Warrenton, VA · Cert 6923
FDIC · 11 branches
Q1 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2021, the quarter ended March 31, 2021, 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.
Warrenton, VA · Cert 6923
FDIC · 11 branches
Q1 2021
Market Position · Washington-Arlington-Alexandria, DC-VA-MD-WV · 2020 SOD (annual) · 0.2% share · #27 of 72 inst. · $0.7B of $313.5B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.99% | 1.06% | 1.03% | 0.87% | 0.88% | 0.86% | 0.81% | 0.14% | -73 bps | |
| Return on Equity | 10.80% | 11.39% | 10.97% | 8.79% | 9.14% | 9.16% | 8.78% | 1.61% | -719 bps | |
| Net Interest Margin | 3.48% | 3.48% | 3.39% | 3.50% | 3.23% | 3.06% | 3.04% | 3.02% | -48 bps | |
| Efficiency Ratio | 72.36% | 71.09% | 71.79% | 72.01% | 67.26% | 68.49% | 73.48% | 93.03% | +2,102 bps | |
| Non-Interest Burden | 2.26% | 2.19% | 2.17% | 2.27% | 1.92% | 1.85% | 2.03% | 2.74% | +47 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.19% | 8.44% | -1.18% | 3.79% | 15.01% | 15.66% | 20.05% | 25.32% | +2,153 bps | |
| Loan Growth (YoY) | 6.47% | 2.57% | 0.20% | 4.30% | 14.46% | 16.76% | 12.11% | 9.67% | +537 bps | |
| Deposit Growth (YoY) | 7.27% | 8.39% | -2.07% | 6.28% | 16.31% | 20.57% | 23.14% | 29.85% | +2,357 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.51% | 0.51% | 0.48% | 0.38% | 0.40% | 0.30% | 0.30% | 0.45% | +7 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.01% | 0.05% | -0.01% | 0.03% | 0.03% | 0.02% | -0.06% | -4 bps | |
| Allowance / Loans | 0.99% | 0.99% | 0.95% | 0.98% | 1.03% | 1.05% | 1.11% | 1.15% | +17 bps | |
| Allowance Coverage of NPLs | 2.0x | 1.9x | 2.0x | 2.6x | 2.5x | 3.5x | 3.8x | 2.6x | 0.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.43% | 9.59% | 9.40% | 9.81% | 9.00% | 8.67% | 8.54% | 8.31% | -150 bps | |
| Total Risk-Based Capital | 13.38% | 13.73% | 13.54% | 13.41% | 13.48% | 13.63% | 13.87% | 14.27% | +86 bps | |
| Equity / Assets | 9.46% | 9.62% | 9.74% | 10.03% | 9.01% | 9.00% | 8.72% | 8.12% | -191 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.57% | 89.04% | 88.40% | 90.29% | 88.15% | 86.22% | 80.48% | 76.25% | -1,404 bps | |
| Liquid Assets / Assets | 6.04% | 6.32% | 4.69% | 2.60% | 7.51% | 6.99% | 12.26% | 14.97% | +1,236 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |