Edenton, NC · Charter 64061
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.
Edenton, NC · Charter 64061
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 | -0.83% | 0.04% | 8.41% | 3.02% | -2.71% | -18.16% | -18.79% | 14.05% | +1,103 bps | |
| Return on Equity | n/a | 0.42% | 69.77% | 27.12% | -28.27% | n/a | n/a | 2746% | +271,885 bps | |
| Net Interest Margin | 3.85% | 4.48% | 3.37% | 3.34% | 3.02% | 3.60% | 3.83% | 3.83% | +49 bps | |
| Efficiency Ratio | 119.19% | 99.32% | 39.66% | 66.68% | 170.13% | 425% | 424% | 28.59% | -3,809 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.96% | -3.11% | -1.24% | 0.41% | -8.34% | -14.50% | -34.41% | -27.58% | -2,800 bps | |
| Loan Growth (YoY) | -9.74% | -11.27% | -14.44% | -21.69% | -27.32% | -28.75% | -20.94% | -19.44% | +226 bps | |
| Share Growth (YoY) | 4.95% | 1.84% | -1.48% | -0.54% | -10.31% | -7.45% | -25.62% | -19.28% | -1,874 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 11.60% | 8.51% | 2.07% | 3.12% | 0.42% | 14.68% | 17.33% | 14.97% | +1,186 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 | 2.21% | 1.45% | 1.32% | 1.09% | 1.28% | 5.83% | 5.97% | 6.35% | +526 bps | |
| Capital | ||||||||||
| Risk-Based Capital | n/a | 8.45% | 12.05% | 11.13% | 9.58% | -1.34% | -3.19% | 0.51% | -1,062 bps | |
| Net Worth / Assets | n/a | 8.45% | 12.05% | 11.13% | 9.58% | -1.34% | -3.19% | 0.51% | -1,062 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 76.14% | 77.07% | 68.43% | 67.18% | 61.70% | 59.33% | 72.74% | 67.05% | -13 bps | |
| Liquid Assets / Assets | 11.51% | 19.69% | 28.02% | 29.38% | 24.35% | 24.76% | 21.81% | 28.04% | -134 bps | |