Home > New Century Bank > Performance and Condition Ratios
New Century Bank, Performance and Condition Ratios
| 2010-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.1871% | 7,280 |
| Cost of funding earning assets | 2.1983% | 597 |
| Net interest margin | 1.9888% | 7,722 |
| Noninterest income to average assets | 0.2424% | 6,211 |
| Noninterest expense to average assets | 3.6525% | 1,610 |
| Loan and lease loss provision to assets | 6.2700% | 106 |
| Net operating income to assets | -7.9579% | 7,866 |
| Return on assets (ROA) | -7.9579% | 7,867 |
| Pretax return on assets | -7.9579% | 7,859 |
| Return on Equity (ROE) | -427.0764% | 7,915 |
| Retained earnings to average equity (ytd only) | -427.0764% | 7,915 |
| Net charge-offs to loans | 0.0276% | 5,182 |
| Credit loss provision to net charge-offs | 25,862.0690% | 10 |
| Earnings coverage of net charge-offs (x) | -69.6207% | 5,602 |
| Efficiency ratio | 185.9149% | 115 |
| Assets per employee ($millions) | 6.7763% | 879 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,528 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 7.5858% | 43 |
| Loan loss allowance to noncurrent loans | 25.6915% | 6,694 |
| Noncurrent assets plus other real estate owned to assets | 30.9933% | 9 |
| Noncurrent loans to loans | 29.5263% | 23 |
| Net loans and leases to total assets | 85.8972% | 220 |
| Net loans and leases to deposits | 87.5095% | 2,311 |
| Net loans and leases to core deposits | 91.4426% | 3,178 |
| Total domestic deposits to total assets | 98.1576% | 15 |
| Equity capital to assets | 1.0006% | 7,907 |
| Core capital (leverage) ratio | 0.9122% | 7,909 |
| Tier 1 risk-based capital ratio | 1.1689% | 7,910 |
| Total risk-based capital ratio | 2.3378% | 7,910 |
| Memoranda: | ||
| Average total assets | $478,466,500 | 1,461 |
| Average earning assets | $414,317,000 | 1,535 |
| Average equity | $8,915,500 | 5,566 |
| Average total loans | $420,075,500 | 1,116 |
| 2009-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.2115% | 5,600 |
| Cost of funding earning assets | 2.4617% | 1,117 |
| Net interest margin | 2.7498% | 7,143 |
| Noninterest income to average assets | 0.2636% | 6,231 |
| Noninterest expense to average assets | 3.2397% | 3,236 |
| Loan and lease loss provision to assets | 2.0217% | 1,062 |
| Net operating income to assets | -2.4859% | 7,265 |
| Return on assets (ROA) | -2.4883% | 7,263 |
| Pretax return on assets | -2.5900% | 7,170 |
| Return on Equity (ROE) | -47.4023% | 7,657 |
| Retained earnings to average equity (ytd only) | -47.4023% | 7,649 |
| Net charge-offs to loans | 0.5718% | 3,506 |
| Credit loss provision to net charge-offs | 397.1406% | 802 |
| Earnings coverage of net charge-offs (x) | -1.1116% | 6,902 |
| Efficiency ratio | 121.1629% | 589 |
| Assets per employee ($millions) | 7.2813% | 720 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,015 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 5.6692% | 120 |
| Loan loss allowance to noncurrent loans | 23.2336% | 6,902 |
| Noncurrent assets plus other real estate owned to assets | 23.4588% | 30 |
| Noncurrent loans to loans | 24.4009% | 39 |
| Net loans and leases to total assets | 78.5546% | 1,273 |
| Net loans and leases to deposits | 81.3721% | 3,723 |
| Net loans and leases to core deposits | 116.3675% | 2,278 |
| Total domestic deposits to total assets | 96.5375% | 28 |
| Equity capital to assets | 2.6204% | 7,934 |
| Core capital (leverage) ratio | 2.7025% | 7,923 |
| Tier 1 risk-based capital ratio | 3.3369% | 7,936 |
| Total risk-based capital ratio | 4.6447% | 7,934 |
| Memoranda: | ||
| Average total assets | $494,640,800 | 1,397 |
| Average earning assets | $433,562,000 | 1,462 |
