PackageTrendsPeer
Letter portraitLegal landscape

First National Bank of Wiggins

Wiggins, MS · Cert 21290

FDIC

Q3 2006

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: Q3 2006, the quarter ended September 30, 2006, 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

First National Bank of Wiggins

Wiggins, MS · Cert 21290

FDIC

Q3 2006

$47.4MAssets
$18.4MLoans
$44.2MDeposits
$3.0MEquity
Loan mix
93%RE $7.6M6%C&I $0.5M1%Consumer $0.1MQ3 2005Q3 2006
Deposit mix
75%Interest-bearing $33.3M25%Noninterest $10.9MQ3 2005Q3 2006

NIM

4.92%Q3 ’045.31%Q3 ’056.05%Q3 ’06+19%+27%

Non-interest income vs. expense

4.24%Q3 ’044.15%Q3 ’054.87%Q3 ’06+5%+32%

Executive Summary

  • Earnings: ROA of -1.63%, down 103 bps year over year; NIM at 3.77%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.03%.
  • Funding: loans stand at 41.48% of deposits as of Q3 2006.

Financial Results

Return on Assets (YTD, annualized)

-1.63%-103 bps YoY

Net Interest Margin (YTD, annualized)

3.77%+80 bps YoY

Efficiency Ratio (YTD, annualized)

112.78%+483 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets-0.60%-0.51%0.22%-1.48%-1.63%-103 bps
Return on Equity-7.85%-6.84%3.25%-22.04%-24.73%-1,688 bps
Net Interest Margin2.96%2.96%3.60%3.75%3.77%+80 bps
Efficiency Ratio107.95%106.99%94.67%96.31%112.78%+483 bps
Non-Interest Burden3.27%3.21%3.38%3.59%4.32%+105 bps
Growth
Asset Growth (YoY)-3.39%7.49%9.49%1.38%-2.55%+84 bps
Loan Growth (YoY)-4.30%-20.61%-25.99%-26.13%-28.93%-2,463 bps
Deposit Growth (YoY)-2.15%9.04%10.69%2.85%-1.63%+53 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.21%3.76%-0.18%0.03%0.03%-18 bps
Allowance / Loans4.03%1.48%1.61%3.73%3.84%-19 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 Capital12.47%13.36%14.06%14.06%12.50%+3 bps
Equity / Assets7.15%6.72%7.00%6.42%6.24%-91 bps
Liquidity & Funding
Loans / Deposits57.42%43.95%43.25%43.89%41.48%-1,594 bps
Liquid Assets / Assets1.01%0.96%0.48%0.51%0.50%-52 bps
CRE / Total Capitaln/an/an/an/an/an/an/a