PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Rossville Bank

Rossville, GA · Cert 18959

FDIC

Q4 2008

$96.3MAssets
$73.7MLoans
$83.6MDeposits
$11.0MEquity
Loan mix
87%RE $50.6M13%C&I $7.4M0%Consumer $0.0MQ4 2007Q4 2008
Deposit mix
85%Interest-bearing $70.9M15%Noninterest $12.6MQ4 2007Q4 2008

NIM

6.98%Q4 ’066.73%Q4 ’076.23%Q4 ’08-8%+3%

Non-interest income vs. expense

4.20%Q4 ’064.19%Q4 ’073.93%Q4 ’08-4%-6%

Executive Summary

  • Earnings: ROA of 1.24%, up 12 bps year over year; NIM at 4.74%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.17%.
  • Funding: loans stand at 88.15% of deposits as of Q4 2008.

Financial Results

Return on Assets (quarter, annualized)

1.24%+12 bps YoY

Net Interest Margin (quarter, annualized)

4.74%+12 bps YoY

Efficiency Ratio (quarter, annualized)

70.03%-550 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets1.12%0.95%0.83%-1.62%1.24%+12 bps
Return on Equity9.92%8.27%7.41%-14.99%11.14%+122 bps
Net Interest Margin4.62%4.49%4.42%4.58%4.74%+12 bps
Efficiency Ratio75.53%76.74%78.00%73.84%70.03%-550 bps
Non-Interest Burden3.26%3.26%3.28%3.14%3.06%-20 bps
Growth
Asset Growth (YoY)-5.23%-7.43%-2.49%-2.09%-2.99%+224 bps
Loan Growth (YoY)-1.30%-7.05%2.95%11.07%12.28%+1,358 bps
Deposit Growth (YoY)-0.49%-3.77%-2.82%-6.83%-2.70%-220 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%0.24%0.68%0.15%0.17%+17 bps
Allowance / Loans1.00%1.09%0.95%1.00%1.01%+1 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 Capital17.20%17.32%16.36%15.86%15.69%-152 bps
Equity / Assets11.46%11.48%10.82%10.83%11.47%0 bps
Liquidity & Funding
Loans / Deposits76.39%74.63%78.14%87.68%88.15%+1,176 bps
Liquid Assets / Assets0.12%0.14%0.14%0.19%0.34%+22 bps
CRE / Total Capitaln/an/an/an/an/an/an/a