Waynesboro, TN · Cert 2375
FDIC · 5 branches
Q2 2020
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2020, the quarter ended June 30, 2020, 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.
Waynesboro, TN · Cert 2375
FDIC · 5 branches
Q2 2020
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 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.42% | 1.42% | 1.66% | 1.69% | 1.64% | 1.58% | 1.03% | 0.68% | -101 bps | |
| Return on Equity | 10.73% | 10.74% | 12.65% | 12.94% | 12.48% | 12.02% | 7.88% | 5.25% | -769 bps | |
| Net Interest Margin | 4.41% | 4.44% | 4.67% | 4.55% | 4.58% | 4.47% | 4.29% | 3.96% | -58 bps | |
| Efficiency Ratio | 62.13% | 62.18% | 58.51% | 55.22% | 56.66% | 58.58% | 64.92% | 72.76% | +1,754 bps | |
| Non-Interest Burden | 2.48% | 2.50% | 2.44% | 2.03% | 2.19% | 2.28% | 2.58% | 2.66% | +64 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.33% | 6.89% | 5.73% | 4.63% | 4.24% | 5.35% | 2.94% | 8.35% | +373 bps | |
| Loan Growth (YoY) | 6.01% | 9.43% | 9.24% | 6.17% | 1.86% | -3.70% | -3.25% | -0.74% | -691 bps | |
| Deposit Growth (YoY) | 9.44% | 7.65% | 5.74% | 4.53% | 3.99% | 5.29% | 3.21% | 8.97% | +444 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.73% | 0.67% | 0.39% | 1.00% | 0.86% | 0.33% | 0.45% | 0.33% | -66 bps | |
| Net Charge-Offs / Loans | 0.07% | 0.10% | 0.07% | 0.03% | 0.10% | 0.35% | 0.04% | 0.04% | 0 bps | |
| Allowance / Loans | 1.46% | 1.41% | 1.41% | 1.76% | 1.73% | 1.47% | 1.59% | 1.78% | +2 bps | |
| Allowance Coverage of NPLs | 2.0x | 2.1x | 3.6x | 1.8x | 2.0x | 4.4x | 3.5x | 5.3x | +3.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.49% | 13.19% | 13.46% | 12.96% | 13.47% | 13.06% | 13.23% | 12.72% | -24 bps | |
| Total Risk-Based Capital | 18.92% | 18.04% | 18.57% | 18.65% | 19.67% | 20.16% | 20.47% | 20.99% | +234 bps | |
| Equity / Assets | 13.14% | 13.07% | 13.09% | 13.00% | 13.44% | 13.12% | 12.95% | 12.57% | -42 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 82.57% | 86.28% | 82.60% | 80.64% | 80.88% | 78.92% | 77.43% | 73.45% | -718 bps | |
| Liquid Assets / Assets | 8.69% | 5.49% | 10.20% | 11.05% | 10.83% | 12.18% | 13.52% | 21.87% | +1,082 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |