Mullens, WV · Cert 6173
FDIC · 3 branches
Q4 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2018, the quarter ended December 31, 2018, 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.
Mullens, WV · Cert 6173
FDIC · 3 branches
Q4 2018
Market Position · Beckley, WV · 2018 SOD (annual) · 0.4% share · #12 of 13 inst. · $0.0B of $1.7B
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 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.61% | 0.55% | 0.57% | 0.60% | 0.75% | 0.82% | 0.75% | 0.02% | -58 bps | |
| Return on Equity | 4.04% | 3.65% | 3.75% | 3.94% | 5.05% | 5.53% | 5.07% | 0.11% | -382 bps | |
| Net Interest Margin | 2.10% | 2.10% | 2.15% | 2.14% | 2.27% | 2.24% | 2.27% | 2.27% | +13 bps | |
| Efficiency Ratio | 75.06% | 73.97% | 71.01% | 70.45% | 63.56% | 62.92% | 66.16% | 97.35% | +2,691 bps | |
| Non-Interest Burden | 1.47% | 1.45% | 1.41% | 1.39% | 1.31% | 1.28% | 1.38% | 2.20% | +81 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.94% | 0.04% | -0.20% | 2.49% | 1.22% | 3.64% | 3.03% | 1.57% | -92 bps | |
| Loan Growth (YoY) | 1.36% | -0.93% | 0.12% | 0.57% | -0.97% | 1.68% | 0.22% | -1.44% | -201 bps | |
| Deposit Growth (YoY) | 5.08% | 0.58% | 0.10% | 2.69% | 1.58% | 4.44% | 4.06% | 1.52% | -117 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.73% | 0.00% | 0.35% | 0.25% | 0.07% | 0.53% | 0.07% | 0.40% | +15 bps | |
| Net Charge-Offs / Loans | 0.14% | 0.08% | 0.05% | 0.07% | -0.03% | -0.02% | -0.02% | -0.01% | -8 bps | |
| Allowance / Loans | 0.97% | 0.98% | 0.98% | 0.94% | 0.95% | 0.94% | 0.96% | 0.96% | +3 bps | |
| Allowance Coverage of NPLs | 1.3x | n/a | 2.8x | 3.8x | 12.8x | 1.8x | 13.6x | 2.4x | -1.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 14.98% | 15.08% | 15.29% | 15.49% | 15.74% | 15.39% | 15.46% | 14.67% | -82 bps | |
| Total Risk-Based Capital | 51.95% | 53.56% | 53.51% | 47.58% | 47.87% | 48.21% | 48.42% | 46.91% | -67 bps | |
| Equity / Assets | 15.16% | 15.27% | 15.28% | 14.99% | 14.88% | 14.62% | 14.43% | 14.06% | -93 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 39.34% | 38.70% | 38.51% | 38.66% | 38.35% | 37.68% | 37.08% | 37.53% | -113 bps | |
| Liquid Assets / Assets | 20.67% | 19.76% | 21.51% | 19.07% | 17.96% | 20.35% | 20.95% | 24.06% | +499 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |