Chesapeake, VA · Cert 34945
FDIC · 13 branches
Q1 2016
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Chesapeake, VA · Cert 34945
FDIC · 13 branches
Q1 2016
Market Position · Virginia Beach-Norfolk-Newport News, VA-NC · 2015 SOD (annual) · 3.8% share · #6 of 30 inst. · $0.9B of $22.8B
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 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | Q2 2015 | Q3 2015 | Q4 2015 | Q1 2016 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.17% | 1.16% | 1.13% | 1.25% | 1.23% | 1.19% | 1.18% | 1.39% | +14 bps | |
| Return on Equity | 10.84% | 10.65% | 10.33% | 11.85% | 11.66% | 11.19% | 10.97% | 12.82% | +97 bps | |
| Net Interest Margin | 3.89% | 3.89% | 3.89% | 4.00% | 3.90% | 3.94% | 4.05% | 4.03% | +3 bps | |
| Efficiency Ratio | 81.53% | 82.16% | 82.73% | 82.43% | 83.01% | 83.39% | 83.66% | 79.56% | -288 bps | |
| Non-Interest Burden | 2.00% | 2.02% | 2.10% | 1.84% | 1.85% | 1.97% | 2.12% | 1.76% | -8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.29% | 0.77% | 4.97% | 15.28% | 14.34% | 10.04% | 8.88% | 2.90% | -1,238 bps | |
| Loan Growth (YoY) | -0.84% | 4.19% | 13.28% | 17.20% | 15.19% | 10.76% | 8.51% | 9.75% | -746 bps | |
| Deposit Growth (YoY) | -0.82% | -0.14% | 2.95% | 15.96% | 9.96% | 8.82% | 8.75% | 2.64% | -1,332 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 | 0.00% | 0.01% | 0.01% | 0.23% | 0.16% | 0.10% | 0.01% | -0.01% | -24 bps | |
| Allowance / Loans | 1.06% | 1.05% | 0.97% | 0.91% | 0.88% | 0.93% | 0.89% | 0.86% | -6 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 | 11.09% | 10.81% | 11.08% | 11.48% | 11.26% | +17 bps | |
| Total Risk-Based Capital | 14.31% | 14.18% | 13.81% | 13.38% | 13.52% | 13.95% | 13.60% | 13.84% | +46 bps | |
| Equity / Assets | 11.02% | 11.29% | 11.01% | 10.14% | 10.46% | 11.14% | 10.91% | 10.72% | +58 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 96.13% | 96.31% | 100.09% | 91.32% | 100.71% | 98.02% | 99.87% | 97.64% | +632 bps | |
| Liquid Assets / Assets | 3.63% | 5.71% | 4.67% | 6.22% | 7.20% | 6.75% | 5.05% | 4.92% | -129 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |