Hendersonville, NC · Cert 57763
FDIC
Q4 2013
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 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.32%1 | 0.26%1 | 0.05%1 | 0.18%1 | 0.28% | 0.63% | 0.56% | 0.47% | +29 bps | |
| Return on Equity | 11.98% | 9.67% | 1.81% | 6.68% | 9.86% | 26.43% | 26.22% | 23.19% | +1,651 bps | |
| Net Interest Margin | 2.85% | 2.79% | 2.77% | 2.78% | 2.85% | 2.79% | 2.87% | 2.93% | +15 bps | |
| Efficiency Ratio | 84.00% | 86.29% | 87.70% | 85.66% | 78.01% | 77.10% | 80.41% | 83.48% | -217 bps | |
| Non-Interest Burden | 2.28% | 2.32% | 2.36% | 2.28% | 2.06% | 1.96% | 2.16% | 2.34% | +7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -4.15% | -1.35% | -0.25% | 1.49% | -0.39% | -4.33% | -6.97% | -9.45% | -1,093 bps | |
| Loan Growth (YoY) | -16.01% | -14.44% | -11.55% | -7.98% | -6.80% | -7.87% | -10.94% | -13.75% | -577 bps | |
| Deposit Growth (YoY) | 0.52% | 1.93% | 2.76% | 1.66% | -0.85% | -3.07% | -5.89% | -7.83% | -949 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 | 1.32% | 1.21% | 1.37% | 1.33% | 0.89% | 0.58% | 1.01% | 1.13% | -20 bps | |
| Allowance / Loans | 2.57% | 2.59% | 2.76% | 2.72% | 2.86% | 2.89% | 2.57% | 2.30% | -42 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 | 5.73% | 5.89% | 5.80% | 6.11% | 6.41% | 7.00% | 7.41% | 7.68% | +157 bps | |
| Equity / Assets | 2.65% | 2.71% | 2.59% | 2.77% | 2.82% | 1.48% | 1.47% | 1.43% | -134 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 59.86% | 57.55% | 55.92% | 57.53% | 56.27% | 54.70% | 52.92% | 53.83% | -370 bps | |
| Liquid Assets / Assets | 4.60% | 3.97% | 5.59% | 4.25% | 5.07% | 25.83% | 26.92% | 25.67% | +2,142 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |