Portsmouth, VA · Charter 66897
Q4 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2002, the quarter ended December 31, 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.
Portsmouth, VA · Charter 66897
Q4 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 1999 | Q2 2000 | Q4 2000 | Q2 2001 | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.31% | 0.63% | 0.71% | 0.42% | 0.36% | -8.33% | -6.55% | -19.42% | -1,985 bps | |
| Return on Equity | n/a | n/a | 4.62% | 2.73% | 2.34% | -101.32% | -78.07% | n/a | n/a | |
| Net Interest Margin | 5.21% | 5.09% | 5.43% | 4.68% | 5.95% | 6.01% | 7.60% | 9.82% | +514 bps | |
| Efficiency Ratio | 85.70% | 89.28% | 86.20% | 92.43% | 80.42% | 88.41% | 81.89% | 80.86% | -1,157 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.24% | 1.84% | -0.42% | 1.96% | 2.30% | 18.25% | 9.91% | -13.49% | -1,545 bps | |
| Loan Growth (YoY) | -4.01% | -5.28% | 1.54% | 6.04% | 31.79% | 58.36% | 38.37% | 23.67% | +1,763 bps | |
| Share Growth (YoY) | 4.80% | 0.05% | -2.36% | 2.28% | 3.95% | 18.46% | 13.71% | -0.23% | -251 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 3.67% | 5.07% | 6.37% | 3.43% | 4.74% | 9.38% | 3.75% | 6.04% | +261 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 | 1.79% | 1.78% | 1.92% | 0.88% | 1.13% | 6.11% | 2.75% | 8.90% | +802 bps | |
| Capital | ||||||||||
| Risk-Based Capital | n/a | n/a | 15.38% | 15.50% | 15.24% | 8.23% | 8.39% | -3.72% | -1,923 bps | |
| Net Worth / Assets | n/a | n/a | 15.38% | 15.50% | 15.24% | 8.23% | 8.39% | -3.72% | -1,923 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 77.36% | 79.66% | 84.73% | 81.17% | 98.08% | 106.49% | 103.10% | 100.61% | +1,944 bps | |
| Liquid Assets / Assets | 30.22% | 30.11% | 25.44% | 27.30% | 13.53% | 10.95% | 7.37% | 4.93% | -2,237 bps | |