Cleveland, GA · Cert 22357
FDIC
Q3 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2002, the quarter ended September 30, 2002, 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.
Cleveland, GA · Cert 22357
FDIC
Q3 2002
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 2000 | Q1 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.94% | 0.96% | 1.10% | 1.14% | 1.15% | 1.13% | 1.21% | 1.20% | +5 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | n/a | 13.05% | 13.80% | 13.51% | n/a | |
| Net Interest Margin | n/a | 4.08% | 4.20% | 4.05% | 4.09% | 3.88% | 4.03% | 4.00% | -6 bps | |
| Efficiency Ratio | n/a | 60.52% | 60.33% | 57.66% | 58.31% | 59.40% | 58.22% | 58.50% | +84 bps | |
| Non-Interest Burden | n/a | 2.27% | 2.33% | 2.11% | 2.16% | 2.04% | 2.06% | 2.07% | -5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.15% | -2.53% | -2.34% | -2.73% | -2.84% | -4.93% | -1.66% | 0.39% | +312 bps | |
| Loan Growth (YoY) | 12.61% | 12.30% | 14.09% | 12.53% | 3.58% | -1.36% | 3.33% | 4.51% | -802 bps | |
| Deposit Growth (YoY) | 4.20% | -0.43% | -1.83% | -5.75% | -10.47% | -6.87% | -2.81% | 5.06% | +1,080 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 | n/a | 0.26% | 0.16% | 0.12% | 0.20% | -0.01% | 0.00% | 0.05% | -8 bps | |
| Allowance / Loans | n/a | 1.29% | 1.31% | 1.37% | 1.29% | 1.35% | 1.34% | 1.35% | -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 | n/a | 12.49% | 12.49% | 12.77% | 13.46% | 13.18% | 12.07% | 12.59% | -17 bps | |
| Equity / Assets | n/a | 7.98% | 8.47% | 8.64% | 8.78% | 8.55% | 8.95% | 9.22% | +58 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 80.39% | 87.00% | 90.26% | 94.43% | 93.01% | 92.15% | 95.96% | 93.94% | -49 bps | |
| Liquid Assets / Assets | 0.00% | 1.94% | 2.60% | 0.92% | 0.18% | 0.94% | 1.97% | 3.01% | +209 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |