Charlotte, NC · Cert 58408
FDIC · 54 branches
Q3 2017
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2017, the quarter ended September 30, 2017, 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.
Charlotte, NC · Cert 58408
FDIC · 54 branches
Q3 2017
Market Position · Charlotte-Concord-Gastonia, NC-SC · 2017 SOD (annual) · 0.5% share · #7 of 42 inst. · $1.0B of $217.1B
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 2015 | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.82% | 0.55% | 0.73% | 0.80% | 0.80% | 1.00% | 1.10% | 1.14% | +33 bps | |
| Return on Equity | 6.79% | 4.42% | 5.81% | 6.40% | 6.41% | 7.99% | 8.80% | 8.95% | +255 bps | |
| Net Interest Margin | 3.38% | 3.57% | 3.55% | 3.53% | 3.43% | 3.50% | 3.53% | 3.56% | +3 bps | |
| Efficiency Ratio | 70.00% | 78.92% | 71.90% | 69.20% | 69.70% | 59.73% | 58.06% | 57.41% | -1,179 bps | |
| Non-Interest Burden | 2.18% | 2.69% | 2.37% | 2.23% | 2.21% | 1.83% | 1.79% | 1.77% | -47 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.28% | 31.66% | 30.00% | 30.07% | 30.93% | 5.07% | 5.37% | 0.63% | -2,944 bps | |
| Loan Growth (YoY) | 9.70% | 40.74% | 40.21% | 39.81% | 38.55% | 7.87% | 7.11% | 1.98% | -3,783 bps | |
| Deposit Growth (YoY) | 5.26% | 32.57% | 31.99% | 27.77% | 28.39% | 0.48% | 2.65% | -0.64% | -2,842 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.39% | 0.38% | 0.30% | +30 bps | |
| Net Charge-Offs / Loans | 0.00% | -0.04% | -0.03% | -0.03% | -0.02% | 0.00% | 0.01% | 0.00% | +3 bps | |
| Allowance / Loans | 0.52% | 0.43% | 0.46% | 0.49% | 0.50% | 0.52% | 0.51% | 0.51% | +2 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | 1.3x | 1.3x | 1.7x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.66% | 10.62% | 10.81% | 11.00% | 10.77% | 10.74% | 10.77% | 11.09% | +10 bps | |
| Total Risk-Based Capital | 13.86% | 13.31% | 13.42% | 13.37% | 13.44% | 13.26% | 13.33% | 13.89% | +52 bps | |
| Equity / Assets | 12.01% | 12.65% | 12.72% | 12.68% | 12.56% | 12.44% | 12.57% | 13.19% | +51 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.07% | 91.29% | 94.29% | 95.69% | 96.11% | 98.01% | 98.39% | 98.22% | +253 bps | |
| Liquid Assets / Assets | 4.96% | 4.83% | 4.38% | 4.30% | 4.35% | 3.73% | 4.31% | 4.29% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |