Florence, SC · Charter 60258
Q4 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2013, the quarter ended December 31, 2013, 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.
Florence, SC · Charter 60258
Q4 2013
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.04% | 0.01% | 0.01% | 0.00% | -0.03% | -7 bps | |
| Return on Equity | 0.23% | 0.06% | 0.03% | -0.01% | -0.16% | -39 bps | |
| Net Interest Margin | 5.22% | 4.70% | 4.96% | 5.13% | 5.20% | -2 bps | |
| Efficiency Ratio | 98.77% | 99.03% | 99.13% | 99.24% | 99.71% | +94 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -0.64% | -1.24% | -10.27% | -9.37% | -10.72% | -1,009 bps | |
| Loan Growth (YoY) | -9.44% | -6.50% | -10.87% | -8.34% | 6.70% | +1,614 bps | |
| Share Growth (YoY) | -0.70% | -1.37% | -12.18% | -10.98% | -13.08% | -1,238 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.73% | 0.00% | 0.48% | 0.00% | 0.15% | -57 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 4.05% | 3.76% | 3.96% | 4.11% | 3.74% | -32 bps | |
| Capital | |||||||
| Risk-Based Capital | 16.84% | 16.57% | 17.96% | 18.37% | 18.82% | +199 bps | |
| Net Worth / Assets | 16.84% | 16.57% | 17.96% | 18.37% | 18.82% | +199 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 53.57% | 54.88% | 57.75% | 57.48% | 65.77% | +1,220 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |