PackageTrendsPeer
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First State Bank of Donalsonville

Donalsonville, GA · Cert 29365

FDIC

Q3 2002

$80.4MAssets
$57.8MLoans
$59.7MDeposits
$8.0MEquity
Loan mix
59%RE $20.9M40%C&I $14.2M1%Consumer $0.3MQ3 2001Q3 2002
Deposit mix
92%Interest-bearing $54.9M8%Noninterest $4.8MQ3 2001Q3 2002

NIM

7.95%Q1 ’017.66%Q3 ’016.01%Q3 ’02+3%+5%

Non-interest income vs. expense

2.47%Q1 ’012.58%Q3 ’013.10%Q3 ’02+4%+42%

Executive Summary

  • Earnings: ROA of 0.12%, down 38 bps year over year; NIM at 3.10%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.22%.
  • Funding: loans stand at 96.83% of deposits as of Q3 2002.

Financial Results

Return on Assets (quarter, annualized)

0.12%-38 bps YoY

Net Interest Margin (quarter, annualized)

3.10%+13 bps YoY

Efficiency Ratio (quarter, annualized)

94.36%+2,043 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets0.50%-0.30%0.71%0.52%0.12%-38 bps
Return on Equity5.70%-3.25%7.66%5.43%1.26%-444 bps
Net Interest Margin2.97%2.69%3.05%3.30%3.10%+13 bps
Efficiency Ratio73.94%83.33%74.51%75.69%94.36%+2,043 bps
Non-Interest Burden2.06%2.16%2.26%2.43%2.92%+86 bps
Growth
Asset Growth (YoY)-2.38%-2.27%-13.06%-8.86%-4.24%-186 bps
Loan Growth (YoY)-0.50%-2.40%2.95%8.34%5.64%+614 bps
Deposit Growth (YoY)-2.93%-3.22%-16.64%-11.49%-5.85%-292 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%2.33%0.14%0.41%0.22%+22 bps
Allowance / Loans1.52%1.34%1.23%1.12%1.08%-45 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 Capital13.98%13.95%13.62%13.45%13.62%-36 bps
Equity / Assets9.32%9.07%9.52%9.60%9.89%+58 bps
Liquidity & Funding
Loans / Deposits86.31%82.71%93.24%92.95%96.83%+1,053 bps
Liquid Assets / Assets0.11%0.03%0.10%0.06%0.04%-7 bps
CRE / Total Capitaln/an/an/an/an/an/an/a