Carthage, TN · Cert 31857
FDIC
Q2 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2004, the quarter ended June 30, 2004, 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.
Carthage, TN · Cert 31857
FDIC
Q2 2004
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 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.71% | 0.76% | 0.77% | 0.29% | 0.37% | 0.42% | 0.37% | 0.43% | +14 bps | |
| Return on Equity | 9.69% | 10.30% | 10.39% | 3.93% | 5.06% | 5.66% | 4.79% | 5.57% | +165 bps | |
| Net Interest Margin | 4.16% | 4.27% | 4.14% | 4.22% | 3.60% | 3.57% | 3.44% | 3.38% | -84 bps | |
| Efficiency Ratio | 61.65% | 61.32% | 71.29% | 71.30% | 73.44% | 74.21% | 81.11% | 80.35% | +905 bps | |
| Non-Interest Burden | 2.11% | 2.15% | 2.63% | 2.73% | 2.28% | 2.31% | 2.63% | 2.52% | -21 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.44% | 9.33% | 5.99% | 6.55% | 6.39% | 2.60% | 1.28% | -5.34% | -1,189 bps | |
| Loan Growth (YoY) | 12.88% | 10.54% | 13.16% | 3.82% | -1.62% | -4.89% | -9.47% | -14.68% | -1,850 bps | |
| Deposit Growth (YoY) | 7.09% | 7.61% | 5.74% | 2.27% | 0.93% | -0.16% | -1.18% | -5.51% | -778 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 1.22% | 1.03% | 0.35% | 1.55% | 1.19% | 1.08% | 0.38% | 0.38% | -117 bps | |
| Allowance / Loans | 1.26% | 1.37% | 1.31% | 1.27% | 1.26% | 1.20% | 1.25% | 1.36% | +9 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 10.62% | 10.82% | 10.61% | 10.72% | 10.80% | 11.17% | 11.67% | 12.71% | +199 bps | |
| Equity / Assets | 7.37% | 7.38% | 7.45% | 7.31% | 7.43% | 7.60% | 7.73% | 7.95% | +64 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.22% | 91.38% | 92.01% | 90.07% | 88.92% | 87.04% | 84.29% | 81.33% | -874 bps | |
| Liquid Assets / Assets | 1.73% | 2.61% | 1.76% | 2.55% | 2.91% | 3.71% | 3.87% | 3.28% | +73 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |