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Southcoast Community Bank

Mount Pleasant, SC · Cert 34774

FDIC · 11 branches

Q1 2016

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2016, the quarter ended March 31, 2016, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Southcoast Community Bank

Mount Pleasant, SC · Cert 34774

FDIC · 11 branches

Q1 2016

$473.3MAssets
$382.1MLoans
$342.3MDeposits
$55.6MEquity
Loan mix
94%RE $332.4M6%C&I $19.9M1%Consumer $2.8MQ1 2015Q1 2016
Deposit mix
81%Interest-bearing $276.7M19%Noninterest $65.5MQ1 2015Q1 2016

NIM

4.18%Q1 ’144.23%Q1 ’154.02%Q1 ’16+5%-5%

Non-interest income vs. expense

2.85%Q1 ’142.61%Q1 ’152.49%Q1 ’16-36%+33%

Market Position · Charleston-North Charleston, SC · 2015 SOD (annual) · 3.2% share · #8 of 33 inst. · $0.4B of $11.4B

3.0% Charleston
8.0% Berkeley
1.1% Dorchester

Executive Summary

  • Earnings: ROA of 1.53%, down 24 bps year over year; NIM at 3.34%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.13%.
  • Capital: tier 1 leverage ratio of 11.85%, up 76 bps from a year ago.
  • Funding: loans stand at 111.63% of deposits as of Q1 2016.

Financial Results

Return on Assets (YTD, annualized)

1.53%-24 bps YoY

Net Interest Margin (YTD, annualized)

3.34%-19 bps YoY

Efficiency Ratio (YTD, annualized)

64.18%+821 bps YoY

Tier 1 Leverage Ratio

11.85%+76 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2015Q2 2015Q3 2015Q4 2015Q1 2016YoY ΔTrend
Earnings
Return on Assets1.77%1.28%1.14%1.01%1.53%-24 bps
Return on Equity17.02%12.35%10.83%9.55%13.58%-344 bps
Net Interest Margin3.53%3.35%3.36%3.38%3.34%-19 bps
Efficiency Ratio55.98%61.04%62.88%66.33%64.18%+821 bps
Non-Interest Burden1.48%1.72%1.85%2.01%1.96%+48 bps
Growth
Asset Growth (YoY)8.66%8.73%3.49%5.59%-2.63%-1,129 bps
Loan Growth (YoY)8.35%9.69%9.30%7.38%3.93%-442 bps
Deposit Growth (YoY)7.55%8.58%8.58%2.17%-4.80%-1,235 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.19%-0.15%-0.02%-0.03%-0.13%+6 bps
Allowance / Loans1.33%1.30%1.23%1.23%1.16%-17 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio11.09%11.02%11.15%11.36%11.85%+76 bps
Total Risk-Based Capital16.07%16.13%16.51%16.75%17.50%+143 bps
Equity / Assets10.49%10.35%11.15%10.79%11.75%+126 bps
Liquidity & Funding
Loans / Deposits102.26%104.74%109.26%113.78%111.63%+937 bps
Liquid Assets / Assets6.64%7.48%2.79%7.02%3.13%-351 bps
CRE / Total Capitaln/an/an/an/an/an/an/a