Hiawassee, GA · Cert 26642
FDIC
Q3 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2002, the quarter ended September 30, 2002, 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.
Hiawassee, GA · Cert 26642
FDIC
Q3 2002
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 | Q4 2000 | Q1 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.90% | 1.45% | 1.49% | 1.55% | 1.55% | 1.55% | 1.49% | 1.48% | -7 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | n/a | 18.09% | 17.17% | 17.00% | n/a | |
| Net Interest Margin | n/a | 4.10% | 4.19% | 4.27% | 4.35% | 4.33% | 4.25% | 4.10% | -16 bps | |
| Efficiency Ratio | n/a | 49.96% | 49.17% | 49.12% | 49.74% | 47.79% | 48.46% | 48.04% | -108 bps | |
| Non-Interest Burden | n/a | 1.83% | 1.84% | 1.86% | 1.94% | 1.87% | 1.85% | 1.76% | -11 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.61% | -0.39% | -7.72% | -2.35% | 0.11% | 3.36% | 4.49% | 11.08% | +1,343 bps | |
| Loan Growth (YoY) | 14.61% | 7.60% | 6.08% | 3.43% | 2.71% | 10.24% | 6.88% | 10.58% | +715 bps | |
| Deposit Growth (YoY) | 2.17% | -0.28% | -1.52% | -6.00% | -4.79% | -1.01% | 1.90% | 13.56% | +1,957 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 | n/a | 0.04% | 0.09% | 0.14% | 0.22% | 0.25% | 0.17% | 0.13% | -1 bps | |
| Allowance / Loans | n/a | 1.34% | 1.30% | 1.29% | 1.19% | 1.09% | 1.11% | 1.12% | -17 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 | n/a | 13.05% | 13.10% | 13.04% | 13.57% | 12.19% | 12.63% | 12.89% | -14 bps | |
| Equity / Assets | n/a | 7.96% | 8.47% | 8.50% | 8.71% | 8.44% | 8.92% | 8.75% | +25 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.97% | 88.74% | 89.42% | 94.82% | 94.90% | 98.83% | 93.79% | 92.32% | -249 bps | |
| Liquid Assets / Assets | 0.00% | 1.17% | 0.38% | 1.12% | 0.41% | 0.78% | 0.18% | 0.53% | -60 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |