Charleston, SC · Cert 58219
FDIC · 4 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.
Charleston, SC · Cert 58219
FDIC · 4 branches
Q3 2014
Market Position · Charleston-North Charleston, SC · 2014 SOD (annual) · 2.5% share · #12 of 32 inst. · $0.3B of $10.4B
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 | 0.56% | 0.74% | 0.83% | 0.79% | 0.79% | 0.70% | 0.80% | 0.96% | +17 bps | |
| Return on Equity | 4.99% | 6.67% | 7.46% | 7.05% | 7.09% | 6.52% | 7.44% | 8.97% | +192 bps | |
| Net Interest Margin | 3.58% | 3.57% | 3.63% | 3.57% | 3.59% | 3.50% | 3.47% | 3.34% | -23 bps | |
| Efficiency Ratio | 70.52% | 72.46% | 72.81% | 74.48% | 74.18% | 80.02% | 76.81% | 75.12% | +65 bps | |
| Non-Interest Burden | 2.37% | 2.37% | 2.40% | 2.41% | 2.41% | 2.61% | 2.36% | 2.15% | -26 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.60% | 11.09% | 9.06% | 3.17% | 9.23% | 8.04% | 13.15% | 16.09% | +1,292 bps | |
| Loan Growth (YoY) | 7.31% | 9.33% | 10.90% | 5.27% | 8.46% | 12.81% | 15.51% | 18.35% | +1,309 bps | |
| Deposit Growth (YoY) | 7.61% | 11.41% | 8.84% | 2.01% | 7.14% | 5.77% | 13.33% | 16.41% | +1,440 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 | 0.55% | 0.08% | -0.04% | -0.05% | 0.04% | -0.33% | -0.17% | -0.13% | -8 bps | |
| Allowance / Loans | 1.84% | 1.83% | 1.76% | 1.76% | 1.66% | 1.60% | 1.48% | 1.40% | -36 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 | 14.64% | 14.56% | 14.56% | 14.87% | 14.69% | 14.68% | 14.59% | 14.62% | -26 bps | |
| Equity / Assets | 11.16% | 10.96% | 11.17% | 11.34% | 10.84% | 10.75% | 10.59% | 10.61% | -73 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 98.41% | 95.14% | 102.18% | 103.70% | 99.63% | 101.48% | 104.15% | 105.43% | +173 bps | |
| Liquid Assets / Assets | 3.05% | 6.00% | 1.11% | 1.19% | 4.26% | 3.32% | 2.15% | 0.90% | -29 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |