PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Cumberland County Bank

Crossville, TN · Cert 18364

FDIC · 4 branches

Q1 2016

$294.5MAssets
$120.4MLoans
$267.4MDeposits
$22.5MEquity
Loan mix
89%RE $99.6M6%C&I $7.2M5%Consumer $5.1MQ2 2014Q1 2016
Deposit mix
85%Interest-bearing $226.8M15%Noninterest $40.5MQ2 2014Q1 2016

Executive Summary

  • Earnings: ROA of 0.66%, down 2 bps year over year; NIM at 2.33%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.63%.
  • Capital: tier 1 leverage ratio of 7.86%, up 5 bps from a year ago.
  • Funding: loans stand at 45.03% of deposits as of Q1 2016.

Return on Assets (quarter, annualized)

0.66%-2 bps YoY

Net Interest Margin (quarter, annualized)

2.33%+2 bps YoY

Efficiency Ratio (quarter, annualized)

73.52%+51 bps YoY

Tier 1 Leverage Ratio

7.86%+5 bps YoY

NIM

2.47%Q1 ’142.59%Q1 ’152.59%Q1 ’16+8%+1%

Non-interest income vs. expense

2.18%Q1 ’142.20%Q1 ’152.21%Q1 ’16+3%+3%

Discrete quarter, annualized.

MetricQ2 2014Q3 2014Q4 2014Q1 2015Q2 2015Q3 2015Q4 2015Q1 2016YoY ΔTrend
Earnings
Return on Assets0.95%0.76%0.73%0.68%0.71%0.69%0.95%0.66%-2 bps
Return on Equity12.53%9.95%9.57%8.86%9.28%9.00%12.48%8.61%-25 bps
Net Interest Margin2.20%2.26%2.19%2.31%2.28%2.31%2.32%2.33%+2 bps
Efficiency Ratio66.70%75.17%71.27%73.01%72.72%72.98%63.62%73.52%+51 bps
Non-Interest Burden1.10%1.53%1.36%1.50%1.43%1.49%1.23%1.54%+4 bps
Growth
Asset Growth (YoY)-1.09%1.03%1.49%2.77%1.57%2.50%3.25%2.73%-5 bps
Loan Growth (YoY)-2.20%1.25%1.85%6.37%8.39%10.29%8.31%0.57%-580 bps
Deposit Growth (YoY)-2.16%0.13%1.31%2.55%1.29%2.51%3.12%2.77%+22 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%-0.05%0.54%0.24%0.01%0.14%0.13%0.63%+40 bps
Allowance / Loans1.38%1.33%1.22%1.14%1.17%1.16%1.20%1.11%-3 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/a7.81%7.78%7.77%7.82%7.86%+5 bps
Total Risk-Based Capital24.46%24.59%24.36%22.48%20.56%21.06%21.46%21.66%-82 bps
Equity / Assets7.63%7.66%7.63%7.63%7.71%7.61%7.57%7.64%+1 bps
Liquidity & Funding
Loans / Deposits44.03%43.89%43.90%46.02%47.12%47.22%46.11%45.03%-99 bps
Liquid Assets / Assets20.44%20.74%19.65%16.79%19.57%20.12%17.29%18.08%+128 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a