Spring City, TN · Cert 10693
FDIC · 13 branches
Q2 2024
Market Position · Chattanooga, TN-GA · 2024 SOD (annual) · 1.0% share · #18 of 29 inst. · $0.2B of $15.1B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.66% | 1.27% | 1.17% | 0.89% | -3.11% | -477 bps | |
| Return on Equity | 19.22% | 15.04% | 13.73% | 10.14% | -37.72% | -5,695 bps | |
| Net Interest Margin | 4.43% | 4.19% | 4.10% | 3.78% | 3.79% | -63 bps | |
| Efficiency Ratio | 66.23% | 72.00% | 72.98% | 74.11% | 165.56% | +9,933 bps | |
| Non-Interest Burden | 2.65% | 2.81% | 2.80% | 2.62% | 6.75% | +410 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -3.29% | 1.62% | 0.95% | 2.30% | -2.32% | +97 bps | |
| Loan Growth (YoY) | -0.83% | -2.16% | -4.55% | -3.59% | -9.71% | -888 bps | |
| Deposit Growth (YoY) | -7.21% | -1.28% | 3.04% | 4.37% | 1.36% | +857 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 1.03% | 1.07% | 0.77% | 0.76% | 0.76% | -27 bps | |
| Net Charge-Offs / Loans | -0.63% | -0.39% | -0.29% | 0.05% | 0.05% | +68 bps | |
| Allowance / Loans | 1.26% | 1.27% | 1.29% | 1.31% | 1.39% | +13 bps | |
| Allowance Coverage of NPLs | 1.2x | 1.2x | 1.7x | 1.7x | 1.8x | +0.6x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 10.30% | 9.80% | 9.98% | 10.21% | 8.34% | -196 bps | |
| Total Risk-Based Capital | 10.30% | 9.80% | 9.98% | 10.21% | 8.34% | -196 bps | |
| Equity / Assets | 8.72% | 7.90% | 8.81% | 8.80% | 7.10% | -162 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 87.27% | 84.92% | 82.85% | 80.09% | 77.74% | -953 bps | |
| Liquid Assets / Assets | 6.34% | 9.01% | 9.22% | 12.08% | 13.46% | +712 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |