Jacksonville, NC · Cert 58899
FDIC · 4 branches
Q1 2024
Market Position · Jacksonville, NC · 2023 SOD (annual) · 9.0% share · #5 of 10 inst. · $0.2B of $2.0B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.14% | 1.31% | 1.21% | 0.99% | 1.66% | +52 bps | |
| Return on Equity | 11.34% | 13.26% | 12.34% | 9.74% | 15.91% | +457 bps | |
| Net Interest Margin | 4.15% | 4.18% | 4.23% | 4.32% | 4.08% | -7 bps | |
| Efficiency Ratio | 65.78% | 62.63% | 64.72% | 71.09% | 58.23% | -755 bps | |
| Non-Interest Burden | 2.62% | 2.51% | 2.63% | 2.99% | 2.30% | -32 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 3.91% | 4.57% | 2.82% | 13.27% | 8.16% | +425 bps | |
| Loan Growth (YoY) | 23.09% | 17.38% | 13.96% | 12.79% | 10.85% | -1,224 bps | |
| Deposit Growth (YoY) | 3.55% | 3.44% | 1.45% | 12.56% | 7.63% | +408 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.79% | 0.78% | 0.78% | 0.78% | 0.75% | -4 bps | |
| Allowance Coverage of NPLs | n/a | 1263.0x | n/a | n/a | n/a | n/a | n/a |
| Capital | |||||||
| Tier 1 Leverage Ratio | 11.80% | 11.36% | 11.53% | 11.72% | 11.57% | -23 bps | |
| Total Risk-Based Capital | 11.80% | 11.36% | 11.53% | 11.72% | 11.57% | -23 bps | |
| Equity / Assets | 10.02% | 9.69% | 9.89% | 10.41% | 10.44% | +41 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 85.60% | 82.58% | 84.83% | 87.29% | 88.16% | +256 bps | |
| Liquid Assets / Assets | 10.98% | 13.88% | 11.79% | 9.98% | 9.62% | -135 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |