Peer Analysis

Performance Ratios (%) SLCT Peer Median Peer Average
ROAA 0.63 0.69 0.62
ROAE 5.24 7.60 6.39
Net Interest Margin 4.32 3.77 3.72
Efficiency Ratio 62.25 75.88 75.71
Loans / Deposits 101.91 87.40 83.96
Asset Quality Ratios (%)
NPAs / Assets 0.97 0.86 1.03
NCOs / Avg Loans 0.01 0.03 0.07
Reserves / Loans 0.91 1.02 1.11
Reserves / NPAs 74.61 103.94 140.58
Capital Ratios (%)
Tier 1 Capital 18.04 12.30 12.79
Tangible Equity / Tangible Assets 14.51 9.01 8.83
Total Equity / Total Assets 16.35 8.88 8.93
Market Ratios
Price / Earnings (x) 26.69 40.04 40.04
Price / Book (%) 113.21 98.56 110.10
Dividend Yield (%) 0.00 0.00 0.59
Data for trailing four quarters

Select Bancorp, Inc.'s peer group consists of the following: American National Bankshares Inc. (AMNB), First South Bancorp, Inc. (FSBK), Four Oaks Fincorp, Inc. (FOFN), Highlands Bankshares, Inc. (HLND), North State Bancorp (NSBC), Sound Bank (SNBN), Uwharrie Capital Corp (UWHR)

Select Bancorp, Inc.'s financial data is as of 9/30/2018.

Peer financial data is as of 9/30/2018 except for these companies:

First South Bancorp, Inc.'s financial data is as of 9/30/2017.
Four Oaks Fincorp, Inc.'s financial data is as of 9/30/2017.
Sound Bank's financial data is as of 6/30/2017.
North State Bancorp's financial data is as of 6/30/2015.