Southern Pines, NC · Cert 35283
FDIC
Q2 2003
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.63% | -0.88% | 0.20% | -0.44% | -0.27% | 1.48% | 0.56% | 0.80% | +125 bps | |
| Return on Equity | -14.12% | -8.39% | 2.16% | -4.95% | -3.18% | 16.82% | 6.08% | 8.99% | +1,394 bps | |
| Net Interest Margin | 2.63% | 3.46% | 3.72% | 3.86% | 3.89% | 4.14% | 4.01% | 3.98% | +12 bps | |
| Efficiency Ratio | 133.42% | 102.03% | 87.28% | 94.54% | 78.05% | 69.49% | 82.03% | 74.49% | -2,005 bps | |
| Non-Interest Burden | 3.68% | 3.55% | 3.15% | 3.62% | 2.87% | 2.44% | 3.10% | 2.67% | -95 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 104.75% | 81.00% | 49.04% | 25.96% | 27.56% | 10.17% | 3.09% | 9.34% | -1,662 bps | |
| Loan Growth (YoY) | 88.51% | 79.62% | 92.34% | 70.04% | 45.44% | 17.31% | 10.67% | 8.70% | -6,134 bps | |
| Deposit Growth (YoY) | 209% | 104.10% | 52.11% | 32.24% | 32.85% | 18.50% | 3.08% | 10.67% | -2,156 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% | 0.00% | 0.07% | 0.00% | 1.51% | 0.97% | 0.00% | 0.42% | +42 bps | |
| Allowance / Loans | 1.42% | 1.39% | 1.36% | 1.47% | 1.46% | 1.30% | 1.36% | 1.31% | -16 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 | 16.91% | 13.80% | 12.99% | 11.96% | 11.32% | 12.20% | 11.96% | 11.41% | -55 bps | |
| Equity / Assets | 11.24% | 9.80% | 9.15% | 8.81% | 8.43% | 9.17% | 9.32% | 8.60% | -21 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.47% | 104.15% | 99.16% | 103.72% | 99.04% | 103.10% | 106.46% | 101.88% | -185 bps | |
| Liquid Assets / Assets | 0.05% | 0.00% | 0.05% | 0.09% | 0.05% | 0.02% | 0.22% | 0.05% | -4 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |