Richmond, VA · Charter 66977
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.
Richmond, VA · Charter 66977
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 | 1.33% | 1.46% | 0.35% | -2.06% | -5.57% | -4.60% | -4.78% | -4.04% | -197 bps | |
| Return on Equity | n/a | 8.27% | 1.96% | -14.34% | -48.58% | -44.28% | -48.58% | -50.44% | -3,611 bps | |
| Net Interest Margin | 5.37% | 5.54% | 3.97% | 3.23% | 1.27% | 1.44% | 1.68% | 1.81% | -141 bps | |
| Efficiency Ratio | 67.26% | 66.60% | 80.56% | 108.92% | 271% | 237% | 221% | 197.09% | +8,817 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.31% | -0.95% | -7.92% | 3.08% | 5.14% | 11.79% | 4.23% | 7.98% | +489 bps | |
| Loan Growth (YoY) | -15.46% | -14.16% | -17.58% | -23.40% | -39.21% | -36.30% | -27.11% | -20.71% | +269 bps | |
| Share Growth (YoY) | 0.93% | -3.55% | -11.15% | 4.26% | 10.97% | 21.87% | 14.03% | 16.53% | +1,227 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 5.98% | 2.54% | 8.61% | 0.00% | 3.52% | 1.97% | 1.65% | 2.14% | +214 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 | 4.88% | 2.52% | 3.66% | 7.47% | 7.37% | 6.66% | 6.24% | 6.88% | -59 bps | |
| Capital | ||||||||||
| Risk-Based Capital | n/a | 17.65% | 17.63% | 14.39% | 11.46% | 10.39% | 9.84% | 8.00% | -639 bps | |
| Net Worth / Assets | n/a | 17.65% | 17.63% | 14.39% | 11.46% | 10.39% | 9.84% | 8.00% | -639 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 65.44% | 65.50% | 59.69% | 47.90% | 35.84% | 34.23% | 38.16% | 32.59% | -1,531 bps | |
| Liquid Assets / Assets | 43.19% | 0.97% | 49.75% | 59.62% | 61.71% | 69.07% | 64.37% | 69.08% | +946 bps | |