Fayetteville, NC · Cert 57609
FDIC
Q4 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2007, the quarter ended December 31, 2007, 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.
Fayetteville, NC · Cert 57609
FDIC
Q4 2007
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 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.33% | 1.25% | 1.22% | 1.36% | 1.35% | 1.21% | 1.04% | 1.14% | -22 bps | |
| Return on Equity | 16.57% | 15.74% | 12.30% | 12.42% | 10.08% | 9.09% | 7.83% | 8.48% | -394 bps | |
| Net Interest Margin | 4.42% | 4.06% | 3.10% | 3.26% | 3.96% | 3.90% | 3.90% | 3.89% | +63 bps | |
| Efficiency Ratio | 44.07% | 47.17% | 56.53% | 56.56% | 59.83% | 59.59% | 61.20% | 59.53% | +297 bps | |
| Non-Interest Burden | 1.75% | 1.72% | 1.61% | 1.68% | 2.18% | 2.14% | 2.21% | 2.12% | +45 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 59.29% | 42.77% | 122.30% | 84.36% | 87.26% | 80.24% | 9.33% | 8.03% | -7,632 bps | |
| Loan Growth (YoY) | 41.97% | 43.71% | 84.09% | 82.02% | 89.85% | 88.95% | 26.95% | 14.44% | -6,758 bps | |
| Deposit Growth (YoY) | 64.11% | 46.31% | 113.40% | 73.23% | 78.66% | 69.60% | 7.63% | 6.32% | -6,691 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 | 0.07% | 0.05% | 0.03% | 0.02% | 0.08% | 0.06% | 0.07% | 0.09% | +7 bps | |
| Allowance / Loans | 1.65% | 1.65% | 1.34% | 1.13% | 0.93% | 0.92% | 1.02% | 0.89% | -23 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 | 12.18% | 11.67% | 12.62% | 11.65% | 11.61% | 11.44% | 11.60% | 11.89% | +25 bps | |
| Equity / Assets | 8.01% | 7.74% | 13.28% | 13.70% | 13.17% | 13.02% | 13.37% | 13.87% | +18 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.19% | 77.27% | 76.70% | 86.08% | 83.08% | 86.09% | 90.46% | 92.65% | +658 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.34% | 0.30% | 0.11% | 0.09% | 0.08% | 0.04% | -26 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |