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Carolina Alliance Bank

Spartanburg, SC · Cert 58432

FDIC · 7 branches

Q1 2019

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2019, the quarter ended March 31, 2019, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Carolina Alliance Bank

Spartanburg, SC · Cert 58432

FDIC · 7 branches

Q1 2019

$757.3MAssets
$590.8MLoans
$631.8MDeposits
$84.5MEquity
Loan mix
79%RE $334.2M19%C&I $81.7M1%Consumer $5.2MQ1 2018Q1 2019
Deposit mix
79%Interest-bearing $499.5M21%Noninterest $132.3MQ1 2018Q1 2019

NIM

3.77%Q1 ’173.85%Q1 ’184.11%Q1 ’19-1%-3%

Non-interest income vs. expense

3.22%Q1 ’173.20%Q1 ’183.45%Q1 ’19-1%+12%

Market Position · Spartanburg, SC · 2018 SOD (annual) · 6.7% share · #6 of 19 inst. · $0.4B of $5.4B

7.0% Spartanburg
1.7% Buncombe
0.5% Greenville
1.3% Anderson

Executive Summary

  • Earnings: ROA of 0.30%, down 39 bps year over year; NIM at 3.23%.
  • Asset quality: problem loans at 0.54% of loans (+3 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.64%, down 25 bps from a year ago.
  • Funding: loans stand at 93.51% of deposits as of Q1 2019.

Financial Results

Return on Assets (YTD, annualized)

0.30%-39 bps YoY

Net Interest Margin (YTD, annualized)

3.23%-11 bps YoY

Efficiency Ratio (YTD, annualized)

86.50%+936 bps YoY

Tier 1 Leverage Ratio

10.64%-25 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2018Q2 2018Q3 2018Q4 2018Q1 2019YoY ΔTrend
Earnings
Return on Assets0.69%0.71%0.79%0.72%0.30%-39 bps
Return on Equity6.11%6.44%7.12%6.55%2.68%-343 bps
Net Interest Margin3.34%3.29%3.26%3.18%3.23%-11 bps
Efficiency Ratio77.15%75.62%75.04%75.22%86.50%+936 bps
Non-Interest Burden2.43%2.33%2.28%2.23%2.72%+29 bps
Growth
Asset Growth (YoY)4.48%8.56%8.72%11.02%8.29%+381 bps
Loan Growth (YoY)8.96%11.00%12.11%12.82%8.49%-46 bps
Deposit Growth (YoY)3.90%10.22%10.93%11.87%10.85%+695 bps
Asset Quality
Nonperforming Loans / Loans0.51%0.48%0.50%0.49%0.54%+3 bps
Net Charge-Offs / Loans-0.07%-0.04%0.01%0.16%0.00%+7 bps
Allowance / Loans1.01%1.00%0.98%0.88%0.93%-8 bps
Allowance Coverage of NPLs2.0x2.1x2.0x1.8x1.7x-0.3x
Capital
Tier 1 Leverage Ratio10.89%10.69%10.84%10.52%10.64%-25 bps
Total Risk-Based Capital12.78%12.42%12.81%12.66%12.71%-7 bps
Equity / Assets11.10%10.77%10.91%10.94%11.15%+6 bps
Liquidity & Funding
Loans / Deposits95.54%94.50%93.41%93.59%93.51%-203 bps
Liquid Assets / Assets0.32%0.41%1.13%0.94%0.35%+3 bps
CRE / Total Capitaln/an/an/an/an/an/an/a