PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Cleveland Community Bank, S.S.B.

Cleveland, MS · Cert 27995

FDIC

Q3 2008

$20.0MAssets
$14.1MLoans
$17.6MDeposits
$2.2MEquity
Deposit mix
100%Interest-bearing $17.6M0%Noninterest $0.0MQ3 2007Q3 2008

NIM

5.93%Q3 ’066.54%Q3 ’076.43%Q3 ’08+22%+13%

Non-interest income vs. expense

3.68%Q3 ’063.89%Q3 ’074.92%Q3 ’08-5%+84%

Executive Summary

  • Earnings: ROA of -6.46%, down 630 bps year over year; NIM at 3.44%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 79.63% of deposits as of Q3 2008.

Financial Results

Return on Assets (quarter, annualized)

-6.46%-630 bps YoY

Net Interest Margin (quarter, annualized)

3.44%+39 bps YoY

Efficiency Ratio (quarter, annualized)

200%+9,557 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets-0.16%0.31%-0.22%-9.95%-6.46%-630 bps
Return on Equity-1.16%2.63%-2.08%-84.14%-55.65%-5,449 bps
Net Interest Margin3.05%3.16%3.17%3.18%3.44%+39 bps
Efficiency Ratio104.43%94.17%106.09%373%200%+9,557 bps
Non-Interest Burden3.21%2.94%3.38%13.14%5.90%+269 bps
Growth
Asset Growth (YoY)-17.98%-14.98%-13.35%-6.18%-8.00%+998 bps
Loan Growth (YoY)-12.34%-3.94%3.56%-1.46%-2.14%+1,020 bps
Deposit Growth (YoY)-13.24%-9.68%-7.03%-3.57%-4.02%+922 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-2.98%0.36%0.05%0.00%0.00%+298 bps
Allowance / Loans5.93%5.43%5.44%5.72%5.95%+2 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 Capital26.89%17.39%20.90%22.38%20.83%-606 bps
Equity / Assets14.20%9.50%11.56%12.10%11.11%-309 bps
Liquidity & Funding
Loans / Deposits78.11%82.36%82.31%79.31%79.63%+153 bps
Liquid Assets / Assets29.31%25.33%25.35%26.85%24.91%-439 bps
CRE / Total Capitaln/an/an/an/an/an/an/a