Loganville, GA · Cert 16490
FDIC
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 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.
Loganville, GA · Cert 16490
FDIC
Q3 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 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.30% | 1.82% | 1.85% | 1.80% | 0.56% | 0.08% | -2.76% | -5.73% | -753 bps | |
| Return on Equity | 22.34% | 18.28% | 18.61% | 18.34% | 5.91% | 1.04% | -37.16% | -88.92% | -10,726 bps | |
| Net Interest Margin | 4.90% | 4.65% | 4.65% | 4.33% | 3.26% | 1.67% | 1.35% | 0.61% | -372 bps | |
| Efficiency Ratio | 34.49% | 40.00% | 39.32% | 38.92% | 47.61% | 85.28% | 106.06% | 308% | +26,914 bps | |
| Non-Interest Burden | 1.45% | 1.59% | 1.61% | 1.48% | 1.39% | 1.43% | 1.43% | 1.68% | +21 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 21.67% | 20.36% | 20.69% | 21.60% | 26.38% | 25.01% | 20.64% | 12.11% | -949 bps | |
| Loan Growth (YoY) | 19.39% | 22.10% | 16.27% | 17.78% | 19.67% | 18.13% | 18.28% | 4.87% | -1,291 bps | |
| Deposit Growth (YoY) | 21.85% | 20.79% | 24.59% | 22.85% | 28.87% | 28.43% | 25.88% | 22.78% | -7 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 | 0.01% | 0.00% | 0.00% | 0.01% | 0.11% | 0.25% | 0.22% | 0.88% | +88 bps | |
| Allowance / Loans | 1.50% | 1.51% | 1.57% | 1.50% | 2.19% | 2.12% | 4.64% | 9.11% | +761 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 | 12.07% | 11.93% | 11.93% | 11.29% | 10.20% | 9.72% | 8.48% | 5.39% | -590 bps | |
| Equity / Assets | 9.99% | 9.93% | 9.85% | 9.49% | 8.07% | 7.78% | 6.49% | 3.57% | -593 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 98.08% | 98.47% | 95.62% | 98.08% | 91.08% | 90.57% | 89.85% | 83.77% | -1,431 bps | |
| Liquid Assets / Assets | 0.17% | 0.15% | 0.14% | 0.04% | 0.10% | 0.06% | 0.06% | 0.06% | +2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |