PackageTrendsPeer
Letter portraitLegal landscape

West Georgia National Bank of Carrollton

Carrollton, GA · Cert 16480

FDIC

Q4 2009

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: Q4 2009, the quarter ended December 31, 2009, 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

West Georgia National Bank of Carrollton

Carrollton, GA · Cert 16480

FDIC

Q4 2009

$840.6MAssets
$564.8MLoans
$780.2MDeposits
$236KEquity
Loan mix
92%RE $421.1M8%C&I $37.8M0%Consumer $1.1MQ4 2008Q4 2009
Deposit mix
93%Interest-bearing $723.3M7%Noninterest $56.9MQ4 2008Q4 2009

NIM

6.34%Q4 ’075.41%Q4 ’084.38%Q4 ’09-21%-26%

Non-interest income vs. expense

2.66%Q4 ’075.89%Q4 ’083.46%Q4 ’09+192%-20%

Executive Summary

  • Earnings: ROA of -7.71%, down 432 bps year over year; NIM at 1.93%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 5.57%.
  • Funding: loans stand at 72.40% of deposits as of Q4 2009.

Financial Results

Return on Assets (YTD, annualized)

-7.71%-432 bps YoY

Net Interest Margin (YTD, annualized)

1.93%-67 bps YoY

Efficiency Ratio (YTD, annualized)

260%+16,850 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2008Q1 2009Q2 2009Q3 2009Q4 2009YoY ΔTrend
Earnings
Return on Assets-3.39%-1.26%-9.60%-8.22%-7.71%-432 bps
Return on Equity-35.69%-17.37%-166.88%-171.88%-199.95%-16,426 bps
Net Interest Margin2.60%2.00%1.94%2.03%1.93%-67 bps
Efficiency Ratio91.27%124.10%247%240%260%+16,850 bps
Non-Interest Burden5.08%2.60%3.95%4.18%4.08%-100 bps
Growth
Asset Growth (YoY)1.10%3.24%-6.39%-6.38%-5.44%-653 bps
Loan Growth (YoY)-4.25%-6.57%-7.17%-8.88%-10.36%-611 bps
Deposit Growth (YoY)7.75%11.85%3.16%2.82%2.26%-549 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.55%2.00%5.25%5.17%5.57%+302 bps
Allowance / Loans1.78%1.95%3.54%3.36%4.43%+265 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 Capital10.42%10.08%4.26%2.77%-0.52%-1,094 bps
Equity / Assets7.46%7.01%2.61%1.68%0.03%-744 bps
Liquidity & Funding
Loans / Deposits82.59%78.65%79.02%77.56%72.40%-1,020 bps
Liquid Assets / Assets2.94%8.98%7.37%8.41%11.76%+882 bps
CRE / Total Capitaln/an/an/an/an/an/an/a