PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Bank of Childersburg

Childersburg, AL · Cert 16759

FDIC

Q4 2001

$33.4MAssets
$21.4MLoans
$28.5MDeposits
$4.9MEquity
Loan mix
80%RE $9.4M18%C&I $2.1M2%Consumer $0.3MQ4 2000Q4 2001
Deposit mix
83%Interest-bearing $23.6M17%Noninterest $4.9MQ4 2000Q4 2001

NIM

7.60%Q1 ’019.78%Q3 ’0111.59%Q4 ’01+28%+22%

Non-interest income vs. expense

4.02%Q1 ’015.59%Q3 ’016.70%Q4 ’01+8%+26%

Executive Summary

  • Earnings: ROA of 0.21%, up 13 bps year over year; NIM at 5.88%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 2.60%.
  • Funding: loans stand at 75.17% of deposits as of Q4 2001.

Financial Results

Return on Assets (YTD, annualized)

0.21%+13 bps YoY

Net Interest Margin (YTD, annualized)

5.88%

Efficiency Ratio (YTD, annualized)

80.72%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2000Q1 2001Q2 2001Q3 2001Q4 2001YoY ΔTrend
Earnings
Return on Assets0.08%0.91%0.38%0.13%10.21%+13 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/a3.76%3.53%4.81%5.88%n/a
Efficiency Ration/a86.88%88.08%79.69%80.72%n/a
Non-Interest Burdenn/a3.15%3.01%3.39%4.28%n/a
Growth
Asset Growth (YoY)68.17%62.92%71.67%-14.69%-50.55%-11,872 bps
Loan Growth (YoY)89.12%98.04%84.26%2.24%-46.05%-13,517 bps
Deposit Growth (YoY)68.87%64.23%73.98%-19.70%-54.26%-12,313 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/a0.06%0.20%3.21%2.60%n/a
Allowance / Loansn/a1.41%1.41%1.23%1.19%n/a
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 Capitaln/a10.32%10.55%18.07%19.10%n/a
Equity / Assetsn/a7.33%7.29%14.24%14.58%n/a
Liquidity & Funding
Loans / Deposits63.73%64.52%62.77%77.11%75.17%+1,144 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a