Whiteville, NC · Cert 34515
FDIC
Q1 2012
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2012, the quarter ended March 31, 2012, 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.
Whiteville, NC · Cert 34515
FDIC
Q1 2012
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 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.13%1 | -0.06% | -2.64% | 0.23% | -0.53% | -2.99% | -3.68% | -2.54% | -276 bps | |
| Return on Equity | 2.42% | -1.13% | -49.04% | 4.67% | -11.24% | -71.30% | -101.90% | -276% | -28,075 bps | |
| Net Interest Margin | 2.03% | 2.10% | 2.02% | 2.43% | 2.38% | 2.35% | 2.34% | 2.19% | -24 bps | |
| Efficiency Ratio | 82.23% | 94.35% | 101.63% | 80.07% | 86.38% | 114.99% | 146.01% | 120.35% | +4,028 bps | |
| Non-Interest Burden | 1.54% | 1.95% | 2.09% | 1.78% | 1.94% | 2.84% | 3.82% | 2.81% | +103 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.04% | 5.25% | 2.86% | 0.19% | 1.64% | 3.59% | 1.81% | -9.10% | -928 bps | |
| Loan Growth (YoY) | -11.98% | -16.09% | 15.66% | 15.47% | 14.00% | 14.49% | -16.13% | -17.12% | -3,259 bps | |
| Deposit Growth (YoY) | 2.59% | 9.76% | 5.01% | 1.10% | 3.30% | 9.66% | 8.20% | -4.25% | -535 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 | 0.63% | 1.61% | 1.68% | 3.11% | 1.89% | 4.83% | 4.68% | 3.40% | +29 bps | |
| Allowance / Loans | 3.26% | 3.03% | 3.84% | 3.39% | 4.07% | 4.32% | 4.06% | 4.18% | +80 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 | 10.65% | 10.46% | 8.49% | 8.60% | 8.45% | 5.87% | 3.99% | 2.49% | -611 bps | |
| Equity / Assets | 5.44% | 5.75% | 4.92% | 4.72% | 4.52% | 2.66% | 1.22% | 0.61% | -412 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 70.25% | 66.64% | 88.93% | 80.11% | 77.52% | 69.58% | 68.94% | 69.34% | -1,077 bps | |
| Liquid Assets / Assets | 11.98% | 14.25% | 5.13% | 9.23% | 10.08% | 17.41% | 17.08% | 16.97% | +774 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |