Gates, TN · Cert 10306
FDIC · 1 branch
Q2 2023
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.61% | 0.64% | 0.09% | 0.31% | 0.12% | -49 bps | |
| Return on Equity | 7.48% | 9.24% | 1.20% | 3.75% | 1.28% | -619 bps | |
| Net Interest Margin | 2.09% | 2.03% | 1.65% | 1.83% | 1.73% | -36 bps | |
| Efficiency Ratio | 73.65% | 72.20% | 91.02% | 90.44% | 98.67% | +2,502 bps | |
| Non-Interest Burden | 1.50% | 1.42% | 1.50% | 1.64% | 1.70% | +20 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 10.17% | 5.75% | 1.20% | -7.43% | -31.20% | -4,137 bps | |
| Loan Growth (YoY) | 23.29% | 28.93% | 21.25% | -5.72% | -23.04% | -4,633 bps | |
| Deposit Growth (YoY) | 16.61% | 11.98% | 5.95% | -7.51% | -34.32% | -5,093 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.76% | 1.78% | 2.14% | 2.10% | 2.29% | +53 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 9.77% | 9.88% | 9.26% | 10.92% | 11.68% | +192 bps | |
| Total Risk-Based Capital | 17.21% | 17.90% | 20.43% | 20.21% | 22.30% | +508 bps | |
| Equity / Assets | 7.01% | 6.87% | 7.82% | 8.99% | 10.56% | +354 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 31.37% | 33.22% | 29.37% | 33.32% | 36.75% | +539 bps | |
| Liquid Assets / Assets | 0.09% | 0.18% | 0.20% | 0.35% | 0.42% | +33 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |