PackageTrendsPeer
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Guaranty National Bank of Tallahassee

Tallahassee, FL · Cert 26838

FDIC

Q4 2003

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2003, the quarter ended December 31, 2003, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Guaranty National Bank of Tallahassee

Tallahassee, FL · Cert 26838

FDIC

Q4 2003

$71.3MAssets
$49.9MLoans
$65.6MDeposits
$4.6MEquity
Loan mix
68%RE $15.8M31%C&I $7.1M1%Consumer $0.3MQ4 2002Q4 2003
Deposit mix
85%Interest-bearing $55.8M15%Noninterest $9.8MQ4 2002Q4 2003

NIM

7.90%Q4 ’017.54%Q4 ’025.88%Q4 ’03+3%-25%

Non-interest income vs. expense

3.67%Q4 ’016.14%Q4 ’027.25%Q4 ’03+77%+14%

Executive Summary

  • Earnings: ROA of -4.96%, down 318 bps year over year; NIM at 3.15%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 3.43%.
  • Funding: loans stand at 76.03% of deposits as of Q4 2003.

Financial Results

Return on Assets (YTD, annualized)

-4.96%-318 bps YoY

Net Interest Margin (YTD, annualized)

3.15%-105 bps YoY

Efficiency Ratio (YTD, annualized)

183.05%+5,164 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2002Q1 2003Q2 2003Q3 2003Q4 2003YoY ΔTrend
Earnings
Return on Assets-1.78%-2.96%-3.00%-4.91%-4.96%-318 bps
Return on Equity-21.31%-32.73%-33.56%-57.19%-60.36%-3,905 bps
Net Interest Margin4.20%2.45%2.57%2.87%3.15%-105 bps
Efficiency Ratio131.41%198.42%196.99%186.38%183.05%+5,164 bps
Non-Interest Burden5.67%5.45%5.72%5.97%6.44%+77 bps
Growth
Asset Growth (YoY)-20.11%-30.65%-26.43%-27.23%-27.92%-782 bps
Loan Growth (YoY)-47.36%-47.84%-41.73%-5.63%-8.69%+3,867 bps
Deposit Growth (YoY)-11.29%-30.47%-27.31%-25.36%-26.09%-1,480 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.46%0.94%0.19%3.15%3.43%+296 bps
Allowance / Loans2.35%2.07%2.29%2.48%2.54%+19 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 Capital14.10%13.20%12.34%9.52%8.26%-583 bps
Equity / Assets8.83%9.27%8.74%7.29%6.43%-241 bps
Liquidity & Funding
Loans / Deposits61.54%71.54%70.81%77.35%76.03%+1,449 bps
Liquid Assets / Assets1.26%1.34%1.14%1.16%1.16%-10 bps
CRE / Total Capitaln/an/an/an/an/an/an/a