Peer Analysis

Performance Ratios (%) SLCT Peer Median Peer Average
ROAA 0.51 0.72 0.57
ROAE 3.41 8.82 6.54
Net Interest Margin 3.80 3.73 3.64
Efficiency Ratio 66.94 73.33 78.66
Loans / Deposits 87.15 86.64 90.70
Asset Quality Ratios (%)
NPAs / Assets 0.96 0.46 1.04
NCOs / Avg Loans 0.06 0.01 0.10
Reserves / Loans 1.05 1.00 1.09
Reserves / NPAs 79.88 194.11 208.60
Capital Ratios (%)
Tier 1 Capital NA 18.15 18.15
Tangible Equity / Tangible Assets 9.82 10.07 10.21
Total Equity / Total Assets 12.04 10.37 10.38
Market Ratios
Price / Earnings (x) 18.63 9.78 9.78
Price / Book (%) 62.10 NA NA
Dividend Yield (%) 0.00 0.00 8.57
Data for trailing four quarters

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

Select Bancorp, Inc.'s financial data is as of 9/30/2020.

Peer financial data is as of 9/30/2020 except for these companies:

Highlands Bankshares, Inc.'s financial data is as of 9/30/2019.
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.
Dogwood State Bank's financial data is as of 6/30/2020.
North State Bancorp's financial data is as of 6/30/2015.