Hartsville, SC · Cert 35076
FDIC · 3 branches
Q3 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2018, the quarter ended September 30, 2018, 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.
Hartsville, SC · Cert 35076
FDIC · 3 branches
Q3 2018
Market Position · Florence, SC · 2018 SOD (annual) · 1.9% share · #13 of 16 inst. · $0.1B of $2.8B
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 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.46% | 0.53% | 0.62% | 0.62% | 0.47% | 0.52% | 0.54% | 0.59% | -4 bps | |
| Return on Equity | 4.74% | 5.44% | 6.24% | 6.29% | 4.78% | 5.15% | 5.31% | 5.74% | -55 bps | |
| Net Interest Margin | 3.48% | 3.47% | 3.52% | 3.55% | 3.53% | 3.52% | 3.58% | 3.57% | +3 bps | |
| Efficiency Ratio | 83.58% | 83.29% | 80.04% | 79.70% | 78.88% | 76.80% | 77.52% | 77.69% | -202 bps | |
| Non-Interest Burden | 2.77% | 2.74% | 2.64% | 2.65% | 2.60% | 2.46% | 2.56% | 2.57% | -8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.66% | 3.33% | 0.31% | 1.43% | 2.99% | -2.51% | -1.85% | -3.50% | -493 bps | |
| Loan Growth (YoY) | 6.54% | 1.67% | -0.05% | 1.33% | 0.76% | -2.62% | -2.20% | -3.69% | -502 bps | |
| Deposit Growth (YoY) | 3.70% | -0.13% | -2.08% | 0.30% | 3.94% | 0.80% | -0.04% | -2.01% | -231 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.16% | 1.27% | 1.06% | 1.05% | 1.91% | +175 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.00% | 0.00% | -0.01% | 0.03% | 1.04% | 0.53% | 0.36% | +38 bps | |
| Allowance / Loans | 0.95% | 0.96% | 0.95% | 0.96% | 0.91% | 0.83% | 0.92% | 0.92% | -4 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | 6.0x | 0.7x | 0.8x | 0.9x | 0.5x | -5.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.84% | 9.95% | 10.12% | 10.07% | 9.99% | 10.13% | 10.53% | 10.47% | +39 bps | |
| Total Risk-Based Capital | 13.07% | 13.30% | 13.51% | 13.45% | 13.22% | 14.03% | 14.23% | 14.22% | +77 bps | |
| Equity / Assets | 9.76% | 9.89% | 10.08% | 9.98% | 9.74% | 10.32% | 10.36% | 10.45% | +47 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 93.10% | 91.75% | 90.88% | 90.98% | 90.25% | 88.63% | 88.92% | 89.42% | -156 bps | |
| Liquid Assets / Assets | 9.09% | 10.14% | 10.35% | 10.47% | 8.26% | 8.36% | 8.15% | 8.25% | -222 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |