PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Peoples Bank of Fannin County

Blue Ridge, GA · Cert 26733

FDIC

Q3 2002

$359.8MAssets
$285.7MLoans
$260.5MDeposits
$29.4MEquity
Loan mix
91%RE $137.5M9%C&I $13.3M0%Consumer $0.2MQ3 2001Q3 2002
Deposit mix
90%Interest-bearing $233.4M10%Noninterest $27.1MQ3 2001Q3 2002

NIM

8.67%Q1 ’018.25%Q3 ’016.45%Q3 ’02-1%-2%

Non-interest income vs. expense

2.83%Q1 ’012.80%Q3 ’012.44%Q3 ’02+1%-19%

Executive Summary

  • Earnings: ROA of 1.37%, up 10 bps year over year; NIM at 4.00%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.09%.
  • Funding: loans stand at 109.66% of deposits as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

1.37%+10 bps YoY

Net Interest Margin (YTD, annualized)

4.00%-9 bps YoY

Efficiency Ratio (YTD, annualized)

52.14%-813 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets1.27%1.28%1.35%1.37%1.37%+10 bps
Return on Equityn/an/a17.20%17.40%17.22%n/a
Net Interest Margin4.09%4.21%4.21%4.07%4.00%-9 bps
Efficiency Ratio60.27%58.36%52.75%52.56%52.14%-813 bps
Non-Interest Burden2.25%2.25%1.94%1.87%1.82%-43 bps
Growth
Asset Growth (YoY)2.87%8.92%14.03%18.92%21.86%+1,899 bps
Loan Growth (YoY)10.02%13.02%23.00%27.52%27.79%+1,777 bps
Deposit Growth (YoY)1.85%0.82%10.60%13.08%16.63%+1,478 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.08%0.12%0.02%0.06%0.09%+2 bps
Allowance / Loans1.38%1.26%1.20%1.16%1.15%-23 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 Capital12.08%11.80%10.62%11.17%11.52%-56 bps
Equity / Assets8.52%8.22%7.47%8.01%8.18%-34 bps
Liquidity & Funding
Loans / Deposits100.08%100.12%104.86%108.46%109.66%+958 bps
Liquid Assets / Assets0.80%0.10%0.13%0.98%1.08%+28 bps
CRE / Total Capitaln/an/an/an/an/an/an/a