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Bank of Toccoa, The

Toccoa, GA · Cert 11296

FDIC

Q1 2003

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2003, the quarter ended March 31, 2003, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Bank of Toccoa, The

Toccoa, GA · Cert 11296

FDIC

Q1 2003

$120.1MAssets
$91.9MLoans
$100.9MDeposits
$18.5MEquity
Loan mix
91%RE $49.6M9%C&I $5.1M0%Consumer $0.0MQ1 2002Q1 2003
Deposit mix
81%Interest-bearing $81.7M19%Noninterest $19.2MQ1 2002Q1 2003

NIM

8.43%Q1 ’016.82%Q1 ’025.76%Q1 ’03-5%-8%

Non-interest income vs. expense

2.06%Q1 ’012.22%Q1 ’022.41%Q1 ’03+6%+14%

Executive Summary

  • Earnings: ROA of 1.23%, down 30 bps year over year; NIM at 3.89%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.10%.
  • Funding: loans stand at 91.02% of deposits as of Q1 2003.

Financial Results

Return on Assets (YTD, annualized)

1.23%-30 bps YoY

Net Interest Margin (YTD, annualized)

3.89%-33 bps YoY

Efficiency Ratio (YTD, annualized)

54.25%+807 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2002Q2 2002Q3 2002Q4 2002Q1 2003YoY ΔTrend
Earnings
Return on Assets1.53%1.53%1.53%1.52%1.23%-30 bps
Return on Equity11.09%10.94%10.91%10.94%8.49%-260 bps
Net Interest Margin4.22%4.26%4.22%3.97%3.89%-33 bps
Efficiency Ratio46.17%45.89%46.39%47.00%54.25%+807 bps
Non-Interest Burden1.63%1.65%1.66%1.59%1.86%+23 bps
Growth
Asset Growth (YoY)-1.06%-1.08%1.53%6.58%-3.76%-269 bps
Loan Growth (YoY)1.99%4.03%3.63%2.83%-1.71%-370 bps
Deposit Growth (YoY)-4.38%-4.51%-3.96%1.87%-2.84%+153 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.35%0.24%0.16%0.11%0.10%-25 bps
Allowance / Loans1.94%1.94%1.99%2.03%2.12%+18 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital23.71%23.75%23.69%23.60%25.30%+159 bps
Equity / Assets14.00%14.44%13.86%13.62%15.41%+141 bps
Liquidity & Funding
Loans / Deposits89.97%93.04%90.00%86.71%91.02%+105 bps
Liquid Assets / Assets7.96%7.24%6.00%3.27%3.62%-434 bps
CRE / Total Capitaln/an/an/an/an/an/an/a