Friendship, TN · Cert 2398
FDIC
Q4 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2004, the quarter ended December 31, 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.
Friendship, TN · Cert 2398
FDIC
Q4 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 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.20% | -1.19% | -1.35% | -1.02% | 0.85% | 1.09% | 1.17% | 0.84% | +186 bps | |
| Return on Equity | -14.12% | -13.66% | -15.24% | -11.33% | 8.36% | 10.69% | 11.46% | 8.23% | +1,956 bps | |
| Net Interest Margin | 2.71% | 3.16% | 3.56% | 3.99% | 4.23% | 4.22% | 4.16% | 4.12% | +13 bps | |
| Efficiency Ratio | 96.91% | 102.81% | 106.57% | 105.45% | 79.94% | 79.44% | 77.94% | 84.17% | -2,128 bps | |
| Non-Interest Burden | 2.62% | 3.25% | 3.80% | 4.21% | 3.28% | 3.22% | 3.09% | 3.38% | -83 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -7.05% | -16.26% | -23.66% | -25.39% | -22.15% | -14.61% | -6.88% | -1.93% | +2,346 bps | |
| Loan Growth (YoY) | -19.42% | -28.24% | -29.96% | -24.91% | -14.55% | -3.90% | 4.27% | 9.21% | +3,412 bps | |
| Deposit Growth (YoY) | -7.06% | -17.14% | -24.67% | -27.27% | -24.33% | -14.70% | -7.31% | -0.66% | +2,661 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 | 0.07% | 0.89% | 1.36% | 1.74% | 0.13% | 0.45% | 0.38% | 0.50% | -123 bps | |
| Allowance / Loans | 3.91% | 4.11% | 4.03% | 3.56% | 3.55% | 3.22% | 3.13% | 2.88% | -68 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 | 14.15% | 14.82% | 15.13% | 15.81% | 16.21% | 16.06% | 15.44% | 15.24% | -57 bps | |
| Equity / Assets | 8.61% | 9.19% | 9.35% | 9.93% | 10.36% | 10.25% | 10.20% | 10.12% | +20 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.86% | 78.10% | 81.18% | 82.87% | 85.66% | 87.99% | 91.32% | 91.10% | +823 bps | |
| Liquid Assets / Assets | 0.74% | 0.69% | 1.20% | 0.73% | 0.87% | 0.51% | 0.60% | 0.30% | -43 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |