PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Prosperity Bank & Trust Company

Springfield, VA · Cert 26875

FDIC

Q4 2007

$139.0MAssets
$81.8MLoans
$94.8MDeposits
$37.4MEquity
Loan mix
80%RE $49.2M19%C&I $11.8M0%Consumer $0.1MQ1 2006Q4 2007
Deposit mix
59%Interest-bearing $56.1M41%Noninterest $38.7MQ1 2006Q4 2007

Executive Summary

  • Earnings: ROA of 0.74%, down 30 bps year over year; NIM at 3.95%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.03%.
  • Funding: loans stand at 86.36% of deposits as of Q4 2007.

Return on Assets (quarter, annualized)

0.74%-30 bps YoY

Net Interest Margin (quarter, annualized)

3.95%-6 bps YoY

Efficiency Ratio (quarter, annualized)

65.69%+311 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.94%Q4 ’055.45%Q4 ’065.38%Q4 ’07-19%-1%

Non-interest income vs. expense

3.36%Q4 ’052.72%Q4 ’063.26%Q4 ’07-18%+23%

Discrete quarter, annualized.

MetricQ1 2006Q2 2006Q3 2006Q4 2006Q1 2007Q2 2007Q3 2007Q4 2007YoY ΔTrend
Earnings
Return on Assets-0.79%1.68%0.89%1.04%0.70%0.66%0.80%0.74%-30 bps
Return on Equity-8.87%9.97%3.77%4.18%2.68%2.56%3.04%2.76%-142 bps
Net Interest Margin4.96%-0.13%3.96%4.00%3.88%3.97%4.05%3.95%-6 bps
Efficiency Ratio112.69%68.35%70.53%62.58%66.39%69.03%64.49%65.69%+311 bps
Non-Interest Burden5.64%-2.03%2.69%2.38%2.90%3.06%2.93%2.91%+54 bps
Growth
Asset Growth (YoY)8.10%18.34%18.94%11.97%12.15%-6.07%-10.40%-0.61%-1,258 bps
Loan Growth (YoY)6.93%12.57%8.98%8.75%4.48%2.48%1.71%4.11%-464 bps
Deposit Growth (YoY)6.98%-3.36%-3.66%-7.15%-10.58%-8.80%-14.42%-4.57%+258 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.02%-0.02%0.03%+3 bps
Allowance / Loans1.03%1.01%1.04%1.06%1.04%1.01%1.03%1.01%-5 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital13.50%14.12%14.63%16.56%14.34%13.74%14.86%14.98%-159 bps
Equity / Assets8.65%23.75%23.72%26.32%25.66%25.89%26.94%26.94%+62 bps
Liquidity & Funding
Loans / Deposits68.69%73.37%73.70%79.16%80.26%82.44%87.59%86.36%+721 bps
Liquid Assets / Assets4.89%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a