Reidsville, GA · Cert 12080
FDIC
Q3 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2009, the quarter ended September 30, 2009, 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.
Reidsville, GA · Cert 12080
FDIC
Q3 2009
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 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.66% | -1.11% | -0.63% | -1.55% | -2.42% | -1.56% | -1.64% | -5.15% | -359 bps | |
| Return on Equity | 8.42% | -15.70% | -9.18% | -23.92% | -39.40% | -33.89% | -35.90% | -130.08% | -10,617 bps | |
| Net Interest Margin | 4.33% | 3.47% | 3.40% | 3.42% | 3.31% | 2.32% | 2.71% | 2.96% | -46 bps | |
| Efficiency Ratio | 77.09% | 87.35% | 88.02% | 89.19% | 95.25% | 125.30% | 137.72% | 198.54% | +10,934 bps | |
| Non-Interest Burden | 3.12% | 2.92% | 2.90% | 2.97% | 3.13% | 3.11% | 3.99% | 6.76% | +379 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.21% | 13.48% | 8.98% | 9.81% | 3.28% | -9.55% | -18.57% | -30.54% | -4,034 bps | |
| Loan Growth (YoY) | 16.64% | 12.27% | 2.83% | 1.44% | -10.48% | -16.70% | -23.00% | -31.90% | -3,334 bps | |
| Deposit Growth (YoY) | 16.81% | 15.61% | 11.24% | 13.09% | 8.18% | -7.53% | -17.18% | -28.05% | -4,114 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 | 0.12% | -0.02% | 0.28% | 1.97% | 2.16% | 1.61% | 1.96% | 5.78% | +381 bps | |
| Allowance / Loans | 2.10% | 2.19% | 2.23% | 2.16% | 3.45% | 3.72% | 3.43% | 2.55% | +40 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 | 10.39% | 9.43% | 9.23% | 8.17% | 7.15% | 7.11% | 7.02% | 3.28% | -489 bps | |
| Equity / Assets | 7.59% | 6.52% | 6.49% | 5.49% | 4.67% | 4.54% | 4.52% | 1.60% | -388 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.53% | 79.11% | 80.18% | 77.72% | 74.92% | 71.26% | 74.54% | 73.56% | -416 bps | |
| Liquid Assets / Assets | 14.67% | 15.44% | 15.40% | 14.19% | 14.26% | 20.17% | 11.20% | 7.40% | -679 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |