Gainesboro, TN · Cert 2377
FDIC
Q2 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2005, the quarter ended June 30, 2005, 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.
Gainesboro, TN · Cert 2377
FDIC
Q2 2005
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 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.98% | 1.02% | 0.88% | 1.03% | 1.05% | 1.06% | 1.07% | 0.78% | -25 bps | |
| Return on Equity | 9.39% | 9.76% | 8.37% | 9.86% | 10.00% | 10.07% | 10.31% | 7.47% | -239 bps | |
| Net Interest Margin | 3.61% | 3.55% | 3.56% | 3.52% | 3.57% | 3.55% | 3.61% | 3.56% | +4 bps | |
| Efficiency Ratio | 71.74% | 70.55% | 73.71% | 69.85% | 69.16% | 68.57% | 66.70% | 75.39% | +554 bps | |
| Non-Interest Burden | 2.31% | 2.21% | 2.40% | 2.16% | 2.17% | 2.14% | 2.11% | 2.46% | +30 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.55% | 4.96% | 6.46% | 6.07% | 7.22% | 6.01% | 5.19% | 4.87% | -120 bps | |
| Loan Growth (YoY) | 12.22% | 12.40% | 12.40% | 12.59% | 13.39% | 11.88% | 7.59% | 2.49% | -1,010 bps | |
| Deposit Growth (YoY) | 3.24% | 4.90% | 6.54% | 6.86% | 7.64% | 6.50% | 5.93% | 4.75% | -212 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 | 0.16% | 0.15% | -0.02% | 0.13% | 0.10% | 0.13% | -0.05% | 0.14% | +1 bps | |
| Allowance / Loans | 1.94% | 1.88% | 1.82% | 1.69% | 1.61% | 1.55% | 1.58% | 1.58% | -11 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 | 17.60% | 17.64% | 16.92% | 16.94% | 16.95% | 17.21% | 17.23% | 17.65% | +70 bps | |
| Equity / Assets | 10.51% | 10.64% | 10.36% | 10.23% | 10.58% | 10.61% | 10.16% | 10.58% | +34 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.15% | 77.98% | 78.26% | 81.31% | 82.33% | 81.92% | 79.49% | 79.55% | -175 bps | |
| Liquid Assets / Assets | 0.33% | 0.27% | 0.29% | 0.19% | 0.21% | 0.23% | 0.16% | 0.35% | +16 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |