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Peachtree National Bank

Peachtree City, GA · Cert 26805

FDIC

Q2 2007

$241.6MAssets
$193.7MLoans
$194.0MDeposits
$26.9MEquity
Loan mix
85%RE $132.6M15%C&I $23.2M1%Consumer $0.8MQ2 2006Q2 2007
Deposit mix
83%Interest-bearing $161.0M17%Noninterest $33.1MQ2 2006Q2 2007

NIM

6.22%Q2 ’057.54%Q2 ’067.41%Q2 ’07+15%-9%

Non-interest income vs. expense

3.14%Q2 ’053.55%Q2 ’063.38%Q2 ’07+21%-2%

Executive Summary

  • Earnings: ROA of 1.95%, down 110 bps year over year; NIM at 4.93%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.40%.
  • Funding: loans stand at 99.82% of deposits as of Q2 2007.

Financial Results

Return on Assets (quarter, annualized)

1.95%-110 bps YoY

Net Interest Margin (quarter, annualized)

4.93%-49 bps YoY

Efficiency Ratio (quarter, annualized)

61.17%+332 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2006Q3 2006Q4 2006Q1 2007Q2 2007YoY ΔTrend
Earnings
Return on Assets3.05%1.75%1.61%0.98%1.95%-110 bps
Return on Equity27.72%16.81%15.98%9.77%18.20%-952 bps
Net Interest Margin5.42%5.29%5.11%5.05%4.93%-49 bps
Efficiency Ratio57.84%58.57%56.51%58.68%61.17%+332 bps
Non-Interest Burden2.83%2.79%2.59%2.69%2.79%-5 bps
Growth
Asset Growth (YoY)-0.19%2.67%6.02%4.79%-5.90%-570 bps
Loan Growth (YoY)-2.88%5.66%8.27%8.03%-6.18%-330 bps
Deposit Growth (YoY)-2.37%-2.59%0.49%4.52%-4.85%-248 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.27%0.30%1.19%0.82%1.40%+12 bps
Allowance / Loans2.33%2.16%1.85%1.91%1.33%-100 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 Capital12.86%12.35%11.87%12.35%13.61%+75 bps
Equity / Assets10.54%10.26%9.84%10.32%11.13%+59 bps
Liquidity & Funding
Loans / Deposits101.23%99.71%99.75%96.54%99.82%-141 bps
Liquid Assets / Assets0.00%0.02%0.04%0.04%0.02%+2 bps
CRE / Total Capitaln/an/an/an/an/an/an/a