PackageTrendsPeer
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Bank of Fincastle, The

Fincastle, VA · Cert 6128

FDIC · 6 branches

Q2 2021

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: Q2 2021, the quarter ended June 30, 2021, 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

Bank of Fincastle, The

Fincastle, VA · Cert 6128

FDIC · 6 branches

Q2 2021

$267.2MAssets
$195.4MLoans
$236.3MDeposits
$29.2MEquity
Loan mix
64%RE $90.3M36%C&I $50.5M1%Consumer $1.0MQ2 2020Q2 2021
Deposit mix
60%Interest-bearing $142.1M40%Noninterest $94.2MQ2 2020Q2 2021

NIM

3.99%Q2 ’193.62%Q2 ’203.36%Q2 ’21-8%-3%

Non-interest income vs. expense

3.42%Q2 ’193.32%Q2 ’204.48%Q2 ’21-7%+43%

Market Position · Roanoke, VA · 2021 SOD (annual) · 2.3% share · #10 of 15 inst. · $0.2B of $10.3B

Executive Summary

  • Earnings: ROA of -0.76%, down 102 bps year over year; NIM at 3.11%.
  • Asset quality: problem loans at 0.52% of loans (-11 bps YoY), with net recoveries of 0.10%.
  • Capital: tier 1 leverage ratio of 10.05%, down 54 bps from a year ago.
  • Funding: loans stand at 82.70% of deposits as of Q2 2021.

Financial Results

Return on Assets (YTD, annualized)

-0.76%-102 bps YoY

Net Interest Margin (YTD, annualized)

3.11%-9 bps YoY

Efficiency Ratio (YTD, annualized)

124.72%+3,531 bps YoY

Tier 1 Leverage Ratio

10.05%-54 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2020Q3 2020Q4 2020Q1 2021Q2 2021YoY ΔTrend
Earnings
Return on Assets0.26%0.45%0.56%0.52%-0.76%-102 bps
Return on Equity2.12%3.77%4.69%4.57%-6.70%-882 bps
Net Interest Margin3.20%3.30%3.35%3.25%3.11%-9 bps
Efficiency Ratio89.41%82.94%80.73%82.72%124.72%+3,531 bps
Non-Interest Burden2.78%2.60%2.52%2.59%3.98%+120 bps
Growth
Asset Growth (YoY)15.45%20.14%15.66%21.48%5.62%-983 bps
Loan Growth (YoY)33.52%34.86%18.57%16.42%-7.07%-4,060 bps
Deposit Growth (YoY)16.76%16.76%17.55%24.02%6.38%-1,038 bps
Asset Quality
Nonperforming Loans / Loans0.62%0.58%0.59%0.53%0.52%-11 bps
Net Charge-Offs / Loans-0.24%-0.20%-0.18%-0.04%-0.10%+15 bps
Allowance / Loans1.31%1.34%1.47%1.48%1.56%+25 bps
Allowance Coverage of NPLs2.1x2.3x2.5x2.8x3.0x+0.9x
Capital
Tier 1 Leverage Ratio10.59%10.83%10.84%10.92%10.05%-54 bps
Total Risk-Based Capital16.26%16.22%16.75%18.10%17.95%+169 bps
Equity / Assets11.46%11.04%11.72%11.25%10.93%-53 bps
Liquidity & Funding
Loans / Deposits94.67%96.42%90.18%83.94%82.70%-1,198 bps
Liquid Assets / Assets3.55%6.03%8.33%15.43%16.28%+1,273 bps
CRE / Total Capitaln/an/an/an/an/an/an/a