Bristol, VA · Cert 9982
FDIC
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, 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.
Bristol, VA · Cert 9982
FDIC
Q3 2003
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 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.87% | 0.91% | 1.13% | 1.16% | 1.18% | 0.96% | 0.99% | 0.12% | -104 bps | |
| Return on Equity | n/a | 13.38% | 16.20% | 16.20% | 16.47% | 13.28% | 13.20% | 1.05% | -1,515 bps | |
| Net Interest Margin | 4.05% | 4.33% | 4.42% | 4.52% | 4.62% | 4.19% | 4.25% | 1.05% | -347 bps | |
| Efficiency Ratio | 71.86% | 63.74% | 60.52% | 61.32% | 61.37% | 65.93% | 66.04% | 76.87% | +1,555 bps | |
| Non-Interest Burden | 2.68% | 2.66% | 2.55% | 2.65% | 2.71% | 2.67% | 2.72% | 0.85% | -179 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.75% | 6.40% | 5.03% | 2.84% | -0.79% | -1.99% | -7.78% | 7.35% | +451 bps | |
| Loan Growth (YoY) | -3.36% | 1.57% | 1.05% | -3.06% | -3.98% | -9.24% | -9.66% | -3.49% | -42 bps | |
| Deposit Growth (YoY) | -0.04% | -2.49% | -1.01% | -1.72% | -5.58% | -2.72% | -6.15% | -5.98% | -426 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 | 0.21% | 0.10% | 0.12% | 0.11% | 0.11% | 0.04% | 0.06% | 0.04% | -7 bps | |
| Allowance / Loans | 1.10% | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% | 0 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 | 10.58% | 10.28% | 11.44% | 12.61% | 11.67% | 12.27% | 13.25% | 13.38% | +77 bps | |
| Equity / Assets | 6.86% | 6.80% | 7.29% | 7.82% | 7.22% | 7.25% | 8.01% | 23.05% | +1,523 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 74.50% | 80.70% | 79.15% | 75.93% | 75.76% | 75.29% | 76.19% | 77.94% | +201 bps | |
| Liquid Assets / Assets | 17.49% | 20.07% | 20.00% | 26.16% | 24.62% | 25.65% | 29.85% | 0.00% | -2,616 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |