PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Simmons First Bank of Russellville

Russellville, AR · Cert 13081

FDIC · 4 branches

Q2 2014

$194.3MAssets
$96.9MLoans
$155.5MDeposits
$27.0MEquity
Loan mix
78%RE $66.9M15%C&I $12.6M7%Consumer $6.2MQ2 2013Q2 2014
Deposit mix
78%Interest-bearing $120.8M22%Noninterest $34.6MQ2 2013Q2 2014

NIM

3.40%Q2 ’123.21%Q2 ’132.80%Q2 ’14-4%-12%

Non-interest income vs. expense

2.91%Q2 ’123.11%Q2 ’132.71%Q2 ’14+3%-6%

Executive Summary

  • Earnings: ROA of 0.65%, down 17 bps year over year; NIM at 2.59%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.16%.
  • Funding: loans stand at 62.35% of deposits as of Q2 2014.

Financial Results

Return on Assets (quarter, annualized)

0.65%-17 bps YoY

Net Interest Margin (quarter, annualized)

2.59%-34 bps YoY

Efficiency Ratio (quarter, annualized)

74.32%+155 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2013Q3 2013Q4 2013Q1 2014Q2 2014YoY ΔTrend
Earnings
Return on Assets0.82%0.59%0.66%0.60%0.65%-17 bps
Return on Equity5.72%4.12%4.64%4.23%4.65%-107 bps
Net Interest Margin2.93%2.84%2.71%2.60%2.59%-34 bps
Efficiency Ratio72.77%80.66%76.47%76.18%74.32%+155 bps
Non-Interest Burden1.77%2.05%1.80%1.75%1.65%-11 bps
Growth
Asset Growth (YoY)-5.52%-3.48%-1.92%3.85%3.14%+866 bps
Loan Growth (YoY)2.50%-2.31%-8.01%-5.77%-4.94%-744 bps
Deposit Growth (YoY)1.51%4.70%6.76%6.44%3.83%+232 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.17%0.21%0.05%-0.03%0.16%-2 bps
Allowance / Loans1.77%1.78%1.82%1.86%1.83%+5 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 Capital16.13%16.87%17.34%17.60%17.39%+127 bps
Equity / Assets14.12%14.30%14.26%13.98%13.89%-24 bps
Liquidity & Funding
Loans / Deposits68.10%67.34%64.54%62.40%62.35%-576 bps
Liquid Assets / Assets22.16%23.35%23.94%26.87%25.44%+328 bps
CRE / Total Capitaln/an/an/an/an/an/an/a