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Crescent Bank

Myrtle Beach, SC · Cert 57135

FDIC · 61 branches

Q1 2020

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2020, the quarter ended March 31, 2020, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Crescent Bank

Myrtle Beach, SC · Cert 57135

FDIC · 61 branches

Q1 2020

$4.8BAssets
$3.2BLoans
$3.6BDeposits
$780.0MEquity
Loan mix
81%RE $1.9B18%C&I $0.4B1%Consumer $0.0BQ1 2019Q1 2020
Deposit mix
94%Interest-bearing $3.4B6%Noninterest $0.2BQ1 2019Q1 2020

NIM

4.30%Q1 ’184.49%Q1 ’194.36%Q1 ’20-5%+0%

Non-interest income vs. expense

4.13%Q1 ’182.58%Q1 ’192.74%Q1 ’20-47%+11%

Market Position · Charleston-North Charleston, SC · 2019 SOD (annual) · 5.0% share · #6 of 33 inst. · $0.7B of $14.7B

4.9% Charleston
6.0% Horry
2.6% Greenville
25.0% Beaufort

Executive Summary

  • Earnings: ROA of 1.18%, down 41 bps year over year; NIM at 3.73%.
  • Asset quality: problem loans at 0.86% of loans (+40 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 13.17%, up 53 bps from a year ago.
  • Funding: loans stand at 90.05% of deposits as of Q1 2020.

Financial Results

Return on Assets (YTD, annualized)

1.18%-41 bps YoY

Net Interest Margin (YTD, annualized)

3.73%+1 bps YoY

Efficiency Ratio (YTD, annualized)

59.01%+398 bps YoY

Tier 1 Leverage Ratio

13.17%+53 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2019Q2 2019Q3 2019Q4 2019Q1 2020YoY ΔTrend
Earnings
Return on Assets1.59%1.61%1.66%1.61%1.18%-41 bps
Return on Equity10.03%10.07%10.31%9.92%7.18%-286 bps
Net Interest Margin3.71%3.71%3.78%3.77%3.73%+1 bps
Efficiency Ratio55.03%55.38%54.13%53.14%59.01%+398 bps
Non-Interest Burden1.60%1.62%1.59%1.50%1.79%+18 bps
Growth
Asset Growth (YoY)7.94%5.27%6.97%24.25%25.01%+1,707 bps
Loan Growth (YoY)8.73%8.62%11.14%28.26%23.49%+1,476 bps
Deposit Growth (YoY)5.42%3.72%3.01%25.33%26.25%+2,083 bps
Asset Quality
Nonperforming Loans / Loans0.46%0.54%0.73%0.83%0.86%+40 bps
Net Charge-Offs / Loans0.02%0.00%0.02%0.02%0.00%-2 bps
Allowance / Loans0.57%0.59%0.58%0.51%0.60%+3 bps
Allowance Coverage of NPLs1.3x1.1x0.8x0.6x0.7x-0.6x
Capital
Tier 1 Leverage Ratio12.63%12.91%13.26%15.42%13.17%+53 bps
Total Risk-Based Capital16.32%16.64%17.41%16.87%17.23%+90 bps
Equity / Assets15.95%16.25%16.26%16.76%16.24%+29 bps
Liquidity & Funding
Loans / Deposits92.07%94.59%96.38%95.09%90.05%-202 bps
Liquid Assets / Assets0.36%0.23%0.75%1.54%4.80%+444 bps
CRE / Total Capitaln/an/an/an/an/an/an/a