Madison, WV · Cert 34837
FDIC · 31 branches
Q2 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2021, the quarter ended June 30, 2021, 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.
Madison, WV · Cert 34837
FDIC · 31 branches
Q2 2021
Market Position · Charleston, WV · 2021 SOD (annual) · 4.5% share · #7 of 17 inst. · $0.3B of $7.5B
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 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.67% | 1.66% | 1.40% | 1.44% | 1.42% | 1.44% | 1.51% | 1.31% | -12 bps | |
| Return on Equity | 12.00% | 11.84% | 9.60% | 10.11% | 10.06% | 10.31% | 11.54% | 10.18% | +7 bps | |
| Net Interest Margin | 4.30% | 4.30% | 4.14% | 3.90% | 3.84% | 3.89% | 3.71% | 3.56% | -34 bps | |
| Efficiency Ratio | 48.08% | 48.34% | 50.69% | 49.98% | 50.30% | 49.47% | 48.63% | 50.65% | +67 bps | |
| Non-Interest Burden | 1.85% | 1.86% | 1.88% | 1.78% | 1.76% | 1.74% | 1.63% | 1.68% | -10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 11.49% | -1.47% | -5.18% | 8.11% | 6.79% | 10.49% | 16.57% | 6.86% | -125 bps | |
| Loan Growth (YoY) | 13.69% | 0.69% | 0.00% | 7.04% | 9.04% | 3.01% | 8.45% | 0.09% | -695 bps | |
| Deposit Growth (YoY) | 8.10% | -2.80% | -6.20% | 9.10% | 8.19% | 12.08% | 17.56% | 4.97% | -413 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.69% | 1.70% | 1.56% | 1.43% | 0.97% | 1.09% | 1.25% | 1.29% | -15 bps | |
| Net Charge-Offs / Loans | 0.15% | 0.13% | 0.28% | 0.14% | 0.42% | 0.37% | 0.05% | 0.27% | +13 bps | |
| Allowance / Loans | 1.30% | 1.27% | 1.32% | 1.27% | 1.08% | 1.20% | 1.19% | 1.14% | -13 bps | |
| Allowance Coverage of NPLs | 0.8x | 0.8x | 0.8x | 0.9x | 1.1x | 1.1x | 1.0x | 0.9x | 0.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.31% | 11.31% | 11.66% | 10.97% | 10.79% | 10.71% | 10.67% | 10.29% | -68 bps | |
| Total Risk-Based Capital | 16.15% | 15.80% | 11.66% | 10.97% | 10.79% | 10.71% | 10.67% | 10.29% | -68 bps | |
| Equity / Assets | 14.38% | 14.31% | 14.88% | 13.57% | 13.75% | 13.29% | 12.81% | 12.63% | -93 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 84.43% | 85.95% | 87.86% | 83.59% | 85.09% | 78.99% | 81.05% | 79.70% | -388 bps | |
| Liquid Assets / Assets | 5.08% | 4.85% | 3.14% | 7.32% | 3.94% | 10.03% | 7.00% | 8.24% | +92 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |