Murrells Inlet, SC · Cert 35464
FDIC
Q4 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2005, the quarter ended December 31, 2005, 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.
Murrells Inlet, SC · Cert 35464
FDIC
Q4 2005
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 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.14% | -0.01% | 0.09% | 0.21% | 0.55% | 0.65% | 0.77% | 0.10% | -11 bps | |
| Return on Equity | -1.31% | -0.08% | 0.86% | 1.99% | 5.42% | 6.66% | 8.08% | 0.75% | -124 bps | |
| Net Interest Margin | 3.14% | 3.17% | 3.20% | 3.41% | 3.91% | 4.11% | 4.15% | 0.49% | -292 bps | |
| Efficiency Ratio | 96.42% | 87.99% | 81.64% | 77.69% | 73.54% | 69.22% | 66.56% | 65.51% | -1,219 bps | |
| Non-Interest Burden | 3.01% | 2.72% | 2.51% | 2.52% | 2.74% | 2.68% | 2.57% | 0.31% | -221 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 50.03% | 54.20% | 63.19% | 42.04% | 32.31% | 28.61% | 21.24% | 35.88% | -616 bps | |
| Loan Growth (YoY) | 82.83% | 99.91% | 84.44% | 59.59% | 35.61% | 24.69% | 16.81% | 2.67% | -5,692 bps | |
| Deposit Growth (YoY) | 49.63% | 51.74% | 60.95% | 31.10% | 34.08% | 31.02% | 22.65% | 20.92% | -1,018 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 | -0.08% | -0.02% | -0.01% | -0.01% | 0.76% | 0.36% | 0.24% | 0.01% | +2 bps | |
| Allowance / Loans | 1.01% | 1.01% | 1.18% | 1.29% | 1.22% | 1.24% | 1.37% | 1.55% | +25 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 | 12.73% | 12.65% | 12.19% | 12.39% | 12.57% | 11.68% | 11.08% | 15.96% | +357 bps | |
| Equity / Assets | 11.03% | 11.15% | 10.22% | 10.48% | 9.72% | 9.16% | 9.04% | 25.37% | +1,489 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.25% | 94.88% | 91.03% | 107.05% | 89.26% | 90.30% | 86.69% | 90.89% | -1,616 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.12% | 0.06% | 0.05% | 0.05% | 0.24% | +12 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |