PackageTrendsPeer
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National Bank of Commerce

Birmingham, AL · Cert 19526

FDIC

Q4 2004

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2004, the quarter ended December 31, 2004, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

National Bank of Commerce

Birmingham, AL · Cert 19526

FDIC

Q4 2004

$1.5BAssets
$961.5MLoans
$853.6MDeposits
$116.6MEquity
Loan mix
77%RE $286.4M23%C&I $84.3M0%Consumer $0.1MQ4 2003Q4 2004
Deposit mix
87%Interest-bearing $744.5M13%Noninterest $109.1MQ4 2003Q4 2004

NIM

4.87%Q4 ’024.22%Q4 ’034.02%Q4 ’04-9%-4%

Non-interest income vs. expense

4.06%Q4 ’024.32%Q4 ’033.76%Q4 ’04-24%+47%

Executive Summary

  • Earnings: ROA of 1.07%, down 11 bps year over year; NIM at 2.67%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.06%.
  • Funding: loans stand at 112.63% of deposits as of Q4 2004.

Financial Results

Return on Assets (YTD, annualized)

1.07%-11 bps YoY

Net Interest Margin (YTD, annualized)

2.67%-11 bps YoY

Efficiency Ratio (YTD, annualized)

69.81%+224 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004YoY ΔTrend
Earnings
Return on Assets1.18%0.99%1.03%1.06%1.07%-11 bps
Return on Equity17.05%13.85%14.45%14.28%14.25%-280 bps
Net Interest Margin2.78%2.63%2.62%2.63%2.67%-11 bps
Efficiency Ratio67.57%71.45%70.85%70.14%69.81%+224 bps
Non-Interest Burden0.71%1.01%0.98%1.01%1.04%+33 bps
Growth
Asset Growth (YoY)1.92%-0.13%0.96%4.20%12.29%+1,038 bps
Loan Growth (YoY)15.72%14.68%9.16%9.92%9.05%-667 bps
Deposit Growth (YoY)10.08%10.50%4.01%-2.67%12.12%+204 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.20%0.38%0.18%0.11%0.06%-13 bps
Allowance / Loans1.32%1.25%1.27%1.26%1.26%-6 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 Capital11.24%10.50%11.03%12.56%12.01%+77 bps
Equity / Assets7.35%6.95%7.08%8.22%7.94%+59 bps
Liquidity & Funding
Loans / Deposits115.81%112.42%108.62%123.74%112.63%-317 bps
Liquid Assets / Assets14.51%18.12%20.31%19.41%18.47%+396 bps
CRE / Total Capitaln/an/an/an/an/an/an/a