PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Simmons First Bank of Jonesboro

Jonesboro, AR · Cert 16715

FDIC

Q1 2014

$361.1MAssets
$285.4MLoans
$303.6MDeposits
$34.7MEquity
Loan mix
78%RE $189.8M13%C&I $31.3M10%Consumer $23.4MQ1 2013Q1 2014
Deposit mix
79%Interest-bearing $239.4M21%Noninterest $64.2MQ1 2013Q1 2014

NIM

4.48%Q1 ’124.28%Q1 ’134.02%Q1 ’14+1%-5%

Non-interest income vs. expense

2.15%Q1 ’122.24%Q1 ’132.21%Q1 ’14+9%+26%

Executive Summary

  • Earnings: ROA of 1.27%, down 27 bps year over year; NIM at 3.65%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.11%.
  • Funding: loans stand at 94.00% of deposits as of Q1 2014.

Financial Results

Return on Assets (quarter, annualized)

1.27%-27 bps YoY

Net Interest Margin (quarter, annualized)

3.65%-18 bps YoY

Efficiency Ratio (quarter, annualized)

51.45%+507 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014YoY ΔTrend
Earnings
Return on Assets1.53%1.59%1.78%1.53%1.27%-27 bps
Return on Equity16.16%16.53%18.38%15.72%12.97%-319 bps
Net Interest Margin3.83%3.98%4.24%4.08%3.65%-18 bps
Efficiency Ratio46.38%45.58%42.99%46.88%51.45%+507 bps
Non-Interest Burden1.25%1.31%1.32%1.53%1.57%+32 bps
Growth
Asset Growth (YoY)2.29%1.46%4.13%-0.94%1.80%-49 bps
Loan Growth (YoY)3.81%2.47%4.93%2.08%4.00%+20 bps
Deposit Growth (YoY)0.48%-0.64%-1.32%-2.29%0.94%+47 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.04%-0.08%0.07%0.14%0.11%+7 bps
Allowance / Loans1.07%1.06%1.01%1.07%1.09%+3 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 Capital14.35%13.78%13.24%14.26%14.72%+37 bps
Equity / Assets9.48%9.77%9.58%9.92%9.62%+14 bps
Liquidity & Funding
Loans / Deposits91.24%100.22%107.45%99.81%94.00%+277 bps
Liquid Assets / Assets12.43%7.18%6.30%8.16%13.23%+81 bps
CRE / Total Capitaln/an/an/an/an/an/an/a