Atlanta, GA · Cert 26535
FDIC
Q1 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2009, the quarter ended March 31, 2009, 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.
Atlanta, GA · Cert 26535
FDIC
Q1 2009
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 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.81% | 0.81% | 0.92% | 0.51% | -0.09% | -0.31% | -1.11% | -16.02% | -1,653 bps | |
| Return on Equity | 10.23% | 10.26% | 11.46% | 6.07% | -1.12% | -3.86% | -14.57% | -480% | -48,629 bps | |
| Net Interest Margin | 2.96% | 2.95% | 2.99% | 3.00% | 2.73% | 2.49% | 2.22% | 0.76% | -223 bps | |
| Efficiency Ratio | 70.31% | 69.64% | 68.06% | 62.87% | 61.00% | 65.90% | 68.75% | 142.14% | +7,927 bps | |
| Non-Interest Burden | 1.41% | 1.38% | 1.35% | 0.79% | 0.64% | 0.88% | 0.79% | 1.73% | +94 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.44% | 15.84% | 15.20% | 25.94% | 30.58% | 27.41% | 31.97% | 53.39% | +2,745 bps | |
| Loan Growth (YoY) | 22.41% | 25.41% | 15.22% | 28.41% | 28.28% | 38.13% | 35.86% | 14.60% | -1,382 bps | |
| Deposit Growth (YoY) | -27.34% | -42.80% | -17.95% | 24.69% | 249% | 794% | 578% | 1278% | +125,363 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 | 0.10% | 0.20% | 0.25% | 0.88% | 1.60% | 1.85% | 3.32% | 7.09% | +621 bps | |
| Allowance / Loans | 0.96% | 0.96% | 0.93% | 1.09% | 1.61% | 1.53% | 2.02% | 5.06% | +397 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 | 11.02% | 11.02% | 11.05% | 11.14% | 11.19% | 11.52% | 10.85% | 4.70% | -644 bps | |
| Equity / Assets | 7.57% | 7.91% | 8.42% | 8.36% | 8.18% | 7.34% | 6.17% | 1.18% | -717 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 820% | 1087% | 809% | 742% | 301% | 167.93% | 162.10% | 61.68% | -68,020 bps | |
| Liquid Assets / Assets | 0.08% | 0.11% | 0.08% | 0.17% | 0.12% | 0.04% | 0.11% | 0.04% | -13 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |