Shelby, NC · Cert 4910
FDIC
Q2 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2013, the quarter ended June 30, 2013, 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.
Shelby, NC · Cert 4910
FDIC
Q2 2013
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 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.00% | 0.03% | 0.45% | 0.19% | 0.27%1 | -0.39% | -4.47% | -1.92% | -211 bps | |
| Return on Equity | 0.04% | 0.25% | 3.97% | 1.64% | 2.35% | -3.41% | -38.74% | -16.42% | -1,807 bps | |
| Net Interest Margin | 3.07% | 3.12% | 3.23% | 3.16% | 3.03% | 2.93% | 2.55% | 2.86% | -30 bps | |
| Efficiency Ratio | 65.19% | 64.26% | 63.80% | 65.58% | 68.02% | 71.74% | 244% | 160.62% | +9,504 bps | |
| Non-Interest Burden | 1.76% | 1.74% | 1.80% | 1.83% | 1.83% | 1.90% | 7.47% | 5.15% | +331 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -12.56% | -9.75% | -8.44% | -8.41% | -4.64% | -4.96% | -19.44% | -20.06% | -1,165 bps | |
| Loan Growth (YoY) | -8.55% | -7.58% | -7.15% | -8.41% | -10.55% | -8.45% | -8.35% | -10.99% | -258 bps | |
| Deposit Growth (YoY) | -9.56% | -6.89% | -5.91% | -6.69% | -5.73% | -3.75% | -7.84% | -8.58% | -189 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 | 2.26% | 2.45% | 1.36% | 1.42% | 2.46% | 2.18% | -0.24% | 0.23% | -118 bps | |
| Allowance / Loans | 3.31% | 3.37% | 3.42% | 3.79% | 3.39% | 3.23% | 3.17% | 3.16% | -62 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 | 15.64% | 15.73% | 16.25% | 16.87% | 17.42% | 19.22% | 17.85% | 18.73% | +186 bps | |
| Equity / Assets | 10.78% | 11.18% | 11.40% | 11.74% | 11.47% | 11.19% | 11.98% | 12.03% | +29 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 76.96% | 77.77% | 77.20% | 75.73% | 73.03% | 73.97% | 76.77% | 73.74% | -199 bps | |
| Liquid Assets / Assets | 15.44% | 10.82% | 12.59% | 14.33% | 15.23% | 16.85% | 4.58% | 7.51% | -682 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |