Fairfax, VA · Charter 66908
Q3 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2004, the quarter ended September 30, 2004, 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.
Fairfax, VA · Charter 66908
Q3 2004
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 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.34% | 0.52% | 0.63% | 1.34% | 1.72% | 1.94% | 1.77% | 2.01% | +67 bps | |
| Return on Equity | 27.97% | 6.48% | 7.94% | 16.88% | 19.83% | 22.01% | 20.56% | 20.70% | +382 bps | |
| Net Interest Margin | 5.33% | 5.59% | 5.42% | 4.98% | 5.15% | 5.25% | 4.76% | 5.12% | +15 bps | |
| Efficiency Ratio | 62.45% | 55.88% | 56.03% | 56.45% | 56.57% | 83.37% | 76.03% | 75.62% | +1,917 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 25.78% | 22.55% | 15.67% | 29.09% | 20.57% | 18.19% | 23.68% | 5.18% | -2,391 bps | |
| Loan Growth (YoY) | 6.28% | 13.08% | 20.85% | 23.82% | 28.18% | 21.06% | 15.81% | 2.36% | -2,146 bps | |
| Share Growth (YoY) | 22.55% | 20.95% | 12.97% | 28.89% | 20.21% | 16.20% | 24.04% | 3.43% | -2,546 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.29% | 2.61% | 0.98% | 0.85% | 0.45% | 1.15% | 0.32% | 0.33% | -52 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 | 1.50% | 2.26% | 1.72% | 1.61% | 1.43% | 1.20% | 1.28% | 1.14% | -47 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 8.37% | 8.02% | 7.96% | 7.92% | 8.66% | 8.81% | 8.59% | 9.71% | +179 bps | |
| Net Worth / Assets | 8.37% | 8.02% | 7.96% | 7.92% | 8.66% | 8.81% | 8.59% | 9.71% | +179 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 85.24% | 83.57% | 85.08% | 83.18% | 90.89% | 87.07% | 79.44% | 82.32% | -86 bps | |
| Liquid Assets / Assets | 21.65% | 23.38% | 22.32% | 24.09% | 16.91% | 20.92% | 27.31% | 25.53% | +144 bps | |