Beaufort, SC · Cert 35437
FDIC
Q3 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2006, the quarter ended September 30, 2006, 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.
Beaufort, SC · Cert 35437
FDIC
Q3 2006
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 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.36% | 0.97% | 0.91% | 0.96% | 0.94% | 0.78% | 0.92% | 0.89% | -7 bps | |
| Return on Equity | 2.89% | 9.43% | 9.17% | 9.79% | 9.81% | 8.51% | 9.78% | 9.51% | -28 bps | |
| Net Interest Margin | 3.24% | 4.18% | 3.97% | 4.02% | 3.86% | 4.15% | 4.36% | 4.24% | +22 bps | |
| Efficiency Ratio | 78.00% | 64.66% | 63.75% | 63.19% | 67.16% | 68.47% | 67.04% | 67.07% | +388 bps | |
| Non-Interest Burden | 2.33% | 2.30% | 2.21% | 2.25% | 2.36% | 2.62% | 2.72% | 2.66% | +41 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 47.81% | 52.95% | 39.73% | 30.82% | 38.03% | 23.58% | 19.17% | 26.85% | -397 bps | |
| Loan Growth (YoY) | 55.36% | 56.49% | 43.83% | 36.63% | 30.96% | 25.97% | 24.79% | 22.03% | -1,460 bps | |
| Deposit Growth (YoY) | 56.34% | 60.92% | 44.11% | 35.60% | 45.09% | 25.80% | 20.01% | 29.98% | -561 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 | 0.07% | 0.00% | 0.00% | 0.05% | 0.06% | 0.12% | 0.02% | 0.02% | -3 bps | |
| Allowance / Loans | 1.18% | 1.20% | 1.24% | 1.23% | 1.25% | 1.23% | 1.21% | 1.27% | +4 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 | 13.54% | 12.93% | 12.58% | 12.07% | 11.71% | 12.73% | 12.41% | 12.05% | -2 bps | |
| Equity / Assets | 10.93% | 9.68% | 9.46% | 9.30% | 8.73% | 9.68% | 9.83% | 9.07% | -24 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.04% | 95.83% | 97.40% | 96.96% | 93.01% | 95.96% | 101.28% | 91.03% | -593 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.20% | 0.15% | 0.15% | 0.15% | +15 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |