PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First National Bank of Atlanta, The

New Castle, DE · Cert 26747

FDIC

Q3 2002

$76.3MAssets
$46.3MLoans
$500KDeposits
$62.9MEquity
Deposit mix
0%Interest-bearing $0K100%Noninterest $500KQ3 2001Q3 2002

NIM

8.22%Q1 ’010.33%Q3 ’010.76%Q3 ’02-93%+24%

Non-interest income vs. expense

63.95%Q1 ’010.46%Q3 ’010.37%Q3 ’02+168%-9259%

Executive Summary

  • Earnings: ROA of 7.89%, up 781 bps year over year; NIM at 0.41%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 9259.00% of deposits as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

7.89%+781 bps YoY

Net Interest Margin (YTD, annualized)

0.41%+8 bps YoY

Efficiency Ratio (YTD, annualized)

1.65%-8,094 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 Assets0.08%-0.43%0.37%4.86%7.89%+781 bps
Return on Equityn/an/a3.32%34.32%42.39%n/a
Net Interest Margin0.33%0.48%0.38%0.33%0.41%+8 bps
Efficiency Ratio82.59%161.66%48.45%4.62%1.65%-8,094 bps
Non-Interest Burden0.24%1.02%-0.08%-8.93%-21.76%-2,200 bps
Growth
Asset Growth (YoY)22.52%2.66%46.62%-48.02%-84.08%-10,660 bps
Loan Growth (YoY)-71.94%-95.28%-17.06%-99.19%-32.58%+3,936 bps
Deposit Growth (YoY)-45.59%124.10%116.78%114.78%97.63%+14,322 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.03%0.10%0.00%0.00%0.00%-3 bps
Allowance / Loans0.25%0.56%0.04%3.90%0.02%-24 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 Capital18.95%13.27%16.00%35.44%182.99%+16,404 bps
Equity / Assets7.89%11.15%10.89%30.33%82.36%+7,447 bps
Liquidity & Funding
Loans / Deposits27143%1384%18726%198.28%9259%-1,788,369 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a