Washington, NC · Charter 68393
Q4 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2005, the quarter ended December 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.
Washington, NC · Charter 68393
Q4 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 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -6.28% | -0.80% | -2.41% | -4.24% | -3.24% | -2.77% | -1.66% | -1.11% | +313 bps | |
| Return on Equity | -85.68% | -10.64% | -29.03% | -58.22% | -47.72% | -42.27% | -29.56% | -18.27% | +3,995 bps | |
| Net Interest Margin | 5.95% | 5.44% | 5.62% | 6.17% | 7.00% | 6.41% | 5.83% | 6.08% | -9 bps | |
| Efficiency Ratio | 124.98% | 91.99% | 102.65% | 102.73% | 112.42% | 89.16% | 68.97% | 77.67% | -2,507 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -17.98% | -6.78% | -14.27% | -9.39% | -7.52% | -20.73% | -7.03% | 1.56% | +1,094 bps | |
| Loan Growth (YoY) | 17.17% | 0.52% | 0.52% | -4.76% | -14.34% | 2.98% | 3.11% | -13.15% | -840 bps | |
| Share Growth (YoY) | -14.29% | -5.96% | -13.37% | -6.85% | -6.13% | -17.54% | -3.76% | 3.65% | +1,050 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 10.17% | 10.30% | 11.15% | 8.19% | 6.83% | 6.37% | 5.10% | 4.73% | -347 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 | 2.25% | 2.14% | 2.23% | 2.69% | 3.53% | 4.34% | 4.41% | 3.98% | +129 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.33% | 7.56% | 8.31% | 7.29% | 6.80% | 6.56% | 5.63% | 6.07% | -122 bps | |
| Net Worth / Assets | 7.33% | 7.56% | 8.31% | 7.29% | 6.80% | 6.56% | 5.63% | 6.07% | -122 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 97.89% | 82.24% | 81.20% | 91.45% | 89.33% | 102.70% | 87.00% | 76.63% | -1,482 bps | |
| Liquid Assets / Assets | 11.11% | 27.66% | 27.48% | 18.08% | 19.70% | 8.23% | 21.72% | 31.05% | +1,297 bps | |