PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

City State Bank

Martin, TN · Cert 2402

FDIC

Q4 2002

$111.2MAssets
$64.9MLoans
$89.9MDeposits
$10.5MEquity
Loan mix
76%RE $21.7M23%C&I $6.5M1%Consumer $0.3MQ4 2001Q4 2002
Deposit mix
90%Interest-bearing $81.3M10%Noninterest $8.6MQ4 2001Q4 2002

NIM

6.40%Q1 ’015.68%Q4 ’015.00%Q4 ’02+17%+12%

Non-interest income vs. expense

2.66%Q1 ’012.94%Q4 ’013.09%Q4 ’02+160%-8%

Executive Summary

  • Earnings: ROA of 0.86%, up 44 bps year over year; NIM at 2.83%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.31%.
  • Funding: loans stand at 72.23% of deposits as of Q4 2002.

Financial Results

Return on Assets (quarter, annualized)

0.86%+44 bps YoY

Net Interest Margin (quarter, annualized)

2.83%+30 bps YoY

Efficiency Ratio (quarter, annualized)

67.15%-559 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2001Q1 2002Q2 2002Q3 2002Q4 2002YoY ΔTrend
Earnings
Return on Assets0.42%1.17%1.03%0.93%0.86%+44 bps
Return on Equity4.45%12.45%10.65%9.53%9.08%+463 bps
Net Interest Margin2.53%2.83%2.83%2.92%2.83%+30 bps
Efficiency Ratio72.74%62.90%60.71%65.43%67.15%-559 bps
Non-Interest Burden1.43%1.12%0.86%1.28%1.32%-11 bps
Growth
Asset Growth (YoY)-0.74%-2.76%-3.93%3.74%8.22%+895 bps
Loan Growth (YoY)0.34%-3.62%-2.96%2.46%9.26%+893 bps
Deposit Growth (YoY)0.44%-2.77%-3.87%0.73%4.11%+367 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.15%0.22%0.94%-0.06%0.31%-183 bps
Allowance / Loans0.91%1.01%1.07%1.12%1.01%+10 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital12.31%12.33%13.24%12.83%10.94%-137 bps
Equity / Assets9.53%9.25%10.03%9.56%9.41%-13 bps
Liquidity & Funding
Loans / Deposits68.83%66.97%64.91%67.66%72.23%+340 bps
Liquid Assets / Assets0.00%0.00%0.01%0.02%0.01%+1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a