Peer Analysis

Performance Ratios (%) SLCT Peer Median Peer Average
ROAA 1.03 0.72 0.76
ROAE 6.08 7.61 8.09
Net Interest Margin 4.04 3.79 3.75
Efficiency Ratio 64.43 73.87 73.76
Loans / Deposits 103.74 87.53 83.34
Asset Quality Ratios (%)
NPAs / Assets 1.23 1.01 1.26
NCOs / Avg Loans 0.08 0.01 0.07
Reserves / Loans 0.81 1.00 1.06
Reserves / NPAs 53.08 66.17 88.38
Capital Ratios (%)
Tier 1 Capital NA 12.34 12.34
Tangible Equity / Tangible Assets 14.94 9.18 9.14
Total Equity / Total Assets 16.69 8.88 9.35
Market Ratios
Price / Earnings (x) 17.38 15.66 15.66
Price / Book (%) 101.83 115.90 115.90
Dividend Yield (%) 0.00 0.00 0.61
Data for trailing four quarters

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

Select Bancorp, Inc.'s financial data is as of 12/31/2019.

Peer financial data is as of 12/31/2019 except for these companies:

Uwharrie Capital Corp's financial data is as of 9/30/2019.
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 6/30/2017.
North State Bancorp's financial data is as of 6/30/2015.