| Average equity | $25,965,000 | 2,532 |
| Average total loans | $440,385,400 | 1,092 |
| 2009-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.3530% | 5,157 |
| Cost of funding earning assets | 2.5253% | 1,221 |
| Net interest margin | 2.8277% | 7,006 |
| Noninterest income to average assets | 0.3175% | 5,938 |
| Noninterest expense to average assets | 3.0763% | 3,742 |
| Loan and lease loss provision to assets | 0.6790% | 2,704 |
| Net operating income to assets | -0.9235% | 6,778 |
| Return on assets (ROA) | -0.9325% | 6,790 |
| Pretax return on assets | -0.9325% | 6,632 |
| Return on Equity (ROE) | -15.7200% | 7,222 |
| Retained earnings to average equity (ytd only) | -15.7200% | 7,173 |
| Net charge-offs to loans | 0.2049% | 4,763 |
| Credit loss provision to net charge-offs | 366.0322% | 1,106 |
| Earnings coverage of net charge-offs (x) | -1.3177% | 6,684 |
| Efficiency ratio | 108.6323% | 793 |
| Assets per employee ($millions) | 6.6951% | 897 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,688 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 4.0087% | 298 |
| Loan loss allowance to noncurrent loans | 24.8344% | 6,791 |
| Noncurrent assets plus other real estate owned to assets | 17.3753% | 75 |
| Noncurrent loans to loans | 16.1418% | 123 |
| Net loans and leases to total assets | 83.9515% | 547 |
| Net loans and leases to deposits | 90.2655% | 2,525 |
| Net loans and leases to core deposits | 129.2023% | 1,485 |
| Total domestic deposits to total assets | 93.0051% | 86 |
| Equity capital to assets | 5.0122% | 7,948 |
| Core capital (leverage) ratio | 4.8941% | 7,930 |
| Tier 1 risk-based capital ratio | 5.8904% | 7,957 |
| Total risk-based capital ratio | 7.1759% | 7,962 |
| Memoranda: | ||
| Average total assets | $490,877,500 | 1,422 |
| Average earning assets | $436,480,750 | 1,462 |
| Average equity | $29,117,250 | 2,316 |
| Average total loans | $444,369,000 | 1,100 |
| 2009-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.2303% | 5,956 |
| Cost of funding earning assets | 2.5957% | 1,300 |
| Net interest margin | 2.6346% | 7,315 |
| Noninterest income to average assets | 0.3035% | 6,093 |
| Noninterest expense to average assets | 3.1714% | 3,426 |
| Loan and lease loss provision to assets | 0.4882% | 3,094 |
| Net operating income to assets | -0.9899% | 6,974 |
| Return on assets (ROA) | -1.0037% | 6,988 |
| Pretax return on assets | -1.0037% | 6,818 |
| Return on Equity (ROE) | -16.0940% | 7,383 |
| Retained earnings to average equity (ytd only) | -16.0940% | 7,301 |
| Net charge-offs to loans | 0.0569% | 5,698 |
| Credit loss provision to net charge-offs | 937.5000% | 514 |
| Earnings coverage of net charge-offs (x) | -9.6328% | 6,523 |
| Efficiency ratio | 118.7900% | 685 |
| Assets per employee ($millions) | 7.7662% | 547 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,532 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.7006% | 748 |
| Loan loss allowance to noncurrent loans | 16.2746% | 7,321 |
| Noncurrent assets plus other real estate owned to assets | 15.4156% | 93 |
| Noncurrent loans to loans | 16.5937% | 100 |
| Net loans and leases to total assets | 83.6298% | 688 |
| Net loans and leases to deposits | 89.4653% | 2,902 |
| Net loans and leases to core deposits | 131.1582% | 1,481 |
| Total domestic deposits to total assets | 93.4774% | 77 |
| Equity capital to assets | 5.6052% | 7,988 |
| Core capital (leverage) ratio | 5.6588% | 7,969 |
| Tier 1 risk-based capital ratio | 6.6824% | 8,028 |
| Total risk-based capital ratio | 7.9511% | 8,034 |
| Memoranda: | ||
| Average total assets | $491,588,330 | 1,441 |
| Average earning assets | $441,504,000 | 1,460 |
| Average equity | $30,657,330 | 2,219 |
