Bolivar, TN · Cert 14671
FDIC
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, 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.
Bolivar, TN · Cert 14671
FDIC
Q1 2005
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 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.20% | 0.09% | 0.41% | 1.67% | 1.81% | 2.03% | 2.29% | 1.93% | +26 bps | |
| Return on Equity | 2.67% | 1.07% | 4.98% | 17.39% | 19.06% | 20.72% | 23.22% | 19.20% | +181 bps | |
| Net Interest Margin | 1.39% | 2.10% | 2.81% | 4.76% | 4.66% | 4.74% | 4.75% | 4.77% | +1 bps | |
| Efficiency Ratio | 83.25% | 91.62% | 81.52% | 66.53% | 64.91% | 62.57% | 58.87% | 59.26% | -727 bps | |
| Non-Interest Burden | 1.12% | 1.96% | 2.24% | 2.92% | 2.66% | 2.50% | 2.20% | 2.38% | -54 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -17.33% | -13.37% | -4.15% | 0.50% | 0.77% | 6.29% | 3.34% | 3.56% | +306 bps | |
| Loan Growth (YoY) | -28.45% | -15.13% | -5.12% | 1.35% | 3.73% | -1.25% | -8.94% | -6.54% | -790 bps | |
| Deposit Growth (YoY) | -19.56% | -15.24% | -6.82% | -3.11% | -1.46% | 4.36% | -1.78% | -2.35% | +77 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 | 5.66% | 4.02% | 2.94% | 4.10% | 2.10% | 1.41% | 1.09% | -0.99% | -509 bps | |
| Allowance / Loans | 6.16% | 5.49% | 5.29% | 4.45% | 4.65% | 4.63% | 4.35% | 4.59% | +15 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 | 18.24% | 18.65% | 18.04% | 19.44% | 20.87% | 22.63% | 22.77% | 23.43% | +399 bps | |
| Equity / Assets | 9.25% | 9.15% | 9.15% | 10.08% | 9.32% | 10.55% | 10.25% | 9.87% | -20 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 51.38% | 56.20% | 56.97% | 56.22% | 54.09% | 53.18% | 52.81% | 53.80% | -242 bps | |
| Liquid Assets / Assets | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |