Raleigh, NC · Cert 58094
FDIC
Q3 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2011, the quarter ended September 30, 2011, 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.
Raleigh, NC · Cert 58094
FDIC
Q3 2011
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 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | Q3 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.19% | -1.10% | -2.97% | -3.63% | -3.33% | -26.85% | -22.10% | -22.82% | -1,919 bps | |
| Return on Equity | 2.45% | -13.29% | -34.74% | -41.46% | -36.46% | -228% | -186.57% | -196.81% | -15,535 bps | |
| Net Interest Margin | 4.04% | 3.15% | 2.40% | 2.72% | 3.14% | 0.95% | 1.29% | 1.15% | -158 bps | |
| Efficiency Ratio | 73.43% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
| Non-Interest Burden | 3.25% | 6.85% | 7.53% | 9.07% | 9.75% | 29.75% | 31.93% | 40.08% | +3,101 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.12% | 0.07% | -27.79% | -38.65% | -53.90% | -73.08% | -75.76% | -78.20% | -3,956 bps | |
| Loan Growth (YoY) | 7.91% | -23.14% | -36.22% | -45.95% | -52.86% | -68.15% | -77.92% | -85.32% | -3,937 bps | |
| Deposit Growth (YoY) | 12.74% | -4.47% | -28.77% | -41.80% | -56.73% | -71.69% | -75.76% | -76.93% | -3,513 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 | 0.56% | 0.60% | 0.83% | 0.53% | 0.47% | 1.91% | 2.37% | 2.73% | +220 bps | |
| Allowance / Loans | 1.54% | 0.82% | 0.89% | 1.00% | 1.07% | 1.34% | 1.74% | 1.97% | +97 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 | 11.73% | 12.87% | 12.86% | 13.16% | 15.20% | 16.84% | 18.81% | 20.33% | +717 bps | |
| Equity / Assets | 8.10% | 8.49% | 9.19% | 9.74% | 11.73% | 11.92% | 12.04% | 9.88% | +14 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.08% | 74.39% | 80.67% | 87.17% | 98.14% | 83.70% | 73.49% | 55.49% | -3,169 bps | |
| Liquid Assets / Assets | 7.74% | 24.88% | 19.05% | 16.36% | 12.88% | 13.82% | 19.17% | 40.19% | +2,383 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |