Winston-Salem, NC · Cert 57854
FDIC
Q2 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2009, the quarter ended June 30, 2009, 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.
Winston-Salem, NC · Cert 57854
FDIC
Q2 2009
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 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.12% | -0.08% | -1.23% | -0.62% | -0.28% | -0.19% | 0.18% | 0.13% | +75 bps | |
| Return on Equity | -0.75% | -0.52% | -9.75% | -5.36% | -2.60% | -1.75% | 1.96% | 1.38% | +674 bps | |
| Net Interest Margin | 3.73% | 3.38% | 2.97% | 2.80% | 2.58% | 2.50% | 2.70% | 2.81% | +2 bps | |
| Efficiency Ratio | 96.90% | 98.39% | 107.43% | 98.26% | 91.93% | 90.12% | 88.26% | 90.44% | -782 bps | |
| Non-Interest Burden | 3.60% | 3.31% | 3.23% | 2.74% | 2.33% | 2.21% | 2.31% | 2.49% | -25 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 31.53% | 29.79% | 37.84% | 50.94% | 55.42% | 45.24% | 29.29% | 18.59% | -3,235 bps | |
| Loan Growth (YoY) | 41.50% | 42.25% | 52.30% | 76.23% | 64.37% | 46.72% | 32.13% | 9.65% | -6,657 bps | |
| Deposit Growth (YoY) | 39.89% | 35.98% | 34.48% | 40.56% | 46.05% | 40.50% | 32.55% | 30.22% | -1,034 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% | 0.01% | 0.57% | 0.23% | 0.15% | 0.29% | 0.01% | 0.01% | -22 bps | |
| Allowance / Loans | 1.17% | 1.00% | 1.00% | 0.93% | 0.99% | 0.93% | 0.95% | 0.99% | +6 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 | 18.76% | 16.94% | 15.31% | 13.30% | 13.20% | 13.41% | 13.10% | 13.34% | +4 bps | |
| Equity / Assets | 14.72% | 13.73% | 11.59% | 10.09% | 9.33% | 9.36% | 9.10% | 8.73% | -135 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 93.51% | 96.12% | 100.81% | 113.07% | 105.24% | 100.38% | 100.49% | 95.21% | -1,786 bps | |
| Liquid Assets / Assets | 1.07% | 0.43% | 0.03% | 0.03% | 0.03% | 3.08% | 1.97% | 10.32% | +1,028 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |