Gloucester, VA · Cert 57630
FDIC · 2 branches
Q2 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2014, the quarter ended June 30, 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.
Gloucester, VA · Cert 57630
FDIC · 2 branches
Q2 2014
Market Position · Virginia Beach-Norfolk-Newport News, VA-NC · 2014 SOD (annual) · 0.5% share · #19 of 32 inst. · $0.1B of $21.6B
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 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.14% | 0.21% | 0.56% | 0.49% | 0.45% | 0.47% | 0.25% | -0.19% | -67 bps | |
| Return on Equity | 1.52% | 2.19% | 5.54% | 4.81% | 4.37% | 4.54% | 2.42% | -1.77% | -658 bps | |
| Net Interest Margin | 3.85% | 3.92% | 3.73% | 3.72% | 3.75% | 3.80% | 3.70% | 3.91% | +19 bps | |
| Efficiency Ratio | 87.93% | 87.03% | 77.85% | 80.66% | 81.41% | 81.15% | 89.73% | 100.04% | +1,938 bps | |
| Non-Interest Burden | 3.39% | 3.43% | 2.83% | 2.92% | 3.00% | 3.02% | 3.28% | 3.91% | +99 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -4.27% | -9.52% | -6.14% | -6.71% | -3.88% | -2.50% | 1.93% | 0.42% | +713 bps | |
| Loan Growth (YoY) | -3.95% | -3.62% | -6.65% | -6.84% | -5.44% | -7.75% | -2.44% | -1.89% | +495 bps | |
| Deposit Growth (YoY) | -0.97% | -6.28% | -5.52% | -7.89% | -4.64% | -3.12% | 1.90% | 1.36% | +925 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 | 0.50% | 0.50% | 0.58% | 1.41% | 0.94% | 0.86% | 0.02% | 0.66% | -75 bps | |
| Allowance / Loans | 2.69% | 2.63% | 2.60% | 2.18% | 2.20% | 2.20% | 2.17% | 1.91% | -27 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 | 14.58% | 14.86% | 15.32% | 16.05% | 15.86% | 16.65% | 16.10% | 16.01% | -4 bps | |
| Equity / Assets | 9.70% | 10.04% | 10.16% | 10.38% | 10.31% | 10.56% | 10.23% | 10.57% | +19 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.37% | 77.05% | 75.16% | 74.85% | 74.74% | 73.37% | 71.96% | 72.45% | -240 bps | |
| Liquid Assets / Assets | 3.00% | 2.29% | 3.92% | 5.17% | 5.21% | 5.31% | 5.96% | 6.74% | +157 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |