Powhatan, VA · Cert 35346
FDIC
Q1 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2007, the quarter ended March 31, 2007, 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.
Powhatan, VA · Cert 35346
FDIC
Q1 2007
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 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.63% | 1.69% | 1.48% | 1.08% | 0.62% | 0.56% | 0.73% | -2.11% | -319 bps | |
| Return on Equity | 16.72% | 17.26% | 15.20% | 10.59% | 6.19% | 5.50% | 7.11% | -19.66% | -3,025 bps | |
| Net Interest Margin | 4.29% | 4.21% | 4.32% | 5.05% | 4.76% | 4.86% | 4.77% | 4.83% | -22 bps | |
| Efficiency Ratio | 83.58% | 83.01% | 84.96% | 88.34% | 92.81% | 89.04% | 85.99% | 99.47% | +1,114 bps | |
| Non-Interest Burden | 2.51% | 2.46% | 2.76% | 3.80% | 4.05% | 3.88% | 3.65% | 4.80% | +100 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 18.37% | 12.16% | 9.04% | -4.88% | 0.01% | -0.71% | -3.97% | 3.36% | +824 bps | |
| Loan Growth (YoY) | 8.67% | -3.96% | -6.00% | 5.13% | 5.66% | 18.72% | 16.02% | 11.28% | +616 bps | |
| Deposit Growth (YoY) | 25.65% | 18.20% | 12.51% | -4.97% | -2.27% | -2.87% | -7.99% | 5.03% | +1,000 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% | 0.11% | 0.12% | 0.15% | 0.09% | 0.29% | 0.26% | 3.72% | +358 bps | |
| Allowance / Loans | 1.64% | 1.64% | 1.56% | 1.50% | 1.47% | 1.48% | 1.56% | 1.27% | -23 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 | 14.38% | 12.98% | 12.72% | 13.10% | 13.01% | 12.50% | 12.85% | 12.66% | -44 bps | |
| Equity / Assets | 9.48% | 9.89% | 9.56% | 10.85% | 9.93% | 10.41% | 10.70% | 10.75% | -10 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 76.39% | 76.70% | 75.34% | 89.65% | 82.58% | 93.76% | 94.99% | 94.99% | +534 bps | |
| Liquid Assets / Assets | 23.81% | 23.78% | 26.33% | 15.61% | 21.07% | 11.91% | 13.29% | 10.75% | -486 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |