Salisbury, NC · Charter 63531
Q2 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2002, the quarter ended June 30, 2002, 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.
Salisbury, NC · Charter 63531
Q2 2002
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 1998 | Q2 1999 | Q4 1999 | Q2 2000 | Q4 2000 | Q2 2001 | Q4 2001 | Q2 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 3.46% | 4.02% | -0.55% | -1.96% | -3.52% | -3.74% | 0.64% | 0.70% | +266 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | -89.70% | -429% | 18.90% | n/a | n/a | |
| Net Interest Margin | n/a | n/a | 4.76% | 4.32% | 3.82% | 3.55% | 3.40% | 5.61% | +129 bps | |
| Efficiency Ratio | n/a | n/a | 67.93% | 112.98% | 85.58% | 131.30% | 78.85% | 91.91% | -2,107 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 34.64% | 30.17% | 33.04% | 19.75% | 25.19% | 14.43% | 9.51% | -6.64% | -2,638 bps | |
| Loan Growth (YoY) | 22.43% | 18.37% | 30.20% | 23.73% | 17.40% | -0.27% | -2.90% | -12.32% | -3,605 bps | |
| Share Growth (YoY) | 36.83% | 32.42% | 33.59% | 19.19% | 28.51% | 20.74% | 13.07% | 1.61% | -1,759 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 17.46% | 14.56% | 13.01% | 22.95% | 19.40% | 9.14% | 6.47% | 1.64% | -2,131 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 | 2.60% | 3.27% | 2.77% | 3.79% | 6.01% | 5.11% | 5.35% | 3.21% | -58 bps | |
| Capital | ||||||||||
| Risk-Based Capital | n/a | n/a | n/a | n/a | 3.92% | 0.87% | 3.37% | -0.33% | n/a | |
| Net Worth / Assets | n/a | n/a | n/a | n/a | 3.92% | 0.87% | 3.37% | -0.33% | n/a | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 74.16% | 79.09% | 82.02% | 79.55% | 67.75% | 65.33% | 70.43% | 68.65% | -1,090 bps | |
| Liquid Assets / Assets | 12.21% | 21.55% | 22.60% | 17.62% | 35.71% | 35.74% | 30.32% | 26.32% | +870 bps | |