PackageTrendsPeer
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Bank of Jackson County

Graceville, FL · Cert 14794

FDIC

Q3 2013

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 2013, the quarter ended September 30, 2013, 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

Bank of Jackson County

Graceville, FL · Cert 14794

FDIC

Q3 2013

$24.7MAssets
$15.6MLoans
$24.6MDeposits
$6KEquity
Loan mix
86%RE $12.0M6%C&I $0.8M8%Consumer $1.1MQ3 2012Q3 2013
Deposit mix
73%Interest-bearing $17.9M27%Noninterest $6.7MQ3 2012Q3 2013

NIM

4.35%Q3 ’114.10%Q3 ’123.86%Q3 ’13-2%-5%

Non-interest income vs. expense

5.28%Q3 ’115.95%Q3 ’128.05%Q3 ’13+18%+38%

Executive Summary

  • Earnings: ROA of -3.35%, down 356 bps year over year; NIM at 3.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 1.44%.
  • Funding: loans stand at 63.38% of deposits as of Q3 2013.

Financial Results

Return on Assets (YTD, annualized)

-3.35%-356 bps YoY

Net Interest Margin (YTD, annualized)

3.47%-18 bps YoY

Efficiency Ratio (YTD, annualized)

175.53%+4,570 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.21%0.01%-3.00%-2.43%-3.35%-356 bps
Return on Equity8.36%0.56%-142.62%-131.58%-238%-24,610 bps
Net Interest Margin3.65%3.59%3.20%3.33%3.47%-18 bps
Efficiency Ratio129.83%124.27%173.78%157.98%175.53%+4,570 bps
Non-Interest Burden5.02%4.79%6.17%5.76%6.94%+192 bps
Growth
Asset Growth (YoY)-3.28%-3.44%-12.45%-13.24%-11.55%-827 bps
Loan Growth (YoY)-18.32%-14.59%-2.13%-16.83%-14.55%+377 bps
Deposit Growth (YoY)-3.62%-2.24%-11.71%-12.34%-9.31%-569 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.32%0.16%-3.00%-1.83%-1.44%-112 bps
Allowance / Loans3.84%3.65%4.33%4.75%5.11%+127 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 Capital4.65%4.52%3.37%3.07%0.07%-458 bps
Equity / Assets2.48%2.46%1.74%1.32%0.02%-245 bps
Liquidity & Funding
Loans / Deposits67.27%67.16%69.06%65.72%63.38%-389 bps
Liquid Assets / Assets3.89%16.29%8.58%11.95%12.64%+875 bps
CRE / Total Capitaln/an/an/an/an/an/an/a