PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Jacksonville Savings Bank, SSB

Jacksonville, TX · Cert 28066

FDIC

Q3 2003

$472.0MAssets
$280.5MLoans
$394.8MDeposits
$42.4MEquity
Deposit mix
93%Interest-bearing $368.5M7%Noninterest $26.3MQ3 2002Q3 2003

NIM

7.34%Q3 ’016.62%Q3 ’025.50%Q3 ’03+12%-9%

Non-interest income vs. expense

1.89%Q3 ’011.76%Q3 ’021.74%Q3 ’03-20%-1%

Executive Summary

  • Earnings: ROA of 1.35%, down 23 bps year over year; NIM at 3.15%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.03%.
  • Funding: loans stand at 71.06% of deposits as of Q3 2003.

Financial Results

Return on Assets (quarter, annualized)

1.35%-23 bps YoY

Net Interest Margin (quarter, annualized)

3.15%-32 bps YoY

Efficiency Ratio (quarter, annualized)

44.77%+440 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets1.58%1.60%1.42%1.38%1.35%-23 bps
Return on Equity17.99%18.28%15.79%15.39%15.06%-293 bps
Net Interest Margin3.48%3.45%3.36%3.26%3.15%-32 bps
Efficiency Ratio40.37%43.90%44.89%44.68%44.77%+440 bps
Non-Interest Burden1.11%1.01%1.21%1.15%1.09%-2 bps
Growth
Asset Growth (YoY)21.11%10.14%11.83%15.67%11.02%-1,008 bps
Loan Growth (YoY)7.57%3.36%3.43%5.92%5.28%-229 bps
Deposit Growth (YoY)35.91%15.75%16.62%15.98%9.72%-2,619 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.02%0.00%0.02%0.18%0.03%+1 bps
Allowance / Loans0.48%0.49%0.50%0.45%0.46%-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 Capital13.77%14.76%15.64%15.85%16.74%+297 bps
Equity / Assets8.62%8.94%9.01%8.90%8.98%+36 bps
Liquidity & Funding
Loans / Deposits74.06%73.71%71.68%71.73%71.06%-300 bps
Liquid Assets / Assets12.43%8.45%5.67%5.16%4.38%-805 bps
CRE / Total Capitaln/an/an/an/an/an/an/a