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First Bank of Dothan, Inc.

Dothan, AL · Cert 27207

FDIC

Q4 2008

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 2008, the quarter ended December 31, 2008, 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

First Bank of Dothan, Inc.

Dothan, AL · Cert 27207

FDIC

Q4 2008

$55.1MAssets
$36.8MLoans
$51.9MDeposits
$2.8MEquity
Loan mix
92%RE $27.6M8%C&I $2.3M0%Consumer $0.0MQ4 2007Q4 2008
Deposit mix
87%Interest-bearing $45.3M13%Noninterest $6.6MQ4 2007Q4 2008

NIM

7.70%Q4 ’068.20%Q4 ’075.51%Q4 ’08-2%-41%

Non-interest income vs. expense

2.70%Q4 ’064.06%Q4 ’079.25%Q4 ’08+47%+172%

Executive Summary

  • Earnings: ROA of -11.24%, down 1,035 bps year over year; NIM at 2.35%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 8.95%.
  • Funding: loans stand at 70.96% of deposits as of Q4 2008.

Financial Results

Return on Assets (YTD, annualized)

-11.24%-1,035 bps YoY

Net Interest Margin (YTD, annualized)

2.35%-161 bps YoY

Efficiency Ratio (YTD, annualized)

201%+11,498 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets-0.88%-3.74%-3.23%-4.55%-11.24%-1,035 bps
Return on Equity-7.30%-27.40%-23.51%-33.68%-93.19%-8,590 bps
Net Interest Margin3.96%2.15%2.31%2.29%2.35%-161 bps
Efficiency Ratio86.13%219%171.77%175.26%201%+11,498 bps
Non-Interest Burden3.37%4.37%4.15%4.32%9.15%+579 bps
Growth
Asset Growth (YoY)-21.24%-25.66%-27.27%-27.24%-25.67%-443 bps
Loan Growth (YoY)-31.99%-37.41%-38.52%-32.08%-23.92%+807 bps
Deposit Growth (YoY)-22.81%-27.48%-28.05%-29.53%-18.63%+418 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans4.55%4.54%5.29%9.87%8.95%+440 bps
Allowance / Loans3.11%3.80%3.80%3.28%3.47%+36 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 Capital15.71%16.38%16.22%12.52%7.69%-802 bps
Equity / Assets13.34%14.02%13.90%12.75%5.12%-821 bps
Liquidity & Funding
Loans / Deposits75.89%75.65%75.06%75.39%70.96%-493 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