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 $6.2MQ3 2012Q2 2014
Deposit mix
78%Interest-bearing $120.8M22%Noninterest $34.6MQ3 2012Q2 2014

Executive Summary

  • Earnings: ROA of 0.62%, down 16 bps year over year; NIM at 2.57%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.06%.
  • Funding: loans stand at 62.35% of deposits as of Q2 2014.

Return on Assets (YTD, annualized)

0.62%-16 bps YoY

Net Interest Margin (YTD, annualized)

2.57%-37 bps YoY

Efficiency Ratio (YTD, annualized)

75.23%+172 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

3.41%Q2 ’123.24%Q2 ’132.78%Q2 ’14-3%-13%

Non-interest income vs. expense

2.88%Q2 ’123.10%Q2 ’132.69%Q2 ’14+6%-8%

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013Q4 2013Q1 2014Q2 2014YoY ΔTrend
Earnings
Return on Assets1.09%1.04%0.75%0.78%0.72%0.70%0.60%0.62%-16 bps
Return on Equity5.68%5.76%5.30%5.51%5.05%4.95%4.23%4.44%-107 bps
Net Interest Margin2.98%3.07%3.00%2.94%2.89%2.85%2.60%2.57%-37 bps
Efficiency Ratio68.17%68.55%74.28%73.51%75.86%76.00%76.18%75.23%+172 bps
Non-Interest Burden1.65%1.72%1.91%1.82%1.89%1.87%1.75%1.69%-14 bps
Growth
Asset Growth (YoY)4.12%2.75%-6.38%-5.52%-3.48%-1.92%3.85%3.14%+866 bps
Loan Growth (YoY)1.49%5.68%4.89%2.50%-2.31%-8.01%-5.77%-4.94%-744 bps
Deposit Growth (YoY)5.03%3.80%-1.34%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%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.05%0.04%0.03%0.10%0.14%0.12%-0.03%0.06%-4 bps
Allowance / Loans1.83%1.77%1.81%1.77%1.78%1.82%1.86%1.83%+5 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital24.63%15.56%16.07%16.13%16.87%17.34%17.60%17.39%+127 bps
Equity / Assets19.32%13.91%14.42%14.12%14.30%14.26%13.98%13.89%-24 bps
Liquidity & Funding
Loans / Deposits72.17%74.90%70.48%68.10%67.34%64.54%62.40%62.35%-576 bps
Liquid Assets / Assets22.19%20.40%21.14%22.16%23.35%23.94%26.87%25.44%+328 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a