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Bank of Pine Hill

Pine Hill, AL · Cert 16607

FDIC · 1 branch

Q4 2016

$20.1MAssets
$4.0MLoans
$17.3MDeposits
$2.8MEquity
Loan mix
87%RE $3.3M2%C&I $0.1M11%Consumer $0.4MQ4 2015Q4 2016
Deposit mix
82%Interest-bearing $14.2M18%Noninterest $3.1MQ4 2015Q4 2016

NIM

3.13%Q4 ’142.89%Q4 ’152.94%Q4 ’16-9%+5%

Non-interest income vs. expense

3.02%Q4 ’142.89%Q4 ’153.60%Q4 ’16-3%+27%

Executive Summary

  • Earnings: ROA of -0.73%, down 48 bps year over year; NIM at 2.42%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.05%.
  • Capital: tier 1 leverage ratio of 13.54%, up 72 bps from a year ago.
  • Funding: loans stand at 22.90% of deposits as of Q4 2016.

Financial Results

Return on Assets (YTD, annualized)

-0.73%-48 bps YoY

Net Interest Margin (YTD, annualized)

2.42%+11 bps YoY

Efficiency Ratio (YTD, annualized)

133.50%+2,173 bps YoY

Tier 1 Leverage Ratio

13.54%+72 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2015Q1 2016Q2 2016Q3 2016Q4 2016YoY ΔTrend
Earnings
Return on Assets-0.26%-0.41%-0.44%-0.59%-0.73%-48 bps
Return on Equity-1.99%-3.16%-3.37%-4.49%-5.50%-351 bps
Net Interest Margin2.31%2.28%2.32%2.30%2.42%+11 bps
Efficiency Ratio111.77%117.42%117.31%122.75%133.50%+2,173 bps
Non-Interest Burden2.61%2.73%2.76%2.89%3.32%+71 bps
Growth
Asset Growth (YoY)-4.69%-1.83%1.43%-3.73%-17.08%-1,238 bps
Loan Growth (YoY)-7.62%-8.71%-0.12%-5.89%-17.92%-1,029 bps
Deposit Growth (YoY)-5.25%-1.87%0.50%-4.37%-18.14%-1,289 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.85%-0.09%0.12%-0.06%-0.05%+80 bps
Allowance / Loans1.60%1.73%1.56%1.80%2.15%+55 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio12.82%12.87%12.75%12.61%13.54%+72 bps
Total Risk-Based Capital35.51%36.54%33.97%35.66%45.25%+974 bps
Equity / Assets12.93%13.08%13.24%13.72%14.02%+109 bps
Liquidity & Funding
Loans / Deposits22.84%21.51%23.01%22.78%22.90%+6 bps
Liquid Assets / Assets8.52%9.45%9.35%9.89%11.57%+305 bps
CRE / Total Capitaln/an/an/an/an/an/an/a