Mechanicsville, VA · Cert 57743
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 | -0.39% | -0.38% | -0.45% | -0.37% | -0.41% | 0.14% | 0.18% | -1.02% | -65 bps | |
| Return on Equity | -1.84% | -2.34% | -2.94% | -2.49% | -2.84% | 1.21% | 1.57% | -9.39% | -690 bps | |
| Net Interest Margin | 3.45% | 3.50% | 3.14% | 3.20% | 3.06% | 2.87% | 2.82% | 2.65% | -55 bps | |
| Efficiency Ratio | 102.28% | 96.74% | 96.60% | 95.04% | 96.93% | 88.37% | 88.84% | 89.87% | -517 bps | |
| Non-Interest Burden | 3.53% | 3.38% | 3.02% | 3.03% | 2.95% | 2.51% | 2.48% | 2.36% | -67 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 41.64% | 55.67% | 47.76% | 36.27% | 41.00% | 33.45% | 28.96% | 30.36% | -592 bps | |
| Loan Growth (YoY) | 54.54% | 59.68% | 63.71% | 59.36% | 60.05% | 42.92% | 44.64% | 41.13% | -1,823 bps | |
| Deposit Growth (YoY) | 56.92% | 73.30% | 61.13% | 45.17% | 48.26% | 34.70% | 28.12% | 33.34% | -1,183 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 | 0.00% | 0.00% | 0.00% | 0.30% | 0.20% | 0.00% | 0.00% | 0.00% | -30 bps | |
| Allowance / Loans | 1.01% | 1.00% | 1.17% | 0.99% | 1.02% | 1.02% | 1.00% | 1.98% | +100 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 | 26.24% | 21.56% | 19.89% | 18.25% | 16.90% | 15.77% | 13.42% | 11.95% | -630 bps | |
| Equity / Assets | 17.98% | 14.93% | 13.67% | 13.44% | 12.71% | 11.24% | 10.55% | 9.30% | -414 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 84.88% | 82.28% | 80.79% | 87.33% | 91.62% | 87.31% | 91.20% | 92.44% | +511 bps | |
| Liquid Assets / Assets | 2.41% | 2.00% | 1.88% | 1.82% | 1.31% | 1.15% | 1.12% | 1.07% | -75 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |