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Newdominion Bank

Charlotte, NC · Cert 57888

FDIC · 2 branches

Q2 2018

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2018, the quarter ended June 30, 2018, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

Newdominion Bank

Charlotte, NC · Cert 57888

FDIC · 2 branches

Q2 2018

$328.6MAssets
$277.9MLoans
$283.8MDeposits
$42.6MEquity
Loan mix
91%RE $207.1M9%C&I $19.9M0%Consumer $0.5MQ2 2017Q2 2018
Deposit mix
67%Interest-bearing $189.8M33%Noninterest $94.0MQ2 2017Q2 2018

NIM

3.91%Q2 ’164.08%Q2 ’174.14%Q2 ’18+6%0%

Non-interest income vs. expense

3.27%Q2 ’163.47%Q2 ’173.54%Q2 ’180%-8%

Market Position · Charlotte-Concord-Gastonia, NC-SC · 2018 SOD (annual) · 0.1% share · #19 of 40 inst. · $0.3B of $215.3B

0.1% Mecklenburg
1.2% Iredell

Executive Summary

  • Earnings: ROA of 1.83%, up 141 bps year over year; NIM at 3.54%.
  • Asset quality: problem loans at 0.13% of loans (+13 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 11.33%, up 14 bps from a year ago.
  • Funding: loans stand at 97.93% of deposits as of Q2 2018.

Financial Results

Return on Assets (YTD, annualized)

1.83%+141 bps YoY

Net Interest Margin (YTD, annualized)

3.54%0 bps YoY

Efficiency Ratio (YTD, annualized)

84.83%-433 bps YoY

Tier 1 Leverage Ratio

11.33%+14 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2017Q3 2017Q4 2017Q1 2018Q2 2018YoY ΔTrend
Earnings
Return on Assets0.42%0.48%1.42%0.50%1.83%+141 bps
Return on Equity3.86%4.35%12.88%4.37%15.32%+1,146 bps
Net Interest Margin3.55%3.52%3.48%3.45%3.54%0 bps
Efficiency Ratio89.17%87.50%86.24%87.30%84.83%-433 bps
Non-Interest Burden3.12%3.03%2.94%2.94%2.87%-25 bps
Growth
Asset Growth (YoY)-2.00%-1.97%7.10%9.32%3.27%+527 bps
Loan Growth (YoY)6.36%7.01%12.87%11.43%4.58%-178 bps
Deposit Growth (YoY)-0.43%1.71%8.80%9.30%6.73%+716 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.11%0.10%0.08%0.13%+13 bps
Net Charge-Offs / Loans-0.11%-0.09%-0.08%-0.01%-0.01%+10 bps
Allowance / Loans1.40%1.39%1.19%1.21%1.10%-30 bps
Allowance Coverage of NPLsn/a12.8x11.5x14.5x8.5xn/a
Capital
Tier 1 Leverage Ratio11.19%11.02%11.26%11.06%11.33%+14 bps
Total Risk-Based Capital14.24%14.31%14.26%14.79%15.25%+100 bps
Equity / Assets11.05%11.05%11.53%11.39%12.98%+192 bps
Liquidity & Funding
Loans / Deposits99.94%100.22%100.01%95.85%97.93%-201 bps
Liquid Assets / Assets7.38%7.39%7.44%11.82%12.89%+551 bps
CRE / Total Capitaln/an/an/an/an/an/an/a