Durham, NC · Charter 63349
Q4 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2004, the quarter ended December 31, 2004, 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.
Durham, NC · Charter 63349
Q4 2004
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 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.11% | 0.08% | 0.16% | -0.01% | 0.05% | -0.25% | -0.49% | -0.40% | -39 bps | |
| Return on Equity | 0.97% | 0.68% | 1.44% | -0.11% | 0.42% | -2.16% | -4.35% | -3.29% | -318 bps | |
| Net Interest Margin | 3.92% | 3.70% | 3.82% | 3.89% | 4.13% | 4.23% | 3.99% | 4.32% | +43 bps | |
| Efficiency Ratio | 97.46% | 98.11% | 96.08% | 100.29% | 98.90% | 89.08% | 91.19% | 91.35% | -894 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.16% | -3.97% | -2.08% | -0.13% | -3.47% | -10.02% | -9.56% | -15.01% | -1,488 bps | |
| Loan Growth (YoY) | -7.74% | -13.82% | -22.12% | -16.90% | -10.78% | -5.44% | 4.43% | 5.68% | +2,257 bps | |
| Share Growth (YoY) | 6.73% | -5.52% | -1.72% | 0.37% | -4.78% | -11.05% | -9.68% | -15.80% | -1,617 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 4.46% | 5.81% | 7.68% | 7.29% | 2.55% | 2.88% | 2.18% | 2.66% | -462 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 | 2.62% | 2.77% | 0.20% | 0.93% | 1.07% | 1.30% | 1.98% | 1.72% | +79 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 11.00% | 11.14% | 11.13% | 11.11% | 11.35% | 11.69% | 11.29% | 12.13% | +102 bps | |
| Net Worth / Assets | 11.00% | 11.14% | 11.13% | 11.11% | 11.35% | 11.69% | 11.29% | 12.13% | +102 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 48.45% | 46.69% | 42.01% | 43.59% | 45.40% | 49.63% | 48.57% | 54.71% | +1,112 bps | |
| Liquid Assets / Assets | 52.72% | 54.56% | 57.89% | 56.58% | 55.27% | 51.44% | 52.54% | 46.89% | -970 bps | |