Shepherdstown, WV · Cert 57765
FDIC
Q2 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2007, the quarter ended June 30, 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.
Shepherdstown, WV · Cert 57765
FDIC
Q2 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 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -2.71% | -2.45% | -3.03% | -2.77% | -2.48% | -2.32% | -1.29% | -1.37% | +141 bps | |
| Return on Equity | n/a | n/a | -20.71% | -18.38% | -16.92% | -16.23% | -10.12% | -10.79% | +759 bps | |
| Net Interest Margin | 0.95% | 1.09% | 2.86% | 2.86% | 2.76% | 2.73% | 3.17% | 3.05% | +20 bps | |
| Efficiency Ratio | 641% | 409% | 255% | 228% | 213% | 206% | 158.93% | 161.82% | -6,574 bps | |
| Non-Interest Burden | 6.17% | 4.53% | 7.42% | 6.60% | 5.96% | 5.73% | 5.11% | 5.04% | -156 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | n/a | n/a | n/a | n/a | 99.36% | 36.13% | 43.08% | 12.95% | n/a | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | 82.69% | 16.48% | 18.13% | 0.05% | n/a | |
| Deposit Growth (YoY) | n/a | n/a | n/a | n/a | 124.53% | 59.94% | 46.44% | 17.62% | n/a | |
| 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% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.93% | 1.00% | 1.00% | 1.00% | 1.04% | 1.01% | 1.00% | 1.07% | +7 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 | 37.93% | 21.38% | 20.04% | 21.78% | 20.39% | 18.93% | 17.77% | 17.51% | -427 bps | |
| Equity / Assets | 23.36% | 14.89% | 14.35% | 15.82% | 13.62% | 13.17% | 12.40% | 12.39% | -343 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 100.94% | 115.15% | 102.16% | 96.82% | 82.13% | 83.86% | 82.41% | 82.36% | -1,446 bps | |
| Liquid Assets / Assets | 3.93% | 0.92% | 0.27% | 5.75% | 1.00% | 0.04% | 0.09% | 0.04% | -571 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |