Wilmington, NC · Charter 64741
Q2 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2006, the quarter ended June 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.
Wilmington, NC · Charter 64741
Q2 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 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.58% | -0.74% | -0.62% | -0.60% | -0.55% | -0.39% | -0.36% | -0.23% | +36 bps | |
| Return on Equity | -4.82% | -6.41% | -5.37% | -5.04% | -4.59% | -3.11% | -3.06% | -2.06% | +298 bps | |
| Net Interest Margin | 3.91% | 3.88% | 3.82% | 4.08% | 4.23% | 4.39% | 4.07% | 4.08% | 0 bps | |
| Efficiency Ratio | 100.78% | 102.15% | 109.06% | 106.49% | 104.63% | 103.61% | 105.03% | 103.58% | -291 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -7.99% | -4.48% | -3.38% | -7.58% | -6.27% | -9.84% | -4.11% | 3.41% | +1,099 bps | |
| Loan Growth (YoY) | 7.56% | -1.32% | -6.23% | -2.60% | -2.99% | -8.15% | -8.93% | -13.95% | -1,135 bps | |
| Share Growth (YoY) | -9.24% | -4.26% | -2.67% | -7.70% | -6.19% | -10.59% | -4.38% | 4.04% | +1,174 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.04% | 0.89% | 0.62% | 0.85% | 0.73% | 0.30% | 0.16% | 0.08% | -77 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 | 0.74% | 1.12% | 1.09% | 1.03% | 1.06% | 0.94% | 0.91% | 0.94% | -9 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 11.99% | 11.58% | 11.47% | 11.85% | 12.04% | 12.46% | 11.67% | 11.28% | -57 bps | |
| Net Worth / Assets | 11.99% | 11.58% | 11.47% | 11.85% | 12.04% | 12.46% | 11.67% | 11.28% | -57 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 55.98% | 55.64% | 54.12% | 57.57% | 57.89% | 57.15% | 51.54% | 47.62% | -995 bps | |
| Liquid Assets / Assets | 24.04% | 25.45% | 30.38% | 25.58% | 28.12% | 30.12% | 42.32% | 0.00% | -2,558 bps | |