Fairfax, VA · Cert 58174
FDIC · 6 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.
Fairfax, VA · Cert 58174
FDIC · 6 branches
Q3 2014
Market Position · Washington-Arlington-Alexandria, DC-VA-MD-WV · 2014 SOD (annual) · 0.4% share · #24 of 87 inst. · $0.8B of $197.1B
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 | 1.12% | 1.03% | 1.12% | 1.07% | 1.08% | 0.97% | 0.93% | 0.98% | -9 bps | |
| Return on Equity | 11.61% | 11.65% | 11.82% | 10.73% | 10.69% | 8.98% | 8.58% | 8.94% | -179 bps | |
| Net Interest Margin | 3.30% | 3.47% | 3.44% | 3.37% | 3.35% | 3.46% | 3.44% | 3.42% | +5 bps | |
| Efficiency Ratio | 65.59% | 64.40% | 63.55% | 63.69% | 62.51% | 57.59% | 61.07% | 61.05% | -264 bps | |
| Non-Interest Burden | 1.57% | 1.67% | 1.60% | 1.66% | 1.65% | 1.69% | 1.79% | 1.78% | +11 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 35.20% | 30.13% | 21.15% | 14.18% | 14.49% | 13.99% | 12.73% | 13.94% | -24 bps | |
| Loan Growth (YoY) | 39.01% | 28.41% | 22.24% | 12.85% | 12.73% | 16.50% | 18.09% | 21.94% | +908 bps | |
| Deposit Growth (YoY) | 34.25% | 32.00% | 18.37% | 14.26% | 7.77% | 5.89% | 6.39% | 4.51% | -974 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 | 0.20% | 0.03% | 0.01% | 0.00% | 0.03% | 0.10% | 0.05% | 0.04% | +4 bps | |
| Allowance / Loans | 1.30% | 1.39% | 1.43% | 1.47% | 1.37% | 1.36% | 1.34% | 1.28% | -19 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 | 12.06% | 12.45% | 15.60% | 15.84% | 14.86% | 14.76% | 14.62% | 14.44% | -141 bps | |
| Equity / Assets | 8.87% | 8.80% | 10.61% | 11.34% | 10.75% | 10.92% | 10.81% | 11.16% | -18 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 96.30% | 91.23% | 90.14% | 92.99% | 100.73% | 100.37% | 100.06% | 108.49% | +1,550 bps | |
| Liquid Assets / Assets | 1.39% | 3.41% | 6.16% | 2.51% | 2.52% | 1.59% | 3.91% | 2.39% | -13 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |