Dahlonega, GA · Cert 24160
FDIC
Q2 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2004, the quarter ended June 30, 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.
Dahlonega, GA · Cert 24160
FDIC
Q2 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 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.59% | 0.35% | 0.74% | 0.59% | -2.69% | -2.31% | 0.59% | -0.02% | -61 bps | |
| Return on Equity | 6.93% | 4.18% | 8.87% | 7.19% | -35.07% | -31.59% | 9.90% | -0.29% | -747 bps | |
| Net Interest Margin | 3.59% | 3.52% | 3.45% | 3.58% | 3.53% | 3.72% | 3.68% | 3.76% | +18 bps | |
| Efficiency Ratio | 73.86% | 73.26% | 72.75% | 73.41% | 107.41% | 113.58% | 79.00% | 86.29% | +1,287 bps | |
| Non-Interest Burden | 2.49% | 2.41% | 2.32% | 2.45% | 3.73% | 4.10% | 2.76% | 3.18% | +73 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.69% | 8.22% | 3.22% | 8.34% | 4.58% | -1.02% | -2.21% | -8.50% | -1,684 bps | |
| Loan Growth (YoY) | 14.40% | 15.79% | 11.47% | 6.81% | -1.24% | -6.28% | -9.47% | -13.61% | -2,042 bps | |
| Deposit Growth (YoY) | 6.11% | 4.58% | -0.81% | 4.93% | 8.38% | 1.95% | 0.21% | -6.53% | -1,146 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 | 0.23% | 0.29% | 1.07% | 0.68% | 0.53% | 1.63% | 6.25% | 3.48% | +279 bps | |
| Allowance / Loans | 0.95% | 1.28% | 1.07% | 1.15% | 3.50% | 2.62% | 1.27% | 1.57% | +42 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 | 10.91% | 11.07% | 11.35% | 11.42% | 8.86% | 8.90% | 9.19% | 9.64% | -178 bps | |
| Equity / Assets | 8.60% | 8.29% | 8.41% | 8.12% | 5.86% | 5.89% | 6.11% | 5.85% | -226 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 99.94% | 97.50% | 96.99% | 90.78% | 91.07% | 89.63% | 87.62% | 83.91% | -687 bps | |
| Liquid Assets / Assets | 0.11% | 0.07% | 0.04% | 0.04% | 0.01% | 0.12% | 0.05% | 0.02% | -2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |