China Grove, NC · Cert 58250
FDIC
Q4 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2011, the quarter ended December 31, 2011, 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.
China Grove, NC · Cert 58250
FDIC
Q4 2011
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 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | Q3 2011 | Q4 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.22% | -1.01% | -0.61% | -0.78% | -0.21% | 0.78% | 0.97% | 0.74% | +152 bps | |
| Return on Equity | 2.77% | -13.17% | -8.13% | -10.60% | -2.91% | 8.98% | 10.11% | 7.30% | +1,789 bps | |
| Net Interest Margin | 3.00% | 2.88% | 2.89% | 2.93% | 2.96% | 3.22% | 3.60% | 3.87% | +94 bps | |
| Efficiency Ratio | 76.04% | 70.20% | 70.69% | 69.79% | 76.96% | 55.50% | 52.07% | 56.87% | -1,292 bps | |
| Non-Interest Burden | 2.23% | 1.93% | 1.94% | 1.91% | 2.20% | 1.41% | 1.56% | 1.88% | -4 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.81% | -1.56% | 4.14% | 1.84% | -4.63% | 4.22% | -1.42% | 3.04% | +120 bps | |
| Loan Growth (YoY) | -4.19% | -4.24% | -0.79% | -4.11% | -7.43% | -12.61% | -11.01% | 5.67% | +978 bps | |
| Deposit Growth (YoY) | -3.70% | 4.45% | 9.78% | 12.46% | 4.42% | 4.49% | -2.53% | -3.20% | -1,565 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 | 0.98% | 3.32% | 2.34% | 3.15% | 1.90% | 4.39% | 2.84% | 2.20% | -95 bps | |
| Allowance / Loans | 1.48% | 1.63% | 1.74% | 1.68% | 1.61% | 0.08% | 0.23% | 0.43% | -125 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 | 11.73% | 11.00% | 11.07% | 11.30% | 10.81% | 14.25% | 14.08% | 13.04% | +174 bps | |
| Equity / Assets | 7.81% | 7.34% | 6.87% | 6.98% | 7.21% | 11.78% | 11.96% | 12.21% | +523 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 94.58% | 91.53% | 84.70% | 81.55% | 83.85% | 76.55% | 77.33% | 89.02% | +747 bps | |
| Liquid Assets / Assets | 13.45% | 12.45% | 15.37% | 16.94% | 13.32% | 19.67% | 18.87% | 4.07% | -1,287 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |