Chatsworth, GA · Cert 11660
FDIC
Q2 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2008, the quarter ended June 30, 2008, 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.
Chatsworth, GA · Cert 11660
FDIC
Q2 2008
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 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.87% | 0.84% | 0.82% | 0.82% | 0.93% | 1.02% | 0.93% | 1.01% | +19 bps | |
| Return on Equity | 9.70% | 9.50% | 10.02% | 10.19% | 11.51% | 12.59% | 11.14% | 12.12% | +193 bps | |
| Net Interest Margin | 4.43% | 4.36% | 4.00% | 3.93% | 3.92% | 3.90% | 3.66% | 3.60% | -33 bps | |
| Efficiency Ratio | 63.18% | 63.76% | 68.37% | 65.82% | 66.38% | 66.13% | 70.59% | 70.03% | +421 bps | |
| Non-Interest Burden | 2.46% | 2.46% | 2.50% | 2.29% | 2.31% | 2.27% | 2.29% | 2.24% | -6 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.52% | 7.36% | 9.94% | 9.23% | 10.46% | 1.29% | -1.51% | -2.43% | -1,166 bps | |
| Loan Growth (YoY) | -4.06% | 4.12% | 11.24% | 9.82% | 11.68% | 4.31% | 2.13% | -1.46% | -1,128 bps | |
| Deposit Growth (YoY) | 11.81% | 14.68% | 18.02% | 16.61% | 11.57% | 1.45% | -6.25% | -4.28% | -2,089 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.95% | 0.79% | -0.05% | -0.02% | -0.01% | -0.01% | -0.03% | 0.21% | +23 bps | |
| Allowance / Loans | 1.27% | 1.27% | 1.27% | 1.43% | 1.33% | 1.26% | 1.17% | 0.97% | -46 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 11.51% | 11.52% | 10.44% | 10.78% | 10.72% | 11.28% | 10.41% | 10.87% | +9 bps | |
| Equity / Assets | 8.53% | 8.34% | 7.96% | 7.94% | 8.03% | 8.41% | 8.35% | 8.22% | +28 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.33% | 83.46% | 82.20% | 85.02% | 87.41% | 85.82% | 89.55% | 87.53% | +251 bps | |
| Liquid Assets / Assets | 0.00% | 0.22% | 0.00% | 0.00% | 0.38% | 0.32% | 0.27% | 0.24% | +24 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |