Maynardville, TN · Cert 21437
FDIC
Q2 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2003, the quarter ended June 30, 2003, 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.
Maynardville, TN · Cert 21437
FDIC
Q2 2003
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 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.83% | 0.79% | 0.74% | 0.86% | -0.64% | -0.80% | -1.45% | -1.17% | -203 bps | |
| Return on Equity | n/a | n/a | 5.59% | 6.85% | -4.77% | -5.13% | -6.87% | -5.56% | -1,241 bps | |
| Net Interest Margin | 3.84% | 3.86% | 4.09% | 3.98% | 0.85% | 1.49% | 3.63% | 3.60% | -39 bps | |
| Efficiency Ratio | 74.78% | 75.65% | 78.50% | 72.85% | 193.21% | 156.62% | 119.43% | 112.70% | +3,984 bps | |
| Non-Interest Burden | 2.74% | 2.79% | 3.10% | 2.77% | 1.76% | 2.61% | 4.78% | 4.51% | +173 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.32% | 8.44% | 4.84% | 25.37% | 20.59% | 34.16% | 50.24% | 43.72% | +1,835 bps | |
| Loan Growth (YoY) | 5.16% | 2.68% | 3.95% | 4.41% | 4.45% | 26.10% | 94.61% | 123.36% | +11,895 bps | |
| Deposit Growth (YoY) | 9.14% | 8.70% | 5.63% | 28.68% | 17.61% | 20.08% | 38.83% | 27.86% | -82 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 | -0.26% | -0.13% | 0.00% | 0.00% | 0.01% | 0.06% | 0.01% | 0.04% | +4 bps | |
| Allowance / Loans | 1.85% | 1.77% | 1.76% | 1.70% | 1.70% | 1.35% | 1.25% | 1.25% | -45 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 | 24.83% | 26.21% | 24.99% | 23.50% | 26.85% | 38.24% | 25.98% | 27.45% | +395 bps | |
| Equity / Assets | 13.63% | 13.36% | 13.12% | 11.25% | 16.13% | 22.61% | 19.78% | 20.91% | +965 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 58.47% | 57.70% | 57.41% | 48.08% | 51.93% | 60.59% | 80.47% | 83.99% | +3,591 bps | |
| Liquid Assets / Assets | 3.60% | 4.20% | 4.18% | 3.45% | 3.37% | 2.85% | 1.81% | 1.50% | -195 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |