Cleveland, MS · Cert 27995
FDIC
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 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.
Cleveland, MS · Cert 27995
FDIC
Q3 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 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.83% | -0.20% | -0.87% | -0.65% | -0.42% | -0.22% | -5.05% | -5.51% | -487 bps | |
| Return on Equity | -6.32% | -1.54% | -6.50% | -4.77% | -3.29% | -2.08% | -45.72% | -49.88% | -4,511 bps | |
| Net Interest Margin | 2.45% | 3.27% | 2.99% | 3.08% | 3.10% | 3.17% | 3.21% | 3.41% | +32 bps | |
| Efficiency Ratio | 130.37% | 105.60% | 127.72% | 119.69% | 113.08% | 106.09% | 239% | 230% | +11,004 bps | |
| Non-Interest Burden | 3.30% | 3.47% | 3.94% | 3.79% | 3.58% | 3.38% | 8.30% | 7.82% | +402 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.84% | -6.76% | -15.26% | -17.98% | -14.98% | -13.35% | -6.18% | -8.00% | +998 bps | |
| Loan Growth (YoY) | -1.23% | -4.72% | -9.19% | -12.34% | -3.94% | 3.56% | -1.46% | -2.14% | +1,020 bps | |
| Deposit Growth (YoY) | -4.15% | -8.06% | -10.02% | -13.24% | -9.68% | -7.03% | -3.57% | -4.02% | +922 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 | 0.17% | 0.00% | 2.17% | 0.50% | 0.44% | 0.05% | 0.03% | 0.02% | -48 bps | |
| Allowance / Loans | 5.64% | 6.11% | 5.03% | 5.93% | 5.43% | 5.44% | 5.72% | 5.95% | +2 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 | 25.74% | 26.44% | 26.03% | 26.89% | 17.39% | 20.90% | 22.38% | 20.83% | -606 bps | |
| Equity / Assets | 13.07% | 13.33% | 13.90% | 14.20% | 9.50% | 11.56% | 12.10% | 11.11% | -309 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 77.43% | 73.89% | 77.62% | 78.11% | 82.36% | 82.31% | 79.31% | 79.63% | +153 bps | |
| Liquid Assets / Assets | 31.10% | 35.97% | 28.63% | 29.31% | 25.33% | 25.35% | 26.85% | 24.91% | -439 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |