Fairfax, VA · Cert 34664
FDIC
Q3 2012
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2012, the quarter ended September 30, 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.
Fairfax, VA · Cert 34664
FDIC
Q3 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 | Q4 2010 | Q1 2011 | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.17%1 | 0.34% | 0.34%1 | 0.13%1 | -1.07% | -0.20% | -0.41% | -0.26% | -39 bps | |
| Return on Equity | 2.31% | 4.15% | 4.14% | 1.56% | -13.24% | -2.66% | -5.47% | -3.51% | -506 bps | |
| Net Interest Margin | 3.51% | 3.51% | 3.63% | 3.58% | 3.29% | 2.91% | 2.91% | 2.79% | -79 bps | |
| Efficiency Ratio | 94.52% | 80.36% | 83.00% | 110.77% | 117.09% | 90.87% | 109.99% | 112.35% | +158 bps | |
| Non-Interest Burden | 3.32% | 2.80% | 3.01% | 3.89% | 3.75% | 2.61% | 3.19% | 3.12% | -77 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -6.61% | -11.07% | -13.55% | -11.79% | -5.91% | -3.75% | -5.20% | -2.61% | +917 bps | |
| Loan Growth (YoY) | -8.04% | -7.99% | -6.02% | -5.37% | -7.65% | -7.05% | -8.72% | -9.72% | -435 bps | |
| Deposit Growth (YoY) | -5.80% | -10.50% | -15.28% | -13.72% | -6.53% | -6.35% | -7.16% | 3.01% | +1,672 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% | -0.03% | 0.46% | 0.55% | 0.47% | 1.04% | 0.54% | 0.35% | -20 bps | |
| Allowance / Loans | 1.59% | 1.76% | 1.75% | 1.62% | 1.76% | 1.71% | 1.72% | 1.69% | +7 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 | 12.79% | 13.20% | 13.32% | 13.76% | 13.72% | 13.62% | 13.31% | 13.92% | +16 bps | |
| Equity / Assets | 8.04% | 8.23% | 8.50% | 8.27% | 7.49% | 7.42% | 7.34% | 7.16% | -110 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.60% | 78.64% | 77.98% | 79.24% | 80.62% | 78.06% | 76.67% | 69.45% | -979 bps | |
| Liquid Assets / Assets | 4.39% | 10.08% | 12.50% | 13.55% | 8.72% | 14.29% | 15.50% | 23.80% | +1,025 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |