Laurens, SC · Cert 8997
FDIC · 32 branches
Q2 2015
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2015, the quarter ended June 30, 2015, 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.
Laurens, SC · Cert 8997
FDIC · 32 branches
Q2 2015
Market Position · Greenville-Anderson-Mauldin, SC · 2015 SOD (annual) · 4.4% share · #8 of 36 inst. · $0.7B of $14.8B
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 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | Q2 2015 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 3.10% | 2.49% | 0.75% | 0.75% | 0.79% | 0.90% | 0.94% | 1.08% | +32 bps | |
| Return on Equity | 32.85% | 25.42% | 6.55% | 6.50% | 6.74% | 7.65% | 8.04% | 9.20% | +270 bps | |
| Net Interest Margin | 3.73% | 3.67% | 3.63% | 3.59% | 3.60% | 3.55% | 3.48% | 3.43% | -16 bps | |
| Efficiency Ratio | 76.78% | 76.35% | 76.42% | 75.81% | 76.43% | 75.79% | 66.44% | 67.96% | -785 bps | |
| Non-Interest Burden | 2.59% | 2.52% | 2.48% | 2.43% | 2.48% | 2.40% | 1.82% | 1.91% | -52 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.51% | -4.84% | -0.01% | 0.57% | -0.22% | 2.62% | 6.75% | 6.71% | +615 bps | |
| Loan Growth (YoY) | 1.86% | 3.23% | 2.67% | 1.83% | 2.44% | 4.80% | 10.19% | 9.14% | +731 bps | |
| Deposit Growth (YoY) | -7.02% | -11.33% | -4.54% | -3.19% | -0.85% | 2.31% | 4.29% | 5.25% | +844 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 | 0.49% | 0.62% | 0.13% | 0.23% | 0.11% | 0.16% | 0.19% | -0.10% | -34 bps | |
| Allowance / Loans | 2.20% | 2.14% | 2.14% | 2.06% | 1.98% | 1.60% | 1.55% | 1.55% | -51 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 | 11.84% | 11.72% | n/a | |
| Total Risk-Based Capital | 15.50% | 15.48% | 16.07% | 16.54% | 16.64% | 16.24% | 15.62% | 15.77% | -77 bps | |
| Equity / Assets | 10.96% | 11.31% | 11.51% | 11.90% | 11.93% | 11.86% | 11.55% | 11.71% | -18 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 80.21% | 84.73% | 81.62% | 81.56% | 82.87% | 86.80% | 86.24% | 84.58% | +301 bps | |
| Liquid Assets / Assets | 3.11% | 1.27% | 3.99% | 3.28% | 2.25% | 1.24% | 3.18% | 3.94% | +66 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |