Winterville, NC · Cert 57783
FDIC · 6 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.
Winterville, NC · Cert 57783
FDIC · 6 branches
Q2 2014
Market Position · Greenville, NC · 2014 SOD (annual) · 6.0% share · #7 of 14 inst. · $0.1B of $1.9B
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 | 0.78% | 0.82% | 0.77% | 0.82% | 0.83% | 0.93% | 1.06% | 1.13% | +32 bps | |
| Return on Equity | 6.51% | 6.94% | 6.70% | 7.12% | 7.26% | 8.22% | 9.26% | 9.80% | +269 bps | |
| Net Interest Margin | 3.42% | 3.31% | 3.36% | 3.34% | 3.30% | 3.19% | 3.34% | 3.36% | +2 bps | |
| Efficiency Ratio | 57.32% | 55.80% | 58.52% | 58.73% | 58.99% | 58.93% | 54.97% | 53.51% | -522 bps | |
| Non-Interest Burden | 1.83% | 1.70% | 1.83% | 1.81% | 1.80% | 1.73% | 1.73% | 1.66% | -15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.81% | 19.96% | 8.39% | 10.36% | 10.32% | 8.81% | 7.63% | 6.41% | -395 bps | |
| Loan Growth (YoY) | 15.80% | 17.50% | 12.77% | 14.92% | 12.54% | 7.32% | 9.46% | 6.58% | -835 bps | |
| Deposit Growth (YoY) | 22.99% | 25.13% | 8.13% | 12.28% | 11.20% | 9.62% | 7.67% | 2.11% | -1,017 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 | 0.21% | 0.27% | 0.05% | 0.03% | 0.04% | 0.12% | 0.05% | 0.18% | +14 bps | |
| Allowance / Loans | 1.88% | 1.79% | 1.87% | 1.91% | 1.94% | 1.69% | 1.63% | 1.53% | -37 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 | 15.25% | 14.93% | 15.15% | 15.24% | 15.37% | 15.47% | 15.82% | 15.95% | +71 bps | |
| Equity / Assets | 11.66% | 11.53% | 11.59% | 11.37% | 11.13% | 11.22% | 11.61% | 11.86% | +49 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 93.95% | 96.35% | 96.56% | 97.35% | 95.08% | 94.33% | 98.16% | 101.61% | +425 bps | |
| Liquid Assets / Assets | 1.53% | 1.46% | 1.12% | 0.58% | 0.38% | 0.41% | 0.30% | 0.47% | -12 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |