Gallatin, TN · Cert 32741
FDIC
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, 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.
Gallatin, TN · Cert 32741
FDIC
Q3 2003
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 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.81% | 0.80% | 0.20% | 0.55% | 0.82% | 1.15% | 0.95% | 0.93% | +37 bps | |
| Return on Equity | n/a | 9.07% | 2.28% | 6.23% | 9.21% | 12.45% | 10.24% | 9.94% | +371 bps | |
| Net Interest Margin | 3.55% | 3.66% | 3.74% | 3.74% | 3.64% | 3.65% | 3.53% | 3.39% | -35 bps | |
| Efficiency Ratio | 64.42% | 67.41% | 64.29% | 62.50% | 63.30% | 62.15% | 63.52% | 65.14% | +264 bps | |
| Non-Interest Burden | 1.91% | 2.15% | 2.07% | 1.93% | 1.90% | 1.80% | 1.80% | 1.80% | -13 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.69% | 7.55% | 8.88% | 5.91% | 7.23% | 4.59% | 6.84% | 4.87% | -104 bps | |
| Loan Growth (YoY) | 3.32% | 0.54% | 6.11% | 9.25% | 1.50% | 1.35% | 0.74% | 1.67% | -758 bps | |
| Deposit Growth (YoY) | 7.44% | 7.74% | 9.62% | 6.74% | 7.71% | 4.53% | 6.95% | 4.44% | -229 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 | 0.93% | 0.37% | 2.34% | 1.56% | 0.84% | -0.07% | 0.32% | 0.31% | -125 bps | |
| Allowance / Loans | 1.16% | 1.20% | 1.13% | 1.17% | 1.20% | 1.25% | 1.25% | 1.15% | -2 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 | 14.06% | 14.41% | 13.90% | 14.13% | 15.19% | 15.76% | 15.40% | 15.36% | +123 bps | |
| Equity / Assets | 8.90% | 8.83% | 8.66% | 9.01% | 9.14% | 9.36% | 9.24% | 9.51% | +50 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 67.19% | 64.03% | 65.90% | 66.90% | 63.32% | 62.07% | 62.07% | 65.13% | -