Birmingham, AL · Cert 26359
FDIC
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 2010, 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.
Birmingham, AL · Cert 26359
FDIC
Q1 2010
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 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.59% | 1.12% | 0.79% | 0.80% | 0.99% | 0.49% | 0.45% | 0.60% | -20 bps | |
| Return on Equity | 15.36% | 10.82% | 7.74% | 8.15% | 10.10% | 4.95% | 4.50% | 5.86% | -229 bps | |
| Net Interest Margin | 3.47% | 3.33% | 3.24% | 2.93% | 2.85% | 2.86% | 2.82% | 2.82% | -11 bps | |
| Efficiency Ratio | 52.54% | 53.80% | 54.33% | 57.00% | 54.65% | 57.55% | 59.11% | 65.60% | +860 bps | |
| Non-Interest Burden | 0.72% | 0.83% | 0.89% | 0.65% | 0.31% | 0.67% | 0.78% | 1.22% | +56 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.51% | 4.85% | 10.46% | 12.14% | 14.50% | 4.57% | -2.81% | -5.53% | -1,767 bps | |
| Loan Growth (YoY) | 3.00% | 4.23% | 8.33% | 14.33% | 15.44% | 0.95% | -4.47% | -18.51% | -3,283 bps | |
| Deposit Growth (YoY) | -2.26% | 9.99% | 14.30% | 14.70% | 15.77% | 5.95% | 4.96% | 6.10% | -861 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 | -0.01% | 0.10% | 0.78% | 1.00% | 1.23% | 2.00% | 1.88% | 0.05% | -94 bps | |
| Allowance / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 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 | 10.49% | 10.69% | 10.60% | 10.82% | 11.47% | 12.09% | 12.60% | 13.26% | +245 bps | |
| Equity / Assets | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 122.92% | 108.86% | 105.10% | 115.79% | 122.57% | 103.72% | 95.65% | 88.94% | -2,685 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |