Birmingham, AL · Cert 26800
FDIC
Q3 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2006, the quarter ended September 30, 2006, 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 26800
FDIC
Q3 2006
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 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.32% | 1.46% | 1.47% | 1.46% | 1.45% | 1.38% | 1.39% | 1.40% | -6 bps | |
| Return on Equity | 17.52% | 19.48% | 19.51% | 19.26% | 19.18% | 18.68% | 19.19% | 19.13% | -13 bps | |
| Net Interest Margin | 3.01% | 3.04% | 3.05% | 3.02% | 2.99% | 3.05% | 3.04% | 2.96% | -6 bps | |
| Efficiency Ratio | 57.82% | 53.01% | 52.39% | 52.36% | 52.21% | 52.96% | 52.77% | 52.50% | +15 bps | |
| Non-Interest Burden | 0.89% | 0.82% | 0.78% | 0.71% | 0.72% | 0.85% | 0.81% | 0.75% | +3 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.95% | 5.79% | 4.70% | 2.46% | 5.75% | 5.33% | 6.78% | 6.26% | +381 bps | |
| Loan Growth (YoY) | 11.66% | 10.11% | 7.09% | 6.28% | 10.33% | 11.56% | 11.70% | 10.65% | +438 bps | |
| Deposit Growth (YoY) | 12.26% | 12.29% | 10.41% | 10.75% | 6.79% | 5.78% | 5.97% | 4.68% | -607 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 | 0.44% | 0.25% | 0.23% | 0.21% | 0.26% | 0.45% | 0.31% | 0.26% | +5 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 | 11.04% | 11.97% | 12.09% | 11.97% | 11.45% | 10.97% | 10.75% | 11.02% | -95 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 | 100.41% | 97.13% | 100.34% | 100.76% | 103.74% | 102.44% | 105.76% | 106.51% | +575 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 |