Chapel Hill, NC · Cert 57262
FDIC
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
Chapel Hill, NC · Cert 57262
FDIC
Q1 2014
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 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.18% | -0.64% | -0.59% | 0.28% | -0.27% | -0.18% | -0.20% | -0.04% | -32 bps | |
| Return on Equity | n/a | n/a | n/a | 2.90% | -2.76% | -1.80% | -1.94% | -0.39% | -329 bps | |
| Net Interest Margin | 4.00% | 3.99% | 4.22% | 4.32% | 4.25% | 4.26% | 4.21% | 3.66% | -66 bps | |
| Efficiency Ratio | 67.20% | 67.78% | 67.81% | 66.77% | 65.33% | 67.58% | 72.89% | 87.85% | +2,108 bps | |
| Non-Interest Burden | 2.47% | 2.48% | 2.61% | 2.63% | 2.48% | 2.62% | 2.91% | 3.18% | +55 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.70% | -11.43% | -10.15% | -17.68% | -23.83% | -16.71% | -16.36% | -9.56% | +812 bps | |
| Loan Growth (YoY) | -1.53% | -4.59% | -3.88% | -11.28% | -15.98% | -19.00% | -19.33% | -18.85% | -757 bps | |
| Deposit Growth (YoY) | 5.79% | -9.59% | -9.94% | -17.77% | -28.53% | -18.02% | -17.52% | -11.03% | +674 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 | 3.36% | 3.31% | 3.22% | 2.68% | 3.44% | 2.79% | 2.25% | 0.66% | -201 bps | |
| Allowance / Loans | 3.13% | 2.83% | 2.85% | 2.75% | 2.84% | 3.23% | 3.32% | 3.55% | +80 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 | 11.90% | 12.40% | 12.78% | 13.47% | 13.13% | 14.21% | 14.57% | 15.09% | +162 bps | |
| Equity / Assets | 8.06% | 9.06% | 9.12% | 10.09% | 10.80% | 10.73% | 10.78% | 10.84% | +75 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 85.57% | 91.05% | 91.30% | 93.15% | 100.58% | 89.97% | 89.29% | 84.97% | -818 bps | |
| Liquid Assets / Assets | 0.72% | 1.17% | 1.19% | 2.98% | 1.24% | 1.11% | 0.88% | 7.34% | +437 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |