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Pisgah Community Bank

Asheville, NC · Cert 58701

FDIC

Q1 2013

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 2013, the quarter ended March 31, 2013, 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

Pisgah Community Bank

Asheville, NC · Cert 58701

FDIC

Q1 2013

$21.9MAssets
$13.5MLoans
$21.2MDeposits
$561KEquity
Loan mix
81%RE $7.3M19%C&I $1.7M0%Consumer $0.0MQ1 2012Q1 2013
Deposit mix
94%Interest-bearing $20.0M6%Noninterest $1.2MQ1 2012Q1 2013

NIM

3.33%Q1 ’113.20%Q1 ’123.03%Q1 ’13+6%-4%

Non-interest income vs. expense

5.37%Q1 ’117.68%Q1 ’127.35%Q1 ’13+17%-17%

Executive Summary

  • Earnings: ROA of -0.02%, up 819 bps year over year; NIM at 1.88%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 2.74%.
  • Funding: loans stand at 63.32% of deposits as of Q1 2013.

Financial Results

Return on Assets (YTD, annualized)

-0.02%+819 bps YoY

Net Interest Margin (YTD, annualized)

1.88%-8 bps YoY

Efficiency Ratio (YTD, annualized)

1038%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2012Q2 2012Q3 2012Q4 2012Q1 2013YoY ΔTrend
Earnings
Return on Assets-8.21%-9.11%-7.60%-7.29%-0.02%+819 bps
Return on Equity-374%-424%-360%-341%-0.71%+37,324 bps
Net Interest Margin1.96%1.98%2.01%1.86%1.88%-8 bps
Efficiency Ration/an/an/a6859%1038%n/a
Non-Interest Burden10.32%11.05%9.73%9.33%8.52%-180 bps
Growth
Asset Growth (YoY)-27.12%-9.91%-10.55%-11.65%-19.42%+770 bps
Loan Growth (YoY)-30.55%-29.00%-26.90%-27.07%-24.01%+655 bps
Deposit Growth (YoY)-26.73%-9.61%-10.72%-11.81%-19.71%+702 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.18%5.35%3.95%4.04%2.74%+292 bps
Allowance / Loans10.92%8.77%8.89%9.33%6.53%-439 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital4.56%4.25%4.22%4.77%5.01%+44 bps
Equity / Assets2.20%2.06%1.99%2.26%2.56%+36 bps
Liquidity & Funding
Loans / Deposits66.90%63.20%61.41%59.53%63.32%-358 bps
Liquid Assets / Assets29.81%29.89%31.67%34.51%28.60%-121 bps
CRE / Total Capitaln/an/an/an/an/an/an/a