Henderson, NC · Charter 63404
Q3 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2006, the quarter ended September 30, 2006, 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.
Henderson, NC · Charter 63404
Q3 2006
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 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.04% | 0.11% | 0.05% | 0.17% | 0.15% | 0.74% | -8.50% | -5.53% | -570 bps | |
| Return on Equity | 0.33% | 0.88% | 0.38% | 1.34% | 1.22% | 6.09% | -100.08% | -64.86% | -6,621 bps | |
| Net Interest Margin | 8.20% | 7.58% | 7.18% | 7.49% | 7.69% | 8.30% | 8.20% | 7.94% | +45 bps | |
| Efficiency Ratio | 93.53% | 98.54% | 99.35% | 97.79% | 98.03% | 86.68% | 87.86% | 86.59% | -1,120 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.13% | -7.51% | -0.88% | -2.06% | -2.17% | 6.07% | -1.77% | -2.71% | -65 bps | |
| Loan Growth (YoY) | -12.06% | -11.64% | -7.46% | -4.28% | 9.87% | 9.73% | -3.40% | -16.60% | -1,232 bps | |
| Share Growth (YoY) | -1.33% | -6.69% | -4.40% | -2.47% | -2.63% | 4.62% | 2.60% | 1.48% | +395 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 3.07% | 4.47% | 4.75% | 6.22% | 11.16% | 10.96% | 12.90% | 12.10% | +588 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 | 3.70% | 3.83% | 3.72% | 3.60% | 0.97% | 1.22% | 2.74% | 1.90% | -169 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 12.02% | 12.61% | 12.39% | 12.30% | 12.43% | 12.19% | 8.49% | 8.53% | -378 bps | |
| Net Worth / Assets | 12.02% | 12.61% | 12.39% | 12.30% | 12.43% | 12.19% | 8.49% | 8.53% | -378 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 80.85% | 80.89% | 83.24% | 84.65% | 91.23% | 84.84% | 78.37% | 69.58% | -1,508 bps | |
| Liquid Assets / Assets | 27.25% | 26.40% | 25.64% | 24.99% | 17.91% | 22.76% | 0.00% | 0.00% | -2,499 bps | |