Granger, TX · Cert 15637
FDIC
Q1 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2008, the quarter ended March 31, 2008, 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.
Granger, TX · Cert 15637
FDIC
Q1 2008
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 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.78% | 1.78% | 1.65% | 2.32% | 2.01% | 2.00% | 1.99% | 1.22% | -109 bps | |
| Return on Equity | 17.11% | 17.12% | 15.90% | 21.23% | 18.70% | 18.35% | 18.15% | 10.67% | -1,056 bps | |
| Net Interest Margin | 4.29% | 4.22% | 4.15% | 4.31% | 4.42% | 4.42% | 4.37% | 4.01% | -31 bps | |
| Efficiency Ratio | 65.77% | 65.69% | 67.90% | 59.84% | 64.13% | 63.93% | 63.59% | 75.71% | +1,588 bps | |
| Non-Interest Burden | 2.57% | 2.52% | 2.59% | 2.00% | 2.43% | 2.45% | 2.42% | 2.86% | +86 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.55% | 6.97% | 10.08% | 6.12% | 7.21% | 2.21% | 2.03% | 5.99% | -13 bps | |
| Loan Growth (YoY) | 2.49% | 6.86% | 2.34% | 4.17% | 6.50% | 1.29% | -1.08% | 1.73% | -244 bps | |
| Deposit Growth (YoY) | 4.34% | 9.29% | 10.58% | 6.81% | 8.09% | 1.85% | 4.02% | 2.22% | -458 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 | 0.02% | 0.03% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | -0.01% | -1 bps | |
| Allowance / Loans | 2.15% | 2.06% | 2.01% | 2.03% | 2.00% | 2.03% | 2.02% | 1.99% | -4 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 | 16.89% | 16.59% | 17.84% | 19.18% | 18.40% | 18.44% | 18.75% | 18.62% | -56 bps | |
| Equity / Assets | 9.79% | 10.30% | 10.46% | 11.36% | 10.49% | 11.25% | 11.19% | 11.76% | +40 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 72.60% | 69.94% | 72.28% | 72.10% | 71.53% | 69.55% | 68.74% | 71.76% | -35 bps | |
| Liquid Assets / Assets | 0.28% | 0.31% | 0.16% | 0.21% | 0.44% | 0.14% | 0.12% | 0.36% | +15 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |