Rockmart, GA · Cert 32739
FDIC
Q2 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2008, the quarter ended June 30, 2008, 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.
Rockmart, GA · Cert 32739
FDIC
Q2 2008
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 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.64% | 0.73% | 0.74% | 0.68% | 0.65% | 0.42% | -2.28% | -0.22% | -90 bps | |
| Return on Equity | 8.30% | 9.74% | 10.39% | 9.49% | 8.92% | 5.68% | -30.06% | -2.06% | -1,155 bps | |
| Net Interest Margin | 3.82% | 3.68% | 4.12% | 3.77% | 3.69% | 3.66% | 1.95% | 0.45% | -332 bps | |
| Efficiency Ratio | 73.12% | 70.12% | 67.25% | 68.78% | 70.47% | 70.57% | 108.28% | 162.50% | +9,372 bps | |
| Non-Interest Burden | 2.62% | 2.41% | 2.62% | 2.45% | 2.50% | 2.49% | 2.15% | 0.87% | -159 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 22.92% | 38.87% | 41.22% | 36.93% | 25.24% | 12.17% | -5.95% | -13.17% | -5,010 bps | |
| Loan Growth (YoY) | 32.40% | 54.52% | 39.67% | 41.59% | 26.60% | 11.91% | -3.54% | -16.62% | -5,821 bps | |
| Deposit Growth (YoY) | 33.88% | 49.34% | 44.46% | 30.93% | 9.82% | 4.02% | 0.12% | -9.37% | -4,029 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 | -0.02% | -0.01% | -0.04% | -0.01% | 0.06% | 0.10% | 0.39% | 0.02% | +4 bps | |
| Allowance / Loans | 1.16% | 1.12% | 1.19% | 1.22% | 1.17% | 1.69% | 2.97% | 10.11% | +889 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 | 10.60% | 10.09% | 10.73% | 10.31% | 10.43% | 10.38% | 10.65% | 13.34% | +303 bps | |
| Equity / Assets | 7.10% | 7.00% | 7.21% | 7.24% | 7.46% | 7.61% | 7.54% | 17.30% | +1,006 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.31% | 98.62% | 94.11% | 106.95% | 104.11% | 106.11% | 90.67% | 98.39% | -856 bps | |
| Liquid Assets / Assets | 0.25% | 0.19% | 0.14% | 0.32% | 0.18% | 0.18% | 0.21% | 0.05% | -27 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |