Ravenswood, WV · Cert 57163
FDIC
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 2008, 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.
Ravenswood, WV · Cert 57163
FDIC
Q3 2008
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 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.96% | 0.69% | 0.80% | 0.81% | 0.93% | 1.09% | 0.40% | 0.74% | -6 bps | |
| Return on Equity | 10.79% | 7.66% | 8.87% | 8.67% | 9.88% | 11.00% | 3.20% | 5.33% | -334 bps | |
| Net Interest Margin | 4.13% | 3.99% | 3.94% | 4.12% | 4.23% | 4.17% | 1.34% | 2.28% | -184 bps | |
| Efficiency Ratio | 60.15% | 64.70% | 65.33% | 66.00% | 66.45% | 63.96% | 63.42% | 54.98% | -1,102 bps | |
| Non-Interest Burden | 2.30% | 2.43% | 2.41% | 2.55% | 2.63% | 2.48% | 0.77% | 1.20% | -135 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.44% | 7.54% | 3.64% | -3.38% | -4.95% | -2.23% | 8.84% | 11.69% | +1,508 bps | |
| Loan Growth (YoY) | -0.62% | 1.19% | 0.70% | 2.79% | 0.12% | -2.42% | -1.61% | -2.89% | -568 bps | |
| Deposit Growth (YoY) | 10.48% | 7.15% | 3.12% | -4.60% | -6.08% | -3.10% | -1.19% | 1.99% | +659 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 | 0.27% | 0.07% | 0.06% | 0.03% | 0.09% | -0.02% | 0.35% | 0.24% | +21 bps | |
| Allowance / Loans | 1.19% | 1.24% | 1.25% | 1.23% | 1.17% | 1.20% | 1.03% | 1.01% | -22 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 | 14.88% | 14.85% | 15.43% | 15.97% | 15.69% | 16.16% | 16.19% | 16.09% | +12 bps | |
| Equity / Assets | 8.91% | 9.03% | 9.22% | 10.06% | 9.90% | 9.88% | 17.31% | 17.76% | +769 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 82.45% | 82.70% | 82.17% | 89.58% | 87.89% | 83.28% | 81.83% | 85.29% | -429 bps | |
| Liquid Assets / Assets | 1.04% | 1.33% | 1.06% | 1.15% | 1.15% | 1.11% | 1.03% | 1.06% | -9 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |