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Aliant Bank

Alexander City, AL · Cert 2773

FDIC

Q3 2011

$928.6MAssets
$686.0MLoans
$743.0MDeposits
$100.1MEquity
Loan mix
83%RE $461.6M16%C&I $87.1M2%Consumer $9.7MQ3 2010Q3 2011
Deposit mix
76%Interest-bearing $567.2M24%Noninterest $175.8MQ3 2010Q3 2011

NIM

4.39%Q3 ’094.05%Q3 ’104.57%Q3 ’11+13%+20%

Non-interest income vs. expense

2.69%Q3 ’092.83%Q3 ’103.07%Q3 ’11+9%-19%

Executive Summary

  • Earnings: ROA of 0.77%, up 74 bps year over year; NIM at 3.77%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.78%.
  • Funding: loans stand at 92.33% of deposits as of Q3 2011.

Financial Results

Return on Assets (quarter, annualized)

0.77%+74 bps YoY

Net Interest Margin (quarter, annualized)

3.77%+64 bps YoY

Efficiency Ratio (quarter, annualized)

66.72%-2,182 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2010Q4 2010Q1 2011Q2 2011Q3 2011YoY ΔTrend
Earnings
Return on Assets0.03%1-1.08%-0.49%-0.94%0.77%+74 bps
Return on Equity0.26%-9.88%-4.66%-9.23%7.35%+709 bps
Net Interest Margin3.13%3.46%3.46%3.67%3.77%+64 bps
Efficiency Ratio88.54%81.44%84.91%74.20%66.72%-2,182 bps
Non-Interest Burden2.77%2.64%2.89%2.53%2.24%-53 bps
Growth
Asset Growth (YoY)-5.28%-7.74%-5.83%-8.08%-2.32%+295 bps
Loan Growth (YoY)-11.06%-4.75%0.98%8.61%10.66%+2,172 bps
Deposit Growth (YoY)-8.00%-8.94%-9.06%-8.57%-1.90%+610 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.48%2.58%6.13%1.01%0.78%-70 bps
Allowance / Loans3.04%3.42%2.26%2.96%2.98%-6 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 Capital14.41%13.39%12.65%12.15%12.52%-189 bps
Equity / Assets11.02%10.89%10.13%10.24%10.78%-24 bps
Liquidity & Funding
Loans / Deposits81.85%89.59%89.18%89.74%92.33%+1,048 bps
Liquid Assets / Assets5.70%0.27%0.12%0.21%0.31%-539 bps
CRE / Total Capitaln/an/an/an/an/an/an/a