Azle, TX · Cert 23588
FDIC
Q4 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2008, the quarter ended December 31, 2008, 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.
Azle, TX · Cert 23588
FDIC
Q4 2008
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 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.53% | 1.27% | 1.32% | 0.10% | 0.33% | -121 bps | |
| Return on Equity | 15.59% | 13.08% | 13.72% | 0.85% | 2.39% | -1,320 bps | |
| Net Interest Margin | 4.64% | 4.22% | 3.99% | 0.40% | 1.13% | -351 bps | |
| Efficiency Ratio | 65.73% | 71.28% | 72.58% | 73.11% | 72.98% | +725 bps | |
| Non-Interest Burden | 2.58% | 2.58% | 2.54% | 0.30% | 0.84% | -174 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 4.96% | 9.86% | 7.55% | 40.09% | 33.52% | +2,856 bps | |
| Loan Growth (YoY) | -1.69% | -3.73% | -3.85% | -4.50% | -0.22% | +147 bps | |
| Deposit Growth (YoY) | 6.20% | 11.63% | 7.96% | 27.45% | 7.46% | +126 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.19% | 0.36% | 0.24% | 0.27% | 0.23% | +4 bps | |
| Allowance / Loans | 0.96% | 0.91% | 0.92% | 1.43% | 1.32% | +37 bps | |
| Allowance Coverage of NPLs | 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 |
| Total Risk-Based Capital | 15.75% | 15.27% | 13.41% | 13.40% | 12.28% | -347 bps | |
| Equity / Assets | 10.01% | 9.47% | 9.30% | 18.26% | 18.78% | +877 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 58.01% | 51.84% | 49.99% | 42.91% | 53.87% | -415 bps | |
| Liquid Assets / Assets | 0.38% | 2.79% | 2.78% | 1.90% | 0.01% | -37 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |