PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

James River Bank

Waverly, VA · Cert 9990

FDIC

Q3 2001

$115.2MAssets
$67.8MLoans
$92.1MDeposits
$20.9MEquity
Loan mix
55%RE $20.0M45%C&I $16.6M0%Consumer $0.0MQ3 2000Q3 2001
Deposit mix
80%Interest-bearing $74.1M20%Noninterest $18.0MQ3 2000Q3 2001

NIM

7.10%Q1 ’016.91%Q2 ’012.03%Q3 ’01-2%-69%

Non-interest income vs. expense

3.05%Q1 ’012.98%Q2 ’010.91%Q3 ’01-5%-69%

Executive Summary

  • Earnings: ROA of 0.41%, down 73 bps year over year; NIM at 1.23%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
  • Funding: loans stand at 73.60% of deposits as of Q3 2001.

Financial Results

Return on Assets (YTD, annualized)

0.41%-73 bps YoY

Net Interest Margin (YTD, annualized)

1.23%

Efficiency Ratio (YTD, annualized)

62.23%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2000Q4 2000Q1 2001Q2 2001Q3 2001YoY ΔTrend
Earnings
Return on Assets1.13%1.22%1.26%0.70%0.41%-73 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/a4.08%4.02%1.23%n/a
Efficiency Ration/an/a62.91%61.64%62.23%n/a
Non-Interest Burdenn/an/a2.28%2.16%0.68%n/a
Growth
Asset Growth (YoY)9.38%16.97%21.52%17.61%12.62%+324 bps
Loan Growth (YoY)19.50%19.91%25.59%21.36%3.72%-1,578 bps
Deposit Growth (YoY)13.19%17.20%21.19%27.67%3.25%-994 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a0.14%0.43%-0.02%n/a
Allowance / Loansn/an/a1.42%1.95%2.03%n/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capitaln/an/a12.22%12.14%14.04%n/a
Equity / Assetsn/an/a10.26%10.10%18.10%n/a
Liquidity & Funding
Loans / Deposits73.27%68.50%70.54%72.64%73.60%+34 bps
Liquid Assets / Assets0.00%0.00%4.22%3.66%20.62%+2,062 bps
CRE / Total Capitaln/an/an/an/an/an/an/a