Arden, NC · Charter 65822
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, 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.
Arden, NC · Charter 65822
Q1 2005
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 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.67% | 1.24% | 1.05% | 0.99% | 0.95% | 0.88% | 0.79% | -28.32% | -2,930 bps | |
| Return on Equity | 20.68% | 15.11% | 12.35% | 11.49% | 10.72% | 9.68% | 8.08% | -1058% | -106,972 bps | |
| Net Interest Margin | 6.29% | 6.12% | 6.10% | 5.42% | 5.27% | 5.42% | 5.85% | 6.20% | +78 bps | |
| Efficiency Ratio | 71.47% | 77.33% | 80.58% | 83.56% | 82.85% | 83.05% | 84.98% | 85.42% | +185 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.76% | 4.79% | 5.65% | -0.31% | -2.37% | -3.05% | -6.61% | -6.83% | -652 bps | |
| Loan Growth (YoY) | 6.37% | 0.67% | -1.67% | -5.24% | 1.67% | -0.64% | 0.76% | -5.43% | -19 bps | |
| Share Growth (YoY) | 12.37% | 3.87% | 4.98% | -1.16% | -3.15% | -4.13% | -7.95% | -0.91% | +25 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.22% | 0.33% | 0.00% | 0.10% | 0.12% | 0.02% | 0.34% | 0.00% | -10 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 | 1.81% | 1.96% | 1.72% | 1.11% | 1.12% | 0.94% | 1.07% | 9.07% | +796 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 8.08% | 8.19% | 8.49% | 8.60% | 8.84% | 9.11% | 9.78% | 2.68% | -593 bps | |
| Net Worth / Assets | 8.08% | 8.19% | 8.49% | 8.60% | 8.84% | 9.11% | 9.78% | 2.68% | -593 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 87.10% | 86.75% | 87.19% | 86.31% | 91.44% | 89.90% | 95.45% | 82.37% | -394 bps | |
| Liquid Assets / Assets | 15.39% | 15.81% | 15.96% | 17.24% | 11.69% | 13.35% | 9.55% | 17.20% | -4 bps | |