PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Farmers Bank of Lynchburg, The

Lynchburg, TN · Cert 1690

FDIC

Q1 2012

$163.9MAssets
$103.3MLoans
$156.4MDeposits
$6.8MEquity
Loan mix
70%RE $53.2M24%C&I $18.1M7%Consumer $5.0MQ1 2011Q1 2012
Deposit mix
86%Interest-bearing $135.3M14%Noninterest $21.1MQ1 2011Q1 2012

NIM

4.38%Q1 ’103.98%Q1 ’113.82%Q1 ’12+0%0%

Non-interest income vs. expense

3.58%Q1 ’103.84%Q1 ’113.56%Q1 ’12+42%-6%

Executive Summary

  • Earnings: ROA of -0.33%, unchanged from a year ago; NIM at 2.94%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.01%.
  • Funding: loans stand at 66.02% of deposits as of Q1 2012.

Financial Results

Return on Assets (YTD, annualized)

-0.33%0 bps YoY

Net Interest Margin (YTD, annualized)

2.94%-1 bps YoY

Efficiency Ratio (YTD, annualized)

102.79%-614 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2011Q2 2011Q3 2011Q4 2011Q1 2012YoY ΔTrend
Earnings
Return on Assets-0.32%-0.76%-9.42%-8.18%-0.33%0 bps
Return on Equity-3.07%-7.06%-98.28%-94.30%-7.64%-458 bps
Net Interest Margin2.95%2.95%3.11%3.27%2.94%-1 bps
Efficiency Ratio108.93%114.47%118.40%120.40%102.79%-614 bps
Non-Interest Burden3.48%4.29%4.44%4.64%3.27%-21 bps
Growth
Asset Growth (YoY)-7.20%-14.84%-22.03%-21.76%-18.97%-1,177 bps
Loan Growth (YoY)-10.27%-15.66%-14.86%-17.92%-20.03%-976 bps
Deposit Growth (YoY)-4.35%-13.14%-14.86%-16.41%-13.26%-890 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.03%2.20%1.68%4.77%1.01%-1 bps
Allowance / Loans3.99%3.53%5.61%3.58%3.50%-49 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 Capital7.58%8.02%5.83%4.80%4.80%-278 bps
Equity / Assets10.48%11.49%5.16%4.39%4.13%-635 bps
Liquidity & Funding
Loans / Deposits71.60%74.71%76.79%71.89%66.02%-559 bps
Liquid Assets / Assets7.90%9.58%8.39%7.51%2.24%-566 bps
CRE / Total Capitaln/an/an/an/an/an/an/a