PackageTrendsPeer
Letter portraitLegal landscape

Pinnacle State Bank

Woodruff, SC · Cert 14067

FDIC

Q3 2003

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2003, the quarter ended September 30, 2003, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Pinnacle State Bank

Woodruff, SC · Cert 14067

FDIC

Q3 2003

$64.7MAssets
$55.4MLoans
$50.5MDeposits
$8.3MEquity
Loan mix
44%RE $11.6M55%C&I $14.6M1%Consumer $0.4MQ3 2002Q3 2003
Deposit mix
70%Interest-bearing $35.4M30%Noninterest $15.1MQ3 2002Q3 2003

NIM

6.98%Q3 ’015.89%Q3 ’025.68%Q3 ’03-2%+3%

Non-interest income vs. expense

3.97%Q3 ’014.00%Q3 ’023.91%Q3 ’03-5%-16%

Executive Summary

  • Earnings: ROA of 2.14%, up 29 bps year over year; NIM at 5.04%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.04%.
  • Funding: loans stand at 109.64% of deposits as of Q3 2003.

Financial Results

Return on Assets (YTD, annualized)

2.14%+29 bps YoY

Net Interest Margin (YTD, annualized)

5.04%+17 bps YoY

Efficiency Ratio (YTD, annualized)

54.83%-474 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets1.85%1.86%2.25%2.16%2.14%+29 bps
Return on Equity13.66%13.72%17.00%16.52%16.44%+279 bps
Net Interest Margin4.87%5.07%5.16%5.06%5.04%+17 bps
Efficiency Ratio59.57%58.11%55.23%55.63%54.83%-474 bps
Non-Interest Burden2.15%2.15%1.94%1.93%1.81%-34 bps
Growth
Asset Growth (YoY)7.59%2.13%6.02%9.82%4.83%-276 bps
Loan Growth (YoY)22.60%16.83%10.96%5.82%17.37%-523 bps
Deposit Growth (YoY)8.48%1.36%4.28%9.67%2.74%-574 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.03%0.04%0.01%0.01%0.04%+1 bps
Allowance / Loans1.32%1.53%1.57%1.56%1.26%-6 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 Capital15.81%17.24%17.77%17.78%15.80%-1 bps
Equity / Assets13.45%13.66%12.82%12.80%12.91%-54 bps
Liquidity & Funding
Loans / Deposits95.97%97.25%87.12%86.55%109.64%+1,367 bps
Liquid Assets / Assets0.07%0.03%0.08%0.09%0.10%+2 bps
CRE / Total Capitaln/an/an/an/an/an/an/a