Apex, NC · Charter 62845
Q4 2001
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2001, the quarter ended December 31, 2001, 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.
Apex, NC · Charter 62845
Q4 2001
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 | Q2 1998 | Q4 1998 | Q2 1999 | Q4 1999 | Q2 2000 | Q4 2000 | Q2 2001 | Q4 2001 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.91% | 1.35% | 0.38% | -0.18% | -0.32% | -0.03% | -1.43% | -2.19% | -202 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | n/a | -0.10% | -4.13% | -6.31% | n/a | |
| Net Interest Margin | n/a | n/a | n/a | 7.30% | 7.02% | 8.52% | 6.92% | 6.23% | -107 bps | |
| Efficiency Ratio | n/a | n/a | n/a | 94.00% | 89.21% | 89.16% | 107.22% | 126.26% | +3,226 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -18.73% | -17.20% | -17.94% | -30.75% | -24.22% | -37.33% | -37.69% | -28.43% | +232 bps | |
| Loan Growth (YoY) | 7.68% | 19.26% | 3.88% | -21.06% | -28.69% | -40.54% | -42.94% | -52.27% | -3,121 bps | |
| Share Growth (YoY) | -23.49% | -22.11% | -22.49% | -37.85% | -30.65% | -47.52% | -48.16% | -37.33% | +52 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.16% | 1.04% | 0.58% | 2.07% | 3.06% | 4.70% | 7.49% | 8.35% | +628 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.10% | 0.64% | 0.96% | 1.35% | 2.01% | 2.69% | 3.52% | 4.74% | +339 bps | |
| Capital | ||||||||||
| Risk-Based Capital | n/a | n/a | n/a | n/a | n/a | 34.20% | 34.74% | 34.75% | n/a | |
| Net Worth / Assets | n/a | n/a | n/a | n/a | n/a | 34.20% | 34.74% | 34.75% | n/a | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 91.16% | 103.56% | 86.32% | 97.61% | 93.72% | 117.33% | 95.02% | 74.34% | -2,327 bps | |
| Liquid Assets / Assets | 20.73% | 11.28% | 25.09% | 0.00% | 0.00% | 22.86% | 37.94% | 52.72% | +5,272 bps | |