Cornersville, TN · Cert 1692
FDIC
Q1 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2006, the quarter ended March 31, 2006, 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.
Cornersville, TN · Cert 1692
FDIC
Q1 2006
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 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.50% | 0.48% | 0.45% | 0.28% | 0.37% | 0.49% | 0.50% | 0.22% | -6 bps | |
| Return on Equity | 4.89% | 4.65% | 4.38% | 2.75% | 3.64% | 4.80% | 4.83% | 2.13% | -63 bps | |
| Net Interest Margin | 3.14% | 3.10% | 3.15% | 3.24% | 3.35% | 3.36% | 3.44% | 3.43% | +19 bps | |
| Efficiency Ratio | 82.05% | 83.25% | 83.81% | 92.29% | 90.22% | 84.52% | 82.88% | 84.60% | -769 bps | |
| Non-Interest Burden | 2.46% | 2.47% | 2.54% | 2.94% | 2.96% | 2.74% | 2.74% | 2.81% | -13 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.25% | 4.58% | 1.85% | 1.37% | 1.32% | 1.16% | -0.79% | -3.47% | -485 bps | |
| Loan Growth (YoY) | 8.30% | 3.32% | 1.44% | 3.16% | 2.30% | 1.93% | 3.63% | -3.13% | -629 bps | |
| Deposit Growth (YoY) | 2.51% | 4.18% | 2.46% | -1.14% | -0.75% | -1.61% | -1.55% | -3.61% | -247 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | -0.03% | -0.05% | -0.29% | -0.20% | -0.12% | 0.02% | 0.15% | +44 bps | |
| Allowance / Loans | 1.35% | 1.39% | 1.50% | 1.54% | 1.56% | 1.57% | 1.50% | 1.66% | +11 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 16.61% | 16.97% | 16.92% | 16.74% | 16.73% | 17.00% | 16.62% | 17.38% | +63 bps | |
| Equity / Assets | 10.12% | 10.45% | 10.34% | 10.20% | 10.21% | 10.47% | 10.43% | 10.65% | +45 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 95.18% | 94.98% | 97.38% | 97.44% | 98.11% | 98.40% | 102.50% | 97.91% | +48 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |