PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

People's Community Bank of South Carolina

Aiken, SC · Cert 34529

FDIC

Q1 2005

$129.9MAssets
$81.0MLoans
$112.8MDeposits
$10.2MEquity
Loan mix
66%RE $21.9M33%C&I $11.0M0%Consumer $0.1MQ1 2004Q1 2005
Deposit mix
84%Interest-bearing $95.1M16%Noninterest $17.7MQ1 2004Q1 2005

NIM

4.81%Q1 ’034.84%Q1 ’045.23%Q1 ’05+16%-1%

Non-interest income vs. expense

3.02%Q1 ’032.72%Q1 ’042.55%Q1 ’05-1%+2%

Executive Summary

  • Earnings: ROA of 1.13%, up 1 bps year over year; NIM at 3.84%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 71.80% of deposits as of Q1 2005.

Financial Results

Return on Assets (quarter, annualized)

1.13%+1 bps YoY

Net Interest Margin (quarter, annualized)

3.84%-5 bps YoY

Efficiency Ratio (quarter, annualized)

57.79%-53 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2004Q2 2004Q3 2004Q4 2004Q1 2005YoY ΔTrend
Earnings
Return on Assets1.12%1.19%1.21%0.79%1.13%+1 bps
Return on Equity13.70%15.35%15.44%9.70%14.14%+43 bps
Net Interest Margin3.90%3.88%4.09%3.96%3.84%-5 bps
Efficiency Ratio58.32%56.58%58.50%75.24%57.79%-53 bps
Non-Interest Burden1.95%1.89%2.15%2.84%1.98%+3 bps
Growth
Asset Growth (YoY)15.61%11.30%15.61%18.11%9.89%-572 bps
Loan Growth (YoY)14.49%14.28%28.09%17.16%14.66%+18 bps
Deposit Growth (YoY)15.61%11.96%10.48%15.41%7.21%-840 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.16%0.32%-0.01%0.03%0.00%+16 bps
Allowance / Loans1.45%1.43%1.35%1.40%1.39%-6 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital12.23%11.70%11.92%12.53%12.06%-17 bps
Equity / Assets7.90%7.61%8.12%8.13%7.87%-3 bps
Liquidity & Funding
Loans / Deposits67.13%68.69%76.24%72.12%71.80%+467 bps
Liquid Assets / Assets3.68%3.50%3.38%3.02%2.67%-101 bps
CRE / Total Capitaln/an/an/an/an/an/an/a