PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Carolina Federal Savings Bank

Charleston, SC · Cert 35372

FDIC

Q1 2012

$54.4MAssets
$41.4MLoans
$53.1MDeposits
$1.1MEquity
Loan mix
97%RE $33.9M2%C&I $0.6M1%Consumer $0.4MQ1 2011Q1 2012
Deposit mix
95%Interest-bearing $50.7M5%Noninterest $2.4MQ1 2011Q1 2012

NIM

Non-interest income vs. expense

Executive Summary

  • Earnings: ROA of 0.22%, up 119 bps year over year; NIM at 3.28%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.12%.
  • Funding: loans stand at 78.00% of deposits as of Q1 2012.

Financial Results

Return on Assets (YTD, annualized)

0.22%+119 bps YoY

Net Interest Margin (YTD, annualized)

3.28%

Efficiency Ratio (YTD, annualized)

87.50%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2011Q2 2011Q3 2011Q4 2011Q1 2012YoY ΔTrend
Earnings
Return on Assets-0.98%-7.41%-5.41%-4.30%0.22%+119 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/an/an/a3.28%n/an/a
Efficiency Ration/an/an/an/a87.50%n/an/a
Non-Interest Burdenn/an/an/an/a2.81%n/an/a
Growth
Asset Growth (YoY)-4.18%-6.52%-4.16%-4.99%-7.24%-306 bps
Loan Growth (YoY)-11.64%-18.94%-17.12%-17.29%-13.28%-163 bps
Deposit Growth (YoY)3.55%4.32%9.25%9.90%2.06%-149 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/a0.12%n/an/a
Allowance / Loansn/an/an/an/a2.73%n/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capitaln/an/an/an/a4.07%n/an/a
Equity / Assetsn/an/an/an/a2.06%n/an/a
Liquidity & Funding
Loans / Deposits91.80%81.76%77.55%75.00%78.00%-1,380 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%11.36%+1,136 bps
CRE / Total Capitaln/an/an/an/an/an/an/a