Clio, AL · Cert 18600
FDIC · 2 branches
Q4 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2023, the quarter ended December 31, 2023, 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.
Clio, AL · Cert 18600
FDIC · 2 branches
Q4 2023
Market Position · Dothan, AL · 2023 SOD (annual) · 1.7% share · #17 of 19 inst. · $0.1B of $4.2B
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 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.09% | 0.49% | 0.46% | 0.38% | 0.27%1 | -0.51% | -0.69% | -0.32% | -70 bps | |
| Return on Equity | 1.17% | 6.67% | 6.72% | 5.60% | 4.03% | -7.61% | -10.67% | -4.92% | -1,052 bps | |
| Net Interest Margin | 2.37% | 2.56% | 2.70% | 2.72% | 2.59% | 2.32% | 2.12% | 2.04% | -68 bps | |
| Efficiency Ratio | 96.30% | 88.14% | 87.45% | 89.35% | 99.62% | 127.25% | 135.84% | 115.62% | +2,627 bps | |
| Non-Interest Burden | 2.28% | 2.25% | 2.34% | 2.42% | 2.58% | 2.98% | 2.91% | 2.44% | +2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -12.06% | -7.48% | -3.21% | -4.13% | -6.84% | -1.44% | -0.96% | -3.05% | +107 bps | |
| Loan Growth (YoY) | -11.36% | -14.99% | -17.98% | -17.96% | -16.86% | -9.04% | -8.76% | -9.43% | +853 bps | |
| Deposit Growth (YoY) | -9.61% | -0.87% | -5.38% | -11.33% | -13.83% | -12.05% | -3.53% | -3.29% | +803 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 | -0.04% | -0.12% | -0.10% | -0.09% | -0.04% | -0.04% | -0.04% | -0.04% | +5 bps | |
| Allowance / Loans | 1.26% | 1.20% | 1.27% | 1.35% | 1.24% | 1.22% | 1.28% | 1.37% | +2 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 | 8.72% | 9.12% | 9.53% | 9.64% | 9.72% | 9.41% | 9.15% | 9.36% | -28 bps | |
| Total Risk-Based Capital | 19.02% | 20.27% | 21.13% | 20.81% | 21.08% | 20.00% | 19.77% | 21.51% | +69 bps | |
| Equity / Assets | 6.87% | 6.07% | 5.34% | 6.61% | 7.02% | 6.51% | 5.76% | 6.83% | +22 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 48.46% | 47.17% | 47.83% | 46.88% | 46.76% | 48.79% | 45.23% | 43.91% | -297 bps | |
| Liquid Assets / Assets | 20.78% | 21.73% | 21.37% | 21.18% | 21.38% | 22.35% | 23.08% | 26.94% | +577 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |