PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Century South Bank of Alabama

Oxford, AL · Cert 27365

FDIC

Q3 2001

$91.6MAssets
$45.5MLoans
$78.1MDeposits
$8.8MEquity
Loan mix
63%RE $11.4M37%C&I $6.8M0%Consumer $0.0MQ3 2000Q3 2001
Deposit mix
91%Interest-bearing $71.3M9%Noninterest $6.7MQ3 2000Q3 2001

NIM

7.93%Q1 ’017.35%Q2 ’016.95%Q3 ’01-10%+3%

Non-interest income vs. expense

3.03%Q1 ’015.97%Q2 ’012.76%Q3 ’01+171%-63%

Executive Summary

  • Earnings: ROA of 0.54%, down 66 bps year over year; NIM at 2.82%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.96%.
  • Funding: loans stand at 58.28% of deposits as of Q3 2001.

Financial Results

Return on Assets (quarter, annualized)

0.54%-66 bps YoY

Net Interest Margin (quarter, annualized)

2.82%

Efficiency Ratio (quarter, annualized)

78.01%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2000Q4 2000Q1 2001Q2 2001Q3 2001YoY ΔTrend
Earnings
Return on Assets1.20%1.02%-0.85%-1.74%0.54%-66 bps
Return on Equityn/an/an/a-18.44%5.65%n/a
Net Interest Marginn/an/a3.05%2.74%2.82%n/a
Efficiency Ration/an/a75.10%188.54%78.01%n/a
Non-Interest Burdenn/an/a2.05%5.54%2.05%n/a
Growth
Asset Growth (YoY)-3.25%0.65%-3.71%-3.30%-3.78%-53 bps
Loan Growth (YoY)-2.64%-6.75%-5.24%-13.25%-19.81%-1,717 bps
Deposit Growth (YoY)-6.26%-1.07%-5.82%-4.67%-3.56%+270 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a5.63%0.23%0.96%n/a
Allowance / Loansn/an/a2.67%3.21%3.17%n/a
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 Capitaln/an/a15.83%15.82%17.07%n/a
Equity / Assetsn/an/a9.57%9.32%9.65%n/a
Liquidity & Funding
Loans / Deposits70.08%64.49%62.95%61.78%58.28%-1,180 bps
Liquid Assets / Assets0.00%0.00%0.21%0.20%0.20%+20 bps
CRE / Total Capitaln/an/an/an/an/an/an/a