Memphis, TN · Cert 16511
FDIC · 1 branch
Q3 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2021, the quarter ended September 30, 2021, 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.
Memphis, TN · Cert 16511
FDIC · 1 branch
Q3 2021
Market Position · Memphis, TN-MS-AR · 2021 SOD (annual) · 0.3% share · #38 of 51 inst. · $0.1B of $40.8B
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 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.43% | -0.76% | -1.26% | -1.20% | -1.17% | -0.80% | 0.72% | -1.43% | -23 bps | |
| Return on Equity | 3.25% | -5.92% | -10.55% | -10.40% | -10.40% | -8.26% | 7.54% | -15.56% | -516 bps | |
| Net Interest Margin | 3.80% | 3.30% | 2.57% | 2.37% | 2.67% | 2.79% | 2.61% | 2.58% | +21 bps | |
| Efficiency Ratio | 86.92% | 110.56% | 122.16% | 122.06% | 121.14% | 109.64% | 78.75% | 130.95% | +889 bps | |
| Non-Interest Burden | 3.05% | 3.63% | 3.20% | 2.96% | 3.28% | 3.03% | 1.61% | 3.77% | +82 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.93% | -4.72% | 10.70% | 13.06% | 19.90% | 16.88% | 9.61% | 8.79% | -426 bps | |
| Loan Growth (YoY) | -3.16% | -3.35% | 5.58% | 9.85% | 3.04% | 0.71% | -0.85% | -7.32% | -1,717 bps | |
| Deposit Growth (YoY) | 6.49% | -3.68% | 12.36% | 15.53% | 24.23% | 20.72% | 11.03% | 10.11% | -542 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.90% | 2.33% | 2.71% | 2.53% | 1.63% | 1.68% | 1.88% | 1.88% | -65 bps | |
| Net Charge-Offs / Loans | -0.02% | 0.01% | 0.37% | 0.28% | 0.55% | -0.08% | -0.07% | -0.10% | -38 bps | |
| Allowance / Loans | 2.77% | 2.96% | 3.12% | 3.32% | 3.11% | 3.49% | 3.40% | 3.62% | +29 bps | |
| Allowance Coverage of NPLs | 1.5x | 1.3x | 1.1x | 1.3x | 1.9x | 2.1x | 1.8x | 1.9x | +0.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.39% | 10.13% | 8.84% | 7.96% | 7.77% | 7.45% | 7.56% | 5.99% | -197 bps | |
| Total Risk-Based Capital | 16.95% | 18.40% | 14.70% | 14.91% | 14.32% | 14.38% | 14.11% | 12.30% | -261 bps | |
| Equity / Assets | 13.22% | 12.48% | 10.48% | 10.39% | 9.99% | 9.48% | 9.26% | 8.15% | -224 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 67.11% | 63.37% | 56.61% | 58.71% | 55.66% | 52.87% | 50.56% | 49.41% | -930 bps | |
| Liquid Assets / Assets | 0.12% | 0.11% | 0.10% | 0.10% | 0.10% | 0.10% | 0.09% | 0.09% | -1 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |