Greenville, SC · Cert 58157
FDIC
Q2 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2013, the quarter ended June 30, 2013, 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.
Greenville, SC · Cert 58157
FDIC
Q2 2013
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 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.05%1 | -0.06% | 0.10% | 0.02%1 | 0.11%1 | 0.13%1 | 0.40% | 0.23% | +22 bps | |
| Return on Equity | 0.62% | -0.71% | 1.20% | 0.17% | 1.25% | 1.46% | 4.25% | 2.51% | +234 bps | |
| Net Interest Margin | 2.18% | 2.08% | 2.14% | 2.18% | 2.19% | 2.21% | 2.07% | 2.29% | +12 bps | |
| Efficiency Ratio | 97.29% | 100.81% | 85.87% | 81.12% | 78.44% | 82.24% | 81.44% | 89.39% | +827 bps | |
| Non-Interest Burden | 2.12% | 2.10% | 1.80% | 1.73% | 1.69% | 1.80% | 1.67% | 2.04% | +32 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.21% | 3.56% | 2.67% | -0.92% | 0.97% | -5.64% | -5.77% | -9.73% | -881 bps | |
| Loan Growth (YoY) | -1.13% | 2.67% | 3.49% | -2.91% | -3.51% | -3.13% | -10.29% | -10.88% | -797 bps | |
| Deposit Growth (YoY) | 12.26% | 3.91% | 2.60% | -1.33% | 3.27% | -4.93% | -5.00% | -6.40% | -506 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 | 0.73% | 0.96% | 0.63% | 2.29% | 1.58% | 1.48% | -0.25% | -0.13% | -242 bps | |
| Allowance / Loans | 1.49% | 1.66% | 1.63% | 1.20% | 1.50% | 1.60% | 1.77% | 1.82% | +63 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 | 16.96% | 16.45% | 16.42% | 16.11% | 16.68% | 16.30% | 17.13% | 17.46% | +135 bps | |
| Equity / Assets | 8.81% | 8.50% | 8.80% | 8.96% | 8.75% | 9.23% | 9.52% | 9.23% | +27 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 59.22% | 59.51% | 61.88% | 61.45% | 55.33% | 60.63% | 58.43% | 58.51% | -294 bps | |
| Liquid Assets / Assets | 19.13% | 17.23% | 9.65% | 10.80% | 14.69% | 8.44% | 10.27% | 9.41% | -139 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |