Muscle Shoals, AL · Charter 10286
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Muscle Shoals, AL · Charter 10286
Q1 2004
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.84% | 0.84% | 0.89% | 1.10% | 0.97% | 0.94% | 0.93% | 0.82% | -28 bps | |
| Return on Equity | 5.35% | 5.38% | 5.85% | 7.30% | 6.51% | 6.17% | 6.09% | 5.33% | -198 bps | |
| Net Interest Margin | 3.22% | 3.24% | 3.12% | 3.40% | 3.11% | 3.11% | 3.08% | 3.01% | -39 bps | |
| Efficiency Ratio | 74.54% | 75.10% | 73.81% | 70.66% | 72.33% | 73.81% | 73.74% | 74.96% | +429 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.80% | 18.67% | 18.31% | 9.95% | 12.29% | 10.12% | 6.75% | 3.49% | -646 bps | |
| Loan Growth (YoY) | -10.71% | -15.85% | -10.76% | -9.66% | -10.13% | -13.18% | -12.55% | -9.29% | +37 bps | |
| Share Growth (YoY) | 12.69% | 20.72% | 20.40% | 10.48% | 13.48% | 11.11% | 7.47% | 3.54% | -694 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.25% | 0.22% | 0.16% | 0.09% | 0.09% | 0.10% | 0.31% | 0.26% | +17 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.37% | 0.39% | 0.28% | 0.28% | 0.31% | 0.33% | 0.33% | 0.37% | +9 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 15.66% | 15.68% | 15.24% | 15.11% | 14.89% | 15.21% | 15.20% | 15.47% | +36 bps | |
| Net Worth / Assets | 15.66% | 15.68% | 15.24% | 15.11% | 14.89% | 15.21% | 15.20% | 15.47% | +36 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 63.93% | 62.29% | 60.10% | 53.79% | 50.63% | 48.67% | 48.91% | 47.13% | -667 bps | |
| Liquid Assets / Assets | 39.34% | 40.90% | 43.12% | 31.09% | 36.36% | 37.95% | 37.78% | 39.19% | +810 bps | |