bps | |
| Net Interest Margin | 3.11% | 3.13% | 3.29% | 3.18% | 3.21% | 3.28% | 3.39% | 3.54% | +36 bps | |
| Efficiency Ratio | 58.71% | 59.60% | 55.04% | 57.36% | 58.18% | 61.38% | 65.67% | 348% | +29,106 bps | |
| Non-Interest Burden | 1.62% | 1.68% | 1.60% | 1.66% | 1.69% | 1.88% | 2.15% | 6.36% | +470 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.74% | 0.01% | 2.18% | 2.12% | -1.04% | -1.64% | -5.68% | -14.85% | -1,696 bps | |
| Loan Growth (YoY) | 5.60% | 0.84% | -3.46% | -3.70% | -6.76% | -8.11% | -10.65% | -13.43% | -973 bps | |
| Deposit Growth (YoY) | 8.67% | -0.63% | 2.79% | 2.77% | 0.66% | 0.28% | -4.47% | -14.23% | -1,700 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 | 0.50% | 0.63% | 1.55% | 1.05% | 1.13% | 1.12% | 0.76% | 1.54% | +49 bps | |
| Allowance / Loans | 1.55% | 1.67% | 1.90% | 2.00% | 2.14% | 2.29% | 2.50% | 2.37% | +37 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 | 11.55% | 11.80% | 11.77% | 12.17% | 12.60% | 13.03% | 13.38% | 11.44% | -73 bps | |
| Equity / Assets | 8.69% | 8.89% | 8.42% | 8.67% | 9.02% | 9.10% | 9.14% | 9.03% | +36 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.87% | 94.26% | 87.77% | 87.38% | 85.10% | 86.38% | 82.09% | 88.20% | +82 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 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 |