Kinston, NC · Cert 34934
FDIC · 15 branches
Q3 2022
Market Position · Raleigh-Cary, NC · 2022 SOD (annual) · 0.4% share · #19 of 37 inst. · $0.2B of $54.9B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.90% | 1.30% | 1.21% | 1.25% | 1.53% | 1.01% | 1.05% | 1.20% | -5 bps | |
| Return on Equity | 8.74% | 13.07% | 12.39% | 12.55% | 15.59% | 10.91% | 12.30% | 14.48% | +193 bps | |
| Net Interest Margin | 3.66% | 3.67% | 3.35% | 3.36% | 3.21% | 2.96% | 3.02% | 3.18% | -18 bps | |
| Efficiency Ratio | 63.48% | 55.06% | 56.82% | 59.64% | 62.98% | 60.13% | 60.17% | 57.06% | -258 bps | |
| Non-Interest Burden | 2.04% | 1.77% | 1.67% | 1.81% | 1.87% | 1.64% | 1.68% | 1.67% | -14 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 20.16% | 21.87% | 7.84% | 13.93% | 17.30% | 10.77% | 5.38% | 2.91% | -1,102 bps | |
| Loan Growth (YoY) | 14.60% | 8.35% | 3.75% | 2.96% | -1.33% | 3.03% | 2.97% | 2.74% | -23 bps | |
| Deposit Growth (YoY) | 13.49% | 30.65% | 20.10% | 26.03% | 31.99% | 19.46% | 12.15% | 8.16% | -1,788 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.52% | 0.46% | 0.43% | 0.31% | 0.02% | 0.07% | 0.10% | 0.10% | -22 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.00% | 0.00% | 0.01% | 0.05% | -0.07% | 0.00% | 0.06% | +6 bps | |
| Allowance / Loans | 1.53% | 1.56% | 1.52% | 1.45% | 1.16% | 1.15% | 1.13% | 1.13% | -32 bps | |
| Allowance Coverage of NPLs | 3.0x | 3.4x | 3.5x | 4.7x | 46.6x | 15.5x | 11.1x | 11.8x | +7.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.31% | 9.24% | 8.87% | 8.99% | 8.95% | 8.96% | 9.16% | 9.37% | +38 bps | |
| Total Risk-Based Capital | 14.62% | 15.08% | 15.14% | 15.54% | 15.98% | 15.73% | 15.61% | 16.17% | +63 bps | |
| Equity / Assets | 10.38% | 9.59% | 9.88% | 9.98% | 9.71% | 8.73% | 8.41% | 8.14% | -184 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 85.84% | 73.51% | 72.25% | 69.34% | 64.17% | 63.40% | 66.33% | 65.86% | -347 bps | |
| Liquid Assets / Assets | 1.81% | 4.87% | 5.10% | 8.82% | 14.83% | 16.11% | 13.17% | 14.37% | +555 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |