PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Teche Federal Bank

New Iberia, LA · Cert 29028

FDIC

Q1 2014

$861.1MAssets
$706.5MLoans
$662.6MDeposits
$85.0MEquity
Loan mix
84%RE $548.3M5%C&I $33.5M11%Consumer $70.9MQ1 2013Q1 2014
Deposit mix
83%Interest-bearing $548.1M17%Noninterest $114.6MQ1 2013Q1 2014

NIM

4.80%Q1 ’124.26%Q1 ’134.31%Q1 ’14-8%+5%

Non-interest income vs. expense

4.00%Q1 ’124.01%Q1 ’133.85%Q1 ’140%+0%

Executive Summary

  • Earnings: ROA of 0.96%, up 18 bps year over year; NIM at 3.62%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.08%.
  • Funding: loans stand at 106.62% of deposits as of Q1 2014.

Financial Results

Return on Assets (quarter, annualized)

0.96%+18 bps YoY

Net Interest Margin (quarter, annualized)

3.62%+16 bps YoY

Efficiency Ratio (quarter, annualized)

72.74%-292 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014YoY ΔTrend
Earnings
Return on Assets0.78%0.96%1.07%1.14%0.96%+18 bps
Return on Equity8.47%10.33%11.29%12.02%9.95%+148 bps
Net Interest Margin3.45%3.65%3.72%3.66%3.62%+16 bps
Efficiency Ratio75.66%73.65%71.59%69.93%72.74%-292 bps
Non-Interest Burden2.17%2.21%2.11%2.02%2.17%+1 bps
Growth
Asset Growth (YoY)3.84%-0.52%0.53%4.43%0.32%-352 bps
Loan Growth (YoY)0.31%1.09%1.52%9.57%9.70%+939 bps
Deposit Growth (YoY)4.91%5.42%5.61%3.20%-0.88%-580 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.22%0.06%0.10%0.09%0.08%-13 bps
Allowance / Loans1.26%1.20%1.15%1.09%1.07%-19 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 Capital14.37%14.30%14.31%14.34%14.75%+37 bps
Equity / Assets9.14%9.43%9.45%9.47%9.87%+72 bps
Liquidity & Funding
Loans / Deposits96.33%102.00%103.84%107.21%106.62%+1,029 bps
Liquid Assets / Assets15.03%10.65%10.53%10.45%8.86%-617 bps
CRE / Total Capitaln/an/an/an/an/an/an/a