McKenney, VA · Cert 6139
FDIC · 12 branches
Q3 2024
Market Position · Richmond, VA · 2024 SOD (annual) · 0.6% share · #15 of 28 inst. · $0.3B of $55.3B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.45% | 0.76% | 0.33% | 0.43% | -0.50% | -94 bps | |
| Return on Equity | 5.61% | 9.23% | 3.86% | 5.07% | -5.66% | -1,127 bps | |
| Net Interest Margin | 3.22% | 3.24% | 3.20% | 3.21% | 3.29% | +7 bps | |
| Efficiency Ratio | 83.52% | 78.41% | 87.27% | 81.29% | 98.24% | +1,472 bps | |
| Non-Interest Burden | 2.62% | 2.46% | 2.75% | 2.54% | 3.24% | +62 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 7.42% | 5.77% | 4.35% | 2.83% | 0.08% | -734 bps | |
| Loan Growth (YoY) | 8.97% | 4.43% | 1.85% | -1.01% | -3.93% | -1,290 bps | |
| Deposit Growth (YoY) | 0.17% | 2.33% | 1.15% | 2.85% | 0.43% | +25 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.06% | 0.08% | 0.03% | 0.10% | 0.09% | +3 bps | |
| Net Charge-Offs / Loans | 0.04% | 0.02% | 0.00% | 0.00% | -0.01% | -5 bps | |
| Allowance / Loans | 0.98% | 0.98% | 0.98% | 1.02% | 1.01% | +4 bps | |
| Allowance Coverage of NPLs | 15.9x | 11.7x | 35.3x | 10.4x | 11.0x | -5.0x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 9.71% | 9.68% | 9.89% | 9.92% | 10.02% | +30 bps | |
| Total Risk-Based Capital | 9.71% | 9.68% | 9.89% | 9.92% | 10.02% | +30 bps | |
| Equity / Assets | 7.81% | 8.56% | 8.39% | 8.61% | 8.93% | +112 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 92.06% | 92.70% | 89.84% | 90.60% | 88.07% | -399 bps | |
| Liquid Assets / Assets | 1.86% | 2.12% | 3.14% | 4.84% | 7.06% | +520 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |