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 (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.83% | 0.03% | 0.18% | 0.27% | 0.40% | 0.33% | 0.38% | 0.09% | -18 bps | |
| Return on Equity | 9.54% | 0.34% | 2.24% | 3.36% | 4.83% | 3.86% | 4.47% | 1.03% | -233 bps | |
| Net Interest Margin | 3.54% | 3.58% | 3.41% | 3.30% | 3.23% | 3.20% | 3.19% | 3.27% | -3 bps | |
| Efficiency Ratio | 73.23% | 83.92% | 85.55% | 84.88% | 83.26% | 87.27% | 84.25% | 88.85% | +397 bps | |
| Non-Interest Burden | 2.47% | 2.96% | 2.87% | 2.75% | 2.63% | 2.75% | 2.63% | 2.87% | +13 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.06% | 8.44% | 6.68% | 7.42% | 5.77% | 4.35% | 2.83% | 0.08% | -734 bps | |
| Loan Growth (YoY) | 20.94% | 16.35% | 10.31% | 8.97% | 4.43% | 1.85% | -1.01% | -3.93% | -1,290 bps | |
| Deposit Growth (YoY) | 2.95% | 3.53% | -2.01% | 0.17% | 2.33% | 1.15% | 2.85% | 0.43% | +25 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.09% | 0.07% | 0.07% | 0.06% | 0.08% | 0.03% | 0.10% | 0.09% | +3 bps | |
| Net Charge-Offs / Loans | 0.02% | -0.02% | 0.00% | 0.01% | 0.02% | 0.00% | 0.00% | 0.00% | -2 bps | |
| Allowance / Loans | 1.00% | 0.99% | 0.98% | 0.98% | 0.98% | 0.98% | 1.02% | 1.01% | +4 bps | |
| Allowance Coverage of NPLs | 11.6x | 13.8x | 15.0x | 15.9x | 11.7x | 35.3x | 10.4x | 11.0x | -5.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.13% | 9.89% | 9.80% | 9.71% | 9.68% | 9.89% | 9.92% | 10.02% | +30 bps | |
| Total Risk-Based Capital | 10.13% | 9.89% | 9.80% | 9.71% | 9.68% | 9.89% | 9.92% | 10.02% | +30 bps | |
| Equity / Assets | 8.25% | 8.33% | 8.13% | 7.81% | 8.56% | 8.39% | 8.61% | 8.93% | +112 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.83% | 89.22% | 94.12% | 92.06% | 92.70% | 89.84% | 90.60% | 88.07% | -399 bps | |
| Liquid Assets / Assets | 0.59% | 2.04% | 2.07% | 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 | n/a | n/a | n/a |