Dunn, NC · Cert 35465
FDIC · 21 branches
Q3 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2021, the quarter ended September 30, 2021, 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.
Dunn, NC · Cert 35465
FDIC · 21 branches
Q3 2021
Market Position · Fayetteville, NC · 2021 SOD (annual) · 6.3% share · #6 of 17 inst. · $0.4B of $6.3B
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 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.14% | 0.45% | 0.35% | 0.46% | 0.61% | 1.52% | 1.45% | 1.47% | +101 bps | |
| Return on Equity | 7.64% | 2.89% | 2.45% | 3.44% | 4.68% | 13.02% | 12.47% | 12.52% | +908 bps | |
| Net Interest Margin | 3.85% | 3.81% | 3.22% | 3.02% | 3.07% | 3.76% | 3.56% | 3.65% | +63 bps | |
| Efficiency Ratio | 62.37% | 67.24% | 70.86% | 68.39% | 67.51% | 54.80% | 55.21% | 54.11% | -1,428 bps | |
| Non-Interest Burden | 2.29% | 2.43% | 2.17% | 1.96% | 1.98% | 1.87% | 1.80% | 1.81% | -16 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.29% | 1.71% | 22.96% | 39.09% | 35.25% | 44.60% | 15.44% | 3.15% | -3,594 bps | |
| Loan Growth (YoY) | 4.49% | 4.94% | 25.61% | 26.53% | 26.73% | 29.31% | 6.54% | 0.55% | -2,599 bps | |
| Deposit Growth (YoY) | -0.03% | 1.70% | 27.55% | 47.09% | 47.81% | 59.05% | 20.22% | 5.82% | -4,127 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.70% | 0.81% | 0.74% | 0.72% | 0.58% | 0.58% | 0.63% | 0.32% | -40 bps | |
| Net Charge-Offs / Loans | 0.08% | 0.00% | 0.08% | 0.06% | 0.04% | 0.04% | 0.03% | 0.02% | -4 bps | |
| Allowance / Loans | 0.81% | 1.02% | 0.96% | 1.05% | 1.08% | 0.98% | 0.95% | 0.97% | -8 bps | |
| Allowance Coverage of NPLs | 1.2x | 1.3x | 1.3x | 1.5x | 1.9x | 1.7x | 1.5x | 3.0x | +1.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.59% | 13.90% | 10.44% | 9.58% | 9.25% | 9.76% | 9.57% | 10.00% | +42 bps | |
| Total Risk-Based Capital | 15.69% | 15.92% | 12.97% | 13.00% | 12.43% | 12.19% | 12.50% | 13.21% | +21 bps | |
| Equity / Assets | 15.43% | 15.72% | 12.33% | 11.45% | 11.99% | 11.34% | 11.60% | 12.21% | +76 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.56% | 103.88% | 92.38% | 86.37% | 87.08% | 84.45% | 81.87% | 82.07% | -430 bps | |
| Liquid Assets / Assets | 4.00% | 2.82% | 9.73% | 14.14% | 5.07% | 7.35% | 9.64% | 9.13% | -502 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |