Durham, NC · Charter 63518
Q1 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2003, the quarter ended March 31, 2003, 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 63518
Q1 2003
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 2000 | Q4 2000 | Q2 2001 | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.07% | 0.32% | -0.26% | -0.07% | -0.53% | -0.46% | -0.52% | 0.18% | +25 bps | |
| Return on Equity | n/a | 2.28% | -1.97% | -0.53% | -4.59% | -4.04% | -4.47% | 1.56% | +209 bps | |
| Net Interest Margin | 5.27% | 5.45% | 4.72% | 4.75% | 4.44% | 4.38% | 4.41% | 4.09% | -66 bps | |
| Efficiency Ratio | 93.33% | 89.25% | 92.20% | 95.05% | 98.74% | 100.75% | 103.71% | 96.02% | +98 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.08% | 0.55% | -9.05% | 1.80% | 17.14% | 18.13% | 11.77% | 14.08% | +1,229 bps | |
| Loan Growth (YoY) | 14.60% | 10.75% | 0.45% | -12.22% | -22.08% | -24.10% | -16.70% | -7.13% | +508 bps | |
| Share Growth (YoY) | -3.14% | -0.74% | -10.62% | 2.51% | 20.50% | 23.39% | 14.24% | 16.44% | +1,392 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 3.47% | 4.32% | 2.98% | 3.70% | 1.64% | 1.50% | 1.03% | 0.55% | -316 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 | 1.05% | 0.75% | 1.17% | 0.99% | 0.90% | 0.65% | 0.65% | 0.27% | -72 bps | |
| Capital | ||||||||||
| Risk-Based Capital | n/a | 14.11% | 13.26% | 13.17% | 11.55% | 11.38% | 11.60% | 11.31% | -186 bps | |
| Net Worth / Assets | n/a | 14.11% | 13.26% | 13.17% | 11.55% | 11.38% | 11.60% | 11.31% | -186 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 91.75% | 86.64% | 75.35% | 66.71% | 59.33% | 53.30% | 54.94% | 53.21% | -1,350 bps | |
| Liquid Assets / Assets | 0.00% | 21.42% | 30.30% | 37.92% | 42.70% | 48.25% | 46.98% | 49.45% | +1,153 bps | |