Benton, TN · Cert 21563
FDIC
Q3 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2004, the quarter ended September 30, 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.
Benton, TN · Cert 21563
FDIC
Q3 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 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.60% | 0.68% | 0.65% | 0.69% | 0.70% | 0.71% | 0.38% | 0.71% | +2 bps | |
| Return on Equity | 4.93% | 5.26% | 4.92% | 5.21% | 5.27% | 5.44% | 3.01% | 5.65% | +44 bps | |
| Net Interest Margin | 4.00% | 4.13% | 4.12% | 4.15% | 4.07% | 4.12% | 4.08% | 3.94% | -21 bps | |
| Efficiency Ratio | 85.22% | 83.06% | 83.74% | 82.84% | 82.68% | 82.42% | 89.96% | 82.10% | -75 bps | |
| Non-Interest Burden | 3.35% | 3.37% | 3.39% | 3.38% | 3.30% | 3.32% | 3.63% | 3.17% | -21 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.39% | 0.06% | -0.72% | 0.82% | -0.37% | 1.21% | 0.47% | 5.46% | +464 bps | |
| Loan Growth (YoY) | 1.50% | 3.39% | 1.06% | 4.23% | 3.35% | 3.44% | -0.72% | 0.34% | -389 bps | |
| Deposit Growth (YoY) | -4.91% | -1.40% | -1.78% | 0.17% | -1.12% | 1.95% | 2.18% | 7.18% | +701 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 | -0.03% | -0.46% | -0.23% | -0.15% | -0.12% | -0.03% | -0.03% | -0.03% | +13 bps | |
| Allowance / Loans | 1.27% | 1.41% | 1.39% | 1.33% | 1.35% | 1.39% | 1.43% | 1.36% | +2 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 | 20.32% | 20.54% | 20.47% | 19.98% | 19.95% | 18.84% | 19.25% | 18.70% | -128 bps | |
| Equity / Assets | 12.81% | 12.99% | 13.54% | 13.52% | 13.58% | 12.54% | 12.15% | 12.20% | -132 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 73.66% | 71.90% | 74.34% | 78.08% | 76.99% | 72.96% | 72.23% | 73.09% | -498 bps | |
| Liquid Assets / Assets | 0.23% | 0.21% | 0.20% | 0.19% | 0.17% | 0.15% | 0.00% | 0.00% | -19 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |