Water Valley, MS · Cert 12206
FDIC · 6 branches
Q4 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2022, the quarter ended December 31, 2022, 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.
Water Valley, MS · Cert 12206
FDIC · 6 branches
Q4 2022
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 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.21% | 1.14% | 1.97% | 1.48% | 0.99% | 1.02% | 1.10% | 0.79% | -69 bps | |
| Return on Equity | 11.91% | 11.21% | 19.05% | 14.33% | 9.92% | 10.92% | 12.02% | 8.71% | -562 bps | |
| Net Interest Margin | 3.46% | 3.40% | 3.27% | 3.24% | 2.95% | 2.82% | 2.82% | 3.05% | -19 bps | |
| Efficiency Ratio | 63.83% | 65.52% | 51.55% | 60.71% | 64.18% | 64.50% | 63.06% | 73.41% | +1,270 bps | |
| Non-Interest Burden | 1.82% | 1.93% | 0.70% | 1.28% | 1.47% | 1.41% | 1.41% | 1.86% | +58 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.48% | 9.23% | 11.06% | 10.22% | 5.96% | 19.53% | 16.23% | 13.53% | +332 bps | |
| Loan Growth (YoY) | 8.86% | 0.68% | 4.86% | 12.04% | 11.27% | 13.92% | 12.36% | 10.61% | -143 bps | |
| Deposit Growth (YoY) | 21.19% | 9.89% | 11.16% | 10.66% | 6.77% | 22.56% | 19.92% | 15.51% | +485 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.34% | 1.23% | 1.17% | 1.16% | 0.72% | 0.74% | 0.75% | 0.61% | -55 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.00% | 0.00% | 0.00% | -0.03% | -0.02% | -0.01% | 0.25% | +24 bps | |
| Allowance / Loans | 1.26% | 1.28% | 1.23% | 1.23% | 1.26% | 1.27% | 1.22% | 1.18% | -6 bps | |
| Allowance Coverage of NPLs | 0.9x | 1.0x | 1.1x | 1.1x | 1.8x | 1.7x | 1.6x | 1.9x | +0.9x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.13% | 9.96% | 10.70% | 10.32% | 10.24% | 9.76% | 9.41% | 9.57% | -75 bps | |
| Total Risk-Based Capital | 10.13% | 9.96% | 10.70% | 10.32% | 10.24% | 9.76% | 9.41% | 9.57% | -75 bps | |
| Equity / Assets | 9.98% | 10.12% | 10.87% | 10.23% | 9.66% | 8.31% | 8.52% | 8.63% | -160 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 72.28% | 71.52% | 75.93% | 75.71% | 75.33% | 66.47% | 71.14% | 72.49% | -322 bps | |
| Liquid Assets / Assets | 13.43% | 14.45% | 11.25% | 11.44% | 10.31% | 22.27% | 17.08% | 14.46% | +301 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |