PackageTrendsPeer
Letter portraitLegal landscape

Athens Federal Community Bank

Athens, TN · Cert 29085

FDIC · 10 branches

Q3 2018

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2018, the quarter ended September 30, 2018, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Athens Federal Community Bank

Athens, TN · Cert 29085

FDIC · 10 branches

Q3 2018

$466.2MAssets
$349.6MLoans
$404.8MDeposits
$53.9MEquity
Loan mix
84%RE $219.1M9%C&I $23.7M7%Consumer $18.5MQ3 2017Q3 2018
Deposit mix
86%Interest-bearing $346.9M14%Noninterest $57.8MQ3 2017Q3 2018

NIM

3.97%Q3 ’163.98%Q3 ’174.60%Q3 ’18+0%+17%

Non-interest income vs. expense

3.52%Q3 ’163.31%Q3 ’174.52%Q3 ’18-10%+61%

Market Position · Cleveland, TN · 2018 SOD (annual) · 1.7% share · #12 of 16 inst. · $0.0B of $1.9B

28.0% McMinn
14.1% Monroe
1.8% Bradley
2.3% Loudon

Executive Summary

  • Earnings: ROA of 0.69%, down 30 bps year over year; NIM at 4.24%.
  • Asset quality: problem loans at 0.29% of loans (-3 bps YoY), with net charge-offs at 0.03%.
  • Capital: tier 1 leverage ratio of 11.09%, up 77 bps from a year ago.
  • Funding: loans stand at 86.37% of deposits as of Q3 2018.

Financial Results

Return on Assets (YTD, annualized)

0.69%-30 bps YoY

Net Interest Margin (YTD, annualized)

4.24%+62 bps YoY

Efficiency Ratio (YTD, annualized)

81.27%+1,526 bps YoY

Tier 1 Leverage Ratio

11.09%+77 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets0.99%0.97%1.37%1.47%0.69%-30 bps
Return on Equity9.05%8.96%13.44%14.17%6.47%-258 bps
Net Interest Margin3.62%3.68%4.01%4.12%4.24%+62 bps
Efficiency Ratio66.02%67.27%63.05%61.82%81.27%+1,526 bps
Non-Interest Burden2.01%2.11%2.14%2.13%3.24%+123 bps
Growth
Asset Growth (YoY)8.94%5.65%5.79%3.26%0.44%-850 bps
Loan Growth (YoY)7.80%11.69%11.01%11.41%14.13%+633 bps
Deposit Growth (YoY)10.08%7.00%6.29%3.29%-0.02%-1,010 bps
Asset Quality
Nonperforming Loans / Loans0.32%0.33%0.28%0.27%0.29%-3 bps
Net Charge-Offs / Loans0.06%0.06%0.02%0.02%0.03%-4 bps
Allowance / Loans1.41%1.23%1.19%1.17%1.16%-26 bps
Allowance Coverage of NPLs4.4x3.7x4.2x4.3x4.0x-0.4x
Capital
Tier 1 Leverage Ratio10.31%9.73%9.78%10.06%11.09%+77 bps
Total Risk-Based Capital17.24%15.49%14.12%14.29%15.22%-203 bps
Equity / Assets10.90%10.34%10.07%10.64%11.56%+66 bps
Liquidity & Funding
Loans / Deposits75.66%79.32%78.67%82.46%86.37%+1,071 bps
Liquid Assets / Assets7.30%3.20%4.11%1.52%0.90%-640 bps
CRE / Total Capitaln/an/an/an/an/an/an/a