Rockingham, NC · Cert 57544
FDIC
Q1 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 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.32% | 0.13% | 0.20% | -0.27% | -0.50% | -0.45% | -1.07% | -0.38% | -11 bps | |
| Return on Equity | 2.18% | 0.89% | 1.30% | -1.68% | -3.23% | -3.01% | -7.33% | -3.06% | -138 bps | |
| Net Interest Margin | 3.70% | 3.69% | 3.53% | 3.24% | 3.25% | 3.21% | 2.99% | 3.03% | -21 bps | |
| Efficiency Ratio | 92.83% | 97.03% | 101.50% | 100.70% | 107.27% | 104.47% | 113.93% | 108.90% | +820 bps | |
| Non-Interest Burden | 3.37% | 3.55% | 3.60% | 3.27% | 3.58% | 3.40% | 3.54% | 3.37% | +10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 18.56% | 8.83% | 1.71% | -0.04% | 10.34% | 16.02% | 15.44% | 24.73% | +2,477 bps | |
| Loan Growth (YoY) | 4.79% | 1.53% | -2.23% | 2.56% | 10.45% | 17.93% | 31.59% | 26.92% | +2,436 bps | |
| Deposit Growth (YoY) | 24.45% | 9.58% | 0.82% | -1.18% | 12.06% | 16.93% | 11.78% | 28.91% | +3,008 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 | 0.11% | 0.08% | 0.12% | 0.02% | 0.02% | 0.05% | 0.18% | 0.00% | -2 bps | |
| Allowance / Loans | 1.60% | 1.58% | 1.19% | 1.20% | 1.16% | 1.18% | 1.27% | 1.26% | +6 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 | 20.61% | 21.97% | 21.48% | 21.06% | 19.54% | 18.70% | 16.54% | 15.84% | -521 bps | |
| Equity / Assets | 15.35% | 16.14% | 15.88% | 16.12% | 14.89% | 13.79% | 12.86% | 12.10% | -403 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 92.27% | 91.13% | 85.70% | 92.45% | 90.94% | 91.91% | 100.89% | 91.03% | -142 bps | |
| Liquid Assets / Assets | 2.88% | 2.88% | 3.97% | 4.07% | 2.82% | 2.73% | 2.71% | 2.74% | -133 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |