Dothan, AL · Cert 27207
FDIC
Q4 2008
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Dothan, AL · Cert 27207
FDIC
Q4 2008
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 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.91% | -0.17% | -0.68% | -0.88% | -3.74% | -3.23% | -4.55% | -11.24% | -1,035 bps | |
| Return on Equity | 7.85% | -1.48% | -5.76% | -7.30% | -27.40% | -23.51% | -33.68% | -93.19% | -8,590 bps | |
| Net Interest Margin | 3.87% | 3.91% | 3.81% | 3.96% | 2.15% | 2.31% | 2.29% | 2.35% | -161 bps | |
| Efficiency Ratio | 57.39% | 77.58% | 80.50% | 86.13% | 219% | 171.77% | 175.26% | 201% | +11,498 bps | |
| Non-Interest Burden | 2.03% | 2.93% | 2.99% | 3.37% | 4.37% | 4.15% | 4.32% | 9.15% | +579 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -10.99% | -18.60% | -21.15% | -21.24% | -25.66% | -27.27% | -27.24% | -25.67% | -443 bps | |
| Loan Growth (YoY) | -11.29% | -19.21% | -22.58% | -31.99% | -37.41% | -38.52% | -32.08% | -23.92% | +807 bps | |
| Deposit Growth (YoY) | -13.01% | -21.41% | -23.47% | -22.81% | -27.48% | -28.05% | -29.53% | -18.63% | +418 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 | 0.10% | 0.39% | 2.97% | 4.55% | 4.54% | 5.29% | 9.87% | 8.95% | +440 bps | |
| Allowance / Loans | 3.16% | 3.84% | 3.76% | 3.11% | 3.80% | 3.80% | 3.28% | 3.47% | +36 bps | |
| 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 | 14.03% | 13.59% | 14.68% | 15.71% | 16.38% | 16.22% | 12.52% | 7.69% | -802 bps | |
| Equity / Assets | 11.96% | 12.07% | 12.36% | 13.34% | 14.02% | 13.90% | 12.75% | 5.12% | -821 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.65% | 87.85% | 78.21% | 75.89% | 75.65% | 75.06% | 75.39% | 70.96% | -493 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 |