Richmond, VA · Cert 58283
FDIC
Q2 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2011, the quarter ended June 30, 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.
Richmond, VA · Cert 58283
FDIC
Q2 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 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -3.51% | -2.62% | -4.08% | -3.54% | -5.02% | -4.86% | -10.01% | -5.95% | -241 bps | |
| Return on Equity | -59.57% | -43.89% | -73.73% | -67.86% | -105.95% | -108.47% | -492% | -369% | -30,084 bps | |
| Net Interest Margin | 2.60% | 2.73% | 2.58% | 2.61% | 2.86% | 3.26% | 3.19% | 3.44% | +83 bps | |
| Efficiency Ratio | 107.84% | 114.66% | 103.81% | 104.89% | 127.54% | 126.66% | 165.29% | 150.39% | +4,549 bps | |
| Non-Interest Burden | 2.80% | 3.12% | 2.68% | 2.73% | 3.64% | 4.14% | 5.16% | 5.15% | +241 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.86% | -9.56% | -1.96% | -8.28% | -16.64% | -29.47% | -39.98% | -43.67% | -3,539 bps | |
| Loan Growth (YoY) | 2.84% | -11.42% | -22.05% | -20.15% | -23.42% | -30.20% | -28.78% | -32.54% | -1,239 bps | |
| Deposit Growth (YoY) | 5.01% | -8.03% | -0.34% | -4.54% | -12.71% | -25.56% | -36.54% | -44.15% | -3,962 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 | 1.72% | 2.09% | 0.52% | 2.08% | 1.73% | 6.40% | 4.78% | 8.71% | +662 bps | |
| Allowance / Loans | 3.74% | 3.22% | 4.85% | 5.25% | 7.66% | 5.22% | 7.10% | 4.90% | -35 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 | 8.17% | 10.74% | 10.26% | 9.69% | 7.14% | 6.07% | 2.27% | 1.53% | -816 bps | |
| Equity / Assets | 4.71% | 6.22% | 4.90% | 4.54% | 3.01% | 3.11% | 0.83% | 0.60% | -395 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 95.39% | 94.44% | 80.79% | 78.44% | 83.68% | 88.56% | 90.67% | 94.76% | +1,632 bps | |
| Liquid Assets / Assets | 8.60% | 13.55% | 27.02% | 18.94% | 13.43% | 14.11% | 16.49% | 16.11% | -283 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |