Washington, VA · Cert 6925
FDIC
Q3 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2010, the quarter ended September 30, 2010, 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, VA · Cert 6925
FDIC
Q3 2010
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 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.15% | 0.04% | 0.07% | 0.26% | 0.38% | 0.71% | 0.83% | 0.89% | +62 bps | |
| Return on Equity | 1.46% | 0.40% | 0.79% | 2.84% | 4.07% | 7.36% | 8.59% | 9.05% | +621 bps | |
| Net Interest Margin | 2.97% | 2.65% | 2.74% | 2.97% | 3.10% | 3.88% | 3.89% | 3.85% | +88 bps | |
| Efficiency Ratio | 85.71% | 86.74% | 85.66% | 78.55% | 74.72% | 66.18% | 63.98% | 63.46% | -1,509 bps | |
| Non-Interest Burden | 2.52% | 2.30% | 2.34% | 2.28% | 2.24% | 2.48% | 2.38% | 2.33% | +5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 28.04% | 30.60% | 26.38% | 25.01% | 5.44% | 2.56% | 2.00% | 3.36% | -2,165 bps | |
| Loan Growth (YoY) | 27.27% | 19.09% | 14.24% | 14.67% | 14.56% | 15.23% | 14.17% | 10.24% | -443 bps | |
| Deposit Growth (YoY) | 27.47% | 30.47% | 23.27% | 16.86% | 2.79% | -4.57% | 1.15% | 7.79% | -907 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.28% | 0.11% | 0.13% | 0.22% | 0.26% | 0.27% | 0.30% | 0.40% | +18 bps | |
| Allowance / Loans | 0.90% | 0.96% | 1.08% | 1.17% | 1.23% | 1.27% | 1.28% | 1.13% | -3 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 12.44% | 11.77% | 11.89% | 11.98% | 12.11% | 12.11% | 12.60% | 12.93% | +95 bps | |
| Equity / Assets | 9.53% | 9.07% | 9.08% | 9.49% | 9.67% | 9.60% | 9.87% | 10.05% | +56 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 72.96% | 71.72% | 74.21% | 79.57% | 81.32% | 86.60% | 83.77% | 81.39% | +181 bps | |
| Liquid Assets / Assets | 0.13% | 4.23% | 1.43% | 0.19% | 0.18% | 0.27% | 0.30% | 0.19% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |