Easley, SC · Cert 57868
FDIC
Q4 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2010, the quarter ended December 31, 2010, 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.
Easley, SC · Cert 57868
FDIC
Q4 2010
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 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.07%1 | -0.33% | -0.89% | -4.38% | -1.82% | -1.74% | -2.55% | -3.79% | +59 bps | |
| Return on Equity | 0.85% | -4.15% | -11.71% | -65.89% | -65.28% | -67.59% | -112.20% | -223% | -15,715 bps | |
| Net Interest Margin | 3.03% | 2.98% | 2.84% | 2.55% | 1.88% | 1.61% | 1.35% | 1.71% | -84 bps | |
| Efficiency Ratio | 72.97% | 79.83% | 82.15% | 106.92% | 142.91% | 152.16% | 173.98% | 194.38% | +8,746 bps | |
| Non-Interest Burden | 2.13% | 2.30% | 2.26% | 2.75% | 2.83% | 2.62% | 2.60% | 3.73% | +98 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.65% | 0.93% | 15.10% | 8.68% | 14.51% | 20.03% | 0.31% | -19.06% | -2,774 bps | |
| Loan Growth (YoY) | 2.25% | -2.75% | -8.62% | -14.27% | -17.97% | -20.29% | -19.96% | -21.21% | -694 bps | |
| Deposit Growth (YoY) | 3.96% | 5.36% | 27.04% | 25.78% | 23.01% | 29.86% | 6.35% | -16.63% | -4,240 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 | -0.03% | 0.78% | 1.85% | 4.40% | 1.57% | 2.75% | 3.71% | 5.91% | +151 bps | |
| Allowance / Loans | 2.97% | 3.15% | 3.52% | 4.71% | 4.98% | 4.74% | 4.88% | 4.45% | -26 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 | 10.70% | 10.73% | 10.16% | 6.25% | 5.91% | 5.36% | 3.48% | -1.01% | -726 bps | |
| Equity / Assets | 8.07% | 7.82% | 6.64% | 2.97% | 2.60% | 2.21% | 1.36% | -1.29% | -425 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 98.10% | 94.58% | 77.42% | 72.99% | 65.43% | 58.05% | 58.27% | 68.97% | -401 bps | |
| Liquid Assets / Assets | 0.12% | 0.12% | 0.11% | 0.11% | 0.11% | 0.10% | 0.11% | 0.14% | +3 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |