Newport News, VA · Cert 58147
FDIC · 3 branches
Q3 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2014, the quarter ended September 30, 2014, 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.
Newport News, VA · Cert 58147
FDIC · 3 branches
Q3 2014
Market Position · Virginia Beach-Norfolk-Newport News, VA-NC · 2014 SOD (annual) · 0.5% share · #18 of 32 inst. · $0.1B of $21.6B
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 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.14% | -0.39% | -0.28% | -0.24% | -0.23% | 0.10% | -0.18% | -0.51% | -27 bps | |
| Return on Equity | -1.39% | -4.03% | -2.88% | -2.48% | -2.37% | 1.01% | -1.83% | -5.34% | -286 bps | |
| Net Interest Margin | 3.37% | 3.31% | 3.48% | 3.53% | 3.51% | 3.47% | 3.46% | 3.58% | +5 bps | |
| Efficiency Ratio | 104.64% | 98.73% | 97.82% | 98.70% | 98.32% | 106.11% | 110.65% | 116.71% | +1,800 bps | |
| Non-Interest Burden | 3.53% | 3.27% | 3.40% | 3.48% | 3.44% | 3.70% | 3.86% | 4.22% | +74 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.81% | -2.60% | -5.39% | -8.33% | -6.69% | -0.46% | 0.87% | -2.72% | +561 bps | |
| Loan Growth (YoY) | -3.63% | -4.31% | 1.60% | 1.07% | 1.60% | 4.66% | 3.22% | 0.01% | -106 bps | |
| Deposit Growth (YoY) | 9.59% | -1.45% | -7.34% | -9.98% | -8.19% | -2.48% | 6.19% | 1.63% | +1,161 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 | 0.69% | 0.00% | 0.23% | 0.24% | 0.39% | -0.42% | -0.23% | -0.09% | -33 bps | |
| Allowance / Loans | 1.10% | 1.27% | 1.25% | 1.22% | 1.13% | 1.10% | 1.07% | 1.07% | -16 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 | 12.29% | 12.59% | 12.26% | 12.09% | 11.88% | 11.79% | 11.65% | 11.48% | -61 bps | |
| Equity / Assets | 9.62% | 9.91% | 9.88% | 9.73% | 9.62% | 9.56% | 9.59% | 9.62% | -11 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 84.29% | 88.42% | 95.33% | 95.36% | 93.29% | 94.89% | 92.67% | 93.84% | -152 bps | |
| Liquid Assets / Assets | 11.99% | 4.80% | 2.34% | 1.51% | 1.99% | 1.46% | 2.72% | 0.58% | -93 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |