PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Bank of Upson

Thomaston, GA · Cert 17041

FDIC

Q4 2013

$285.1MAssets
$148.0MLoans
$259.1MDeposits
$23.0MEquity
Loan mix
81%RE $86.1M6%C&I $6.1M13%Consumer $13.9MQ4 2012Q4 2013
Deposit mix
76%Interest-bearing $197.6M24%Noninterest $61.5MQ4 2012Q4 2013

NIM

4.31%Q4 ’113.57%Q4 ’123.89%Q4 ’13-15%+17%

Non-interest income vs. expense

3.80%Q4 ’114.07%Q4 ’126.32%Q4 ’13-6%+77%

Executive Summary

  • Earnings: ROA of -1.22%, up 24 bps year over year; NIM at 3.48%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.82%.
  • Funding: loans stand at 57.12% of deposits as of Q4 2013.

Financial Results

Return on Assets (YTD, annualized)

-1.22%+24 bps YoY

Net Interest Margin (YTD, annualized)

3.48%+52 bps YoY

Efficiency Ratio (YTD, annualized)

121.34%+2,976 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2012Q1 2013Q2 2013Q3 2013Q4 2013YoY ΔTrend
Earnings
Return on Assets-1.46%-1.30%-1.08%-1.08%-1.22%+24 bps
Return on Equity-15.61%-15.00%-12.53%-12.63%-14.42%+119 bps
Net Interest Margin2.96%3.31%3.24%3.38%3.48%+52 bps
Efficiency Ratio91.57%116.07%116.25%118.15%121.34%+2,976 bps
Non-Interest Burden2.60%4.08%4.05%4.32%4.60%+200 bps
Growth
Asset Growth (YoY)-5.89%-9.67%-7.44%-6.39%-4.88%+101 bps
Loan Growth (YoY)-17.89%-16.12%-12.20%-5.05%4.81%+2,270 bps
Deposit Growth (YoY)-4.70%-8.64%-5.77%-6.05%-4.22%+48 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans4.85%1.59%1.56%1.26%0.82%-403 bps
Allowance / Loans2.56%2.45%2.14%1.93%1.90%-67 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 Capital16.11%15.32%15.01%14.69%13.29%-282 bps
Equity / Assets8.73%8.60%8.42%8.44%8.07%-67 bps
Liquidity & Funding
Loans / Deposits52.21%52.66%51.25%53.48%57.12%+492 bps
Liquid Assets / Assets23.93%21.36%21.20%15.75%14.42%-951 bps
CRE / Total Capitaln/an/an/an/an/an/an/a