| Average total loans | $450,010,670 | 1,107 |
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.7602% | 3,480 |
| Cost of funding earning assets | 2.6837% | 1,314 |
| Net interest margin | 3.0765% | 6,267 |
| Noninterest income to average assets | 0.2882% | 6,134 |
| Noninterest expense to average assets | 2.8944% | 4,175 |
| Loan and lease loss provision to assets | 0.5070% | 2,445 |
| Net operating income to assets | -0.1779% | 6,521 |
| Return on assets (ROA) | -0.1986% | 6,638 |
| Pretax return on assets | -0.2763% | 6,648 |
| Return on Equity (ROE) | -3.0142% | 6,781 |
| Retained earnings to average equity (ytd only) | -3.0142% | 6,282 |
| Net charge-offs to loans | 0.0286% | 5,127 |
| Credit loss provision to net charge-offs | 1,875.0000% | 340 |
| Earnings coverage of net charge-offs (x) | 9.5938% | 2,041 |
| Efficiency ratio | 91.7738% | 1,589 |
| Assets per employee ($millions) | 6.0312% | 1,180 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,832 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.5934% | 698 |
| Loan loss allowance to noncurrent loans | 25.0117% | 6,900 |
| Noncurrent assets plus other real estate owned to assets | 11.0785% | 173 |
| Noncurrent loans to loans | 10.3686% | 268 |
| Net loans and leases to total assets | 91.4992% | 78 |
| Net loans and leases to deposits | 100.0793% | 1,400 |
| Net loans and leases to core deposits | 133.7499% | 1,424 |
| Total domestic deposits to total assets | 91.4266% | 292 |
| Equity capital to assets | 7.7961% | 7,078 |
| Core capital (leverage) ratio | 7.5747% | 7,057 |
| Tier 1 risk-based capital ratio | 7.7067% | 8,037 |
| Total risk-based capital ratio | 8.9694% | 8,059 |
| Memoranda: | ||
| Average total assets | $473,332,500 | 1,515 |
| Average earning assets | $440,886,000 | 1,473 |
| Average equity | $31,185,500 | 2,177 |
| Average total loans | $448,062,500 | 1,126 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.9474% | 5,819 |
| Cost of funding earning assets | 3.1741% | 1,274 |
| Net interest margin | 2.7734% | 7,377 |
| Noninterest income to average assets | 0.4631% | 4,938 |
| Noninterest expense to average assets | 3.0400% | 3,939 |
| Loan and lease loss provision to assets | 3.8430% | 179 |
| Net operating income to assets | -3.8649% | 7,969 |
| Return on assets (ROA) | -3.8963% | 7,955 |
| Pretax return on assets | -3.8046% | 7,856 |
| Return on Equity (ROE) | -47.7704% | 8,139 |
| Retained earnings to average equity (ytd only) | -47.7704% | 8,121 |
| Net charge-offs to loans | 1.6050% | 707 |
| Credit loss provision to net charge-offs | 263.0373% | 1,762 |
| Earnings coverage of net charge-offs (x) | 0.0478% | 6,223 |
| Efficiency ratio | 97.7533% | 1,068 |
| Assets per employee ($millions) | 5.8756% | 1,209 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,825 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 3.7438% | 229 |
| Loan loss allowance to noncurrent loans | 34.0871% | 6,454 |
| Noncurrent assets plus other real estate owned to assets | 12.2123% | 105 |
| Noncurrent loans to loans | 10.9830% | 172 |
| Net loans and leases to total assets | 91.8437% | 88 |
| Net loans and leases to deposits | 100.6260% | 1,766 |
| Net loans and leases to core deposits | 118.6369% | 2,823 |
| Total domestic deposits to total assets | 91.2724% | 257 |
| Equity capital to assets | 5.3332% | 8,150 |
| Core capital (leverage) ratio | 4.9006% | 8,219 |
| Tier 1 risk-based capital ratio | 5.3326% | 8,256 |
| Total risk-based capital ratio | 6.6112% | 8,257 |
| Memoranda: | ||
| Average total assets | $480,895,800 | 1,427 |
| Average earning assets | $458,938,200 | 1,358 |
| Average equity | $39,223,000 | 1,719 |
| Average total loans | $437,762,000 | 1,096 |