Charlotte, NC · Cert 34864
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.
Charlotte, NC · Cert 34864
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 | -0.85% | 0.55% | 0.07% | 0.46% | 0.53% | 0.76% | 0.92% | 0.92% | +46 bps | |
| Return on Equity | -8.50% | 5.91% | 0.73% | 4.85% | 5.46% | 7.07% | 8.33% | 8.04% | +319 bps | |
| Net Interest Margin | 3.59% | 3.28% | 3.17% | 3.12% | 3.30% | 3.30% | 3.41% | 3.44% | +32 bps | |
| Efficiency Ratio | 48.58% | 61.62% | 61.45% | 60.49% | 59.98% | 59.44% | 59.47% | 60.24% | -25 bps | |
| Non-Interest Burden | 1.72% | 2.14% | 2.04% | 1.97% | 2.04% | 1.95% | 2.01% | 2.07% | +10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.34% | -1.93% | 2.05% | 2.08% | -0.65% | -3.41% | -11.21% | -13.58% | -1,566 bps | |
| Loan Growth (YoY) | -14.64% | -18.53% | -19.05% | -17.87% | -14.19% | -13.91% | -15.56% | -21.02% | -316 bps | |
| Deposit Growth (YoY) | 1.32% | 5.01% | 7.40% | 7.20% | 2.43% | -4.91% | -12.25% | -16.65% | -2,385 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 | 4.76% | 3.48% | 2.91% | 2.63% | 2.69% | 0.48% | 0.10% | 0.06% | -257 bps | |
| Allowance / Loans | 3.78% | 3.27% | 3.66% | 3.29% | 3.02% | 3.11% | 3.18% | 3.51% | +22 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 | 13.78% | 13.82% | 14.35% | 15.10% | 16.13% | 17.11% | 18.51% | 20.51% | +540 bps | |
| Equity / Assets | 9.39% | 9.32% | 9.29% | 9.89% | 10.53% | 10.86% | 11.79% | 12.53% | +264 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 74.85% | 67.27% | 63.43% | 61.62% | 62.70% | 60.90% | 61.04% | 58.38% | -324 bps | |
| Liquid Assets / Assets | 0.54% | 2.40% | 3.45% | 1.56% | 1.87% | 3.76% | 5.57% | 7.35% | +579 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |