Burlington, NC · Cert 58136
FDIC
Q3 2012
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2012, the quarter ended September 30, 2012, 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.
Burlington, NC · Cert 58136
FDIC
Q3 2012
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 2010 | Q1 2011 | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -5.45% | 0.79% | 1.00% | 1.24% | 0.11% | -0.56% | 0.49% | 1.06% | -18 bps | |
| Return on Equity | -46.06% | 7.57% | 9.76% | 12.29% | 1.18% | -5.78% | 4.75% | 10.11% | -218 bps | |
| Net Interest Margin | 3.87% | 4.02% | 3.91% | 3.69% | 3.54% | 2.67% | 3.41% | 3.66% | -3 bps | |
| Efficiency Ratio | 196.23% | 79.84% | 76.54% | 75.93% | 100.48% | 111.36% | 86.95% | 77.10% | +116 bps | |
| Non-Interest Burden | 6.26% | 3.06% | 2.78% | 2.61% | 3.56% | 3.02% | 2.87% | 2.58% | -3 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -14.37% | -8.28% | 0.84% | 21.97% | 31.60% | 202% | 174.00% | 157.86% | +13,589 bps | |
| Loan Growth (YoY) | -13.77% | -7.24% | 2.29% | 9.91% | 20.12% | 184.17% | 171.11% | 177.25% | +16,734 bps | |
| Deposit Growth (YoY) | -18.88% | -4.79% | 6.29% | 31.86% | 40.35% | 221% | 183.23% | 163.96% | +13,210 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 | 5.14% | 0.21% | 0.21% | 0.14% | 0.44% | 0.51% | 0.27% | 0.29% | +15 bps | |
| Allowance / Loans | 2.97% | 2.79% | 2.63% | 2.47% | 1.89% | 0.45% | 0.48% | 0.44% | -202 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 | 14.65% | 14.25% | 14.31% | 13.73% | 11.85% | 11.62% | 12.49% | 13.28% | -45 bps | |
| Equity / Assets | 10.55% | 10.31% | 10.04% | 9.52% | 8.29% | 10.33% | 11.00% | 11.00% | +148 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 99.40% | 99.48% | 97.22% | 86.61% | 85.07% | 87.97% | 93.06% | 90.97% | +436 bps | |
| Liquid Assets / Assets | 0.65% | 0.69% | 0.97% | 0.66% | 1.26% | 1.18% | 2.34% | 0.88% | +22 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |