PackageTrendsPeer
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Bankgreenville

Greenville, SC · Cert 58157

FDIC

Q2 2013

$105.1MAssets
$52.9MLoans
$90.4MDeposits
$9.7MEquity
Loan mix
79%RE $35.1M20%C&I $8.7M1%Consumer $0.5MQ2 2012Q2 2013
Deposit mix
94%Interest-bearing $85.1M6%Noninterest $5.2MQ2 2012Q2 2013

NIM

3.81%Q2 ’113.41%Q2 ’123.31%Q2 ’13-3%+5%

Non-interest income vs. expense

1.97%Q2 ’111.94%Q2 ’122.12%Q2 ’13-5%+18%

Executive Summary

  • Earnings: ROA of 0.23%, up 22 bps year over year; NIM at 2.29%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.13%.
  • Funding: loans stand at 58.51% of deposits as of Q2 2013.

Financial Results

Return on Assets (YTD, annualized)

0.23%+22 bps YoY

Net Interest Margin (YTD, annualized)

2.29%+12 bps YoY

Efficiency Ratio (YTD, annualized)

89.39%+827 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2012Q3 2012Q4 2012Q1 2013Q2 2013YoY ΔTrend
Earnings
Return on Assets0.02%10.11%10.13%10.40%0.23%+22 bps
Return on Equity0.17%1.25%1.46%4.25%2.51%+234 bps
Net Interest Margin2.18%2.19%2.21%2.07%2.29%+12 bps
Efficiency Ratio81.12%78.44%82.24%81.44%89.39%+827 bps
Non-Interest Burden1.73%1.69%1.80%1.67%2.04%+32 bps
Growth
Asset Growth (YoY)-0.92%0.97%-5.64%-5.77%-9.73%-881 bps
Loan Growth (YoY)-2.91%-3.51%-3.13%-10.29%-10.88%-797 bps
Deposit Growth (YoY)-1.33%3.27%-4.93%-5.00%-6.40%-506 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.29%1.58%1.48%-0.25%-0.13%-242 bps
Allowance / Loans1.20%1.50%1.60%1.77%1.82%+63 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital16.11%16.68%16.30%17.13%17.46%+135 bps
Equity / Assets8.96%8.75%9.23%9.52%9.23%+27 bps
Liquidity & Funding
Loans / Deposits61.45%55.33%60.63%58.43%58.51%-294 bps
Liquid Assets / Assets10.80%14.69%8.44%10.27%9.41%-139 bps
CRE / Total Capitaln/an/an/an/an/an/an/a