Atlanta, GA · Cert 16303
FDIC
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, 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.
Atlanta, GA · Cert 16303
FDIC
Q1 2004
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 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.14% | 0.05% | 0.11% | -0.07% | 0.00% | -1.21% | -1.44% | -0.05% | +2 bps | |
| Return on Equity | 0.66% | 0.22% | 0.53% | -0.28% | 0.00% | -5.67% | -6.28% | -0.16% | +12 bps | |
| Net Interest Margin | 1.76% | 1.86% | 1.89% | 1.68% | 1.43% | 1.60% | 1.93% | 1.71% | +2 bps | |
| Efficiency Ratio | 100.69% | 103.11% | 99.44% | 100.30% | 96.56% | 149.60% | 153.66% | 100.07% | -22 bps | |
| Non-Interest Burden | 1.79% | 1.99% | 1.87% | 1.70% | 1.32% | 3.49% | 4.31% | 1.71% | +2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -9.03% | -6.08% | -11.05% | -9.76% | 12.11% | 4.19% | -35.09% | -82.18% | -7,242 bps | |
| Loan Growth (YoY) | 18.14% | 21.65% | 31.78% | 15.17% | 29.88% | 15.19% | -37.66% | -84.32% | -9,949 bps | |
| Deposit Growth (YoY) | -10.07% | -6.54% | -13.46% | -11.74% | 16.38% | 4.71% | -83.61% | -85.03% | -7,329 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 | -0.11% | -0.07% | -0.05% | 0.00% | 0.00% | -0.01% | -0.01% | 0.00% | 0 bps | |
| Allowance / Loans | 0.31% | 0.28% | 0.28% | 0.28% | 0.23% | 0.00% | 0.00% | 0.00% | -28 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 | 34.70% | 35.99% | 37.18% | 36.29% | 33.95% | 34.11% | 42.87% | 86.89% | +5,059 bps | |
| Equity / Assets | 21.53% | 21.55% | 23.53% | 23.22% | 19.20% | 19.88% | 34.00% | 20.93% | -229 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 109.52% | 115.49% | 129.51% | 125.08% | 122.22% | 127.05% | 492% | 131.00% | +591 bps | |
| Liquid Assets / Assets | 0.24% | 0.24% | 0.23% | 0.23% | 0.17% | 0.00% | 0.00% | 0.00% | -23 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |