Henderson, NC · Charter 68121
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
Henderson, NC · Charter 68121
Q1 2014
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 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.20% | -0.04% | 0.10% | 0.00% | 0.13% | -0.38% | -1.08% | -2.83% | -283 bps | |
| Return on Equity | 2.24% | -0.38% | 1.06% | 0.05% | 1.33% | -4.01% | -12.35% | -32.87% | -3,293 bps | |
| Net Interest Margin | 4.18% | 4.27% | 4.40% | 4.28% | 4.27% | 4.40% | 4.59% | 4.65% | +37 bps | |
| Efficiency Ratio | 94.64% | 94.90% | 88.31% | 93.22% | 89.39% | 101.68% | 108.02% | 156.09% | +6,287 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.38% | -2.02% | -0.89% | -3.76% | -5.29% | -6.30% | -6.50% | -14.10% | -1,034 bps | |
| Loan Growth (YoY) | 46.31% | 42.12% | -6.21% | -7.16% | -7.11% | -6.43% | -8.76% | -9.39% | -222 bps | |
| Share Growth (YoY) | 2.46% | 0.91% | 2.43% | -2.11% | -4.47% | -6.12% | -5.59% | -14.08% | -1,197 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 3.68% | 3.70% | 5.44% | 4.74% | 5.44% | 5.17% | 10.02% | 7.04% | +231 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 | 2.31% | 2.52% | 2.97% | 3.05% | 3.12% | 3.12% | 3.29% | 3.26% | +21 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 8.98% | 9.42% | 9.70% | 9.50% | 9.54% | 9.42% | 8.72% | 8.60% | -91 bps | |
| Net Worth / Assets | 8.98% | 9.42% | 9.70% | 9.50% | 9.54% | 9.42% | 8.72% | 8.60% | -91 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 95.68% | 95.02% | 97.49% | 92.16% | 93.04% | 94.71% | 94.23% | 97.19% | +504 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |