Aberdeen, MS · Cert 29646
FDIC · 1 branch
Q2 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2023, the quarter ended June 30, 2023, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Aberdeen, MS · Cert 29646
FDIC · 1 branch
Q2 2023
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.49% | 0.49% | 0.63% | 0.65% | 0.50% | 0.35% | -0.43% | -0.81% | -146 bps | |
| Return on Equity | 3.03% | 3.02% | 3.92% | 4.08% | 3.22% | 2.27% | -2.97% | -5.70% | -978 bps | |
| Net Interest Margin | 2.29% | 2.29% | 2.19% | 2.22% | 2.16% | 2.11% | 1.48% | 1.45% | -77 bps | |
| Efficiency Ratio | 70.14% | 69.38% | 59.11% | 62.22% | 70.63% | 78.88% | 130.37% | 163.52% | +10,130 bps | |
| Non-Interest Burden | 1.61% | 1.59% | 1.26% | 1.36% | 1.52% | 1.66% | 1.94% | 2.39% | +103 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.37% | 2.26% | 2.39% | -0.52% | 4.10% | 1.72% | 7.94% | 12.91% | +1,343 bps | |
| Loan Growth (YoY) | 18.19% | 14.74% | 13.51% | 5.86% | 5.45% | 4.45% | 6.60% | 12.11% | +624 bps | |
| Deposit Growth (YoY) | 2.44% | 2.51% | 3.00% | 0.29% | 6.48% | 3.67% | 10.23% | 10.15% | +987 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.16% | 0.15% | 0.14% | 0.18% | 0.18% | 0.00% | 0.40% | 0.38% | +20 bps | |
| Net Charge-Offs / Loans | 0.07% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.55% | 0.57% | 0.58% | 0.58% | 0.57% | 0.57% | 0.57% | 0.55% | -4 bps | |
| Allowance Coverage of NPLs | 3.5x | 3.8x | 4.0x | 3.3x | 3.2x | n/a | 1.4x | 1.4x | -1.8x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 16.25% | 16.27% | 15.72% | 15.50% | 16.68% | 16.74% | 15.67% | 15.07% | -43 bps | |
| Total Risk-Based Capital | 16.25% | 16.27% | 15.72% | 15.50% | 16.68% | 16.74% | 15.67% | 15.07% | -43 bps | |
| Equity / Assets | 16.33% | 16.19% | 15.87% | 15.64% | 14.62% | 14.77% | 14.18% | 13.69% | -195 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 92.51% | 92.62% | 94.62% | 93.95% | 91.62% | 93.31% | 91.50% | 95.62% | +167 bps | |
| Liquid Assets / Assets | 10.67% | 11.86% | 9.04% | 10.88% | 13.04% | 11.77% | 13.18% | 13.22% | +234 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |