Birmingham, AL · Cert 19526
FDIC
Q4 2004
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Birmingham, AL · Cert 19526
FDIC
Q4 2004
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 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.28% | 1.27% | 1.26% | 1.18% | 0.99% | 1.03% | 1.06% | 1.07% | -11 bps | |
| Return on Equity | 18.94% | 18.81% | 18.37% | 17.05% | 13.85% | 14.45% | 14.28% | 14.25% | -280 bps | |
| Net Interest Margin | 2.82% | 2.65% | 2.65% | 2.78% | 2.63% | 2.62% | 2.63% | 2.67% | -11 bps | |
| Efficiency Ratio | 67.64% | 67.66% | 67.95% | 67.57% | 71.45% | 70.85% | 70.14% | 69.81% | +224 bps | |
| Non-Interest Burden | 0.70% | 0.59% | 0.61% | 0.71% | 1.01% | 0.98% | 1.01% | 1.04% | +33 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 30.33% | 14.35% | 11.29% | 1.92% | -0.13% | 0.96% | 4.20% | 12.29% | +1,038 bps | |
| Loan Growth (YoY) | 11.28% | 15.93% | 12.90% | 15.72% | 14.68% | 9.16% | 9.92% | 9.05% | -667 bps | |
| Deposit Growth (YoY) | 17.64% | 31.89% | 24.66% | 10.08% | 10.50% | 4.01% | -2.67% | 12.12% | +204 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 | -0.23% | -0.13% | -0.11% | 0.20% | 0.38% | 0.18% | 0.11% | 0.06% | -13 bps | |
| Allowance / Loans | 1.40% | 1.41% | 1.46% | 1.32% | 1.25% | 1.27% | 1.26% | 1.26% | -6 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 | 10.24% | 10.62% | 11.19% | 11.24% | 10.50% | 11.03% | 12.56% | 12.01% | +77 bps | |
| Equity / Assets | 6.61% | 6.84% | 7.02% | 7.35% | 6.95% | 7.08% | 8.22% | 7.94% | +59 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 108.32% | 103.49% | 109.57% | 115.81% | 112.42% | 108.62% | 123.74% | 112.63% | -317 bps | |
| Liquid Assets / Assets | 19.44% | 19.25% | 16.50% | 14.51% | 18.12% | 20.31% | 19.41% | 18.47% | +396 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |