Gibson, GA · Cert 18243
FDIC
Q4 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2008, the quarter ended December 31, 2008, 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.
Gibson, GA · Cert 18243
FDIC
Q4 2008
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 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.49% | 2.25% | 2.13% | 1.32% | -3.10% | -2.69% | -2.31% | -3.02% | -434 bps | |
| Return on Equity | 30.34% | 27.53% | 26.12% | 16.44% | -39.87% | -34.90% | -32.68% | -45.08% | -6,153 bps | |
| Net Interest Margin | 5.54% | 4.90% | 4.85% | 4.54% | 0.89% | 1.11% | 0.78% | 0.53% | -401 bps | |
| Efficiency Ratio | 49.92% | 51.26% | 51.42% | 52.91% | 194.14% | 186.98% | 240% | 292% | +23,945 bps | |
| Non-Interest Burden | 2.67% | 2.43% | 2.41% | 2.36% | 1.90% | 2.20% | 1.95% | 1.78% | -58 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 35.64% | 38.20% | 34.72% | 24.83% | 13.51% | 4.80% | 31.68% | 10.92% | -1,391 bps | |
| Loan Growth (YoY) | 31.55% | 33.48% | 28.93% | 18.15% | 0.04% | -8.36% | -13.40% | -10.20% | -2,835 bps | |
| Deposit Growth (YoY) | 37.09% | 43.18% | 40.09% | 28.29% | 15.90% | 2.17% | 32.67% | 12.37% | -1,592 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 | 0.07% | 0.04% | 0.12% | 0.35% | 2.07% | 2.68% | 2.45% | 2.23% | +188 bps | |
| Allowance / Loans | 1.16% | 1.17% | 1.23% | 1.70% | 1.99% | 1.64% | 1.25% | 1.88% | +19 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 | 10.09% | 10.22% | 10.09% | 10.06% | 10.32% | 10.48% | 10.07% | 8.54% | -152 bps | |
| Equity / Assets | 8.15% | 8.19% | 8.05% | 7.67% | 7.88% | 7.60% | 5.54% | 5.25% | -242 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 100.58% | 95.53% | 94.22% | 93.26% | 86.82% | 85.68% | 61.50% | 74.53% | -1,873 bps | |
| Liquid Assets / Assets | 0.25% | 0.32% | 0.31% | 2.20% | 2.19% | 0.14% | 8.66% | 10.51% | +831 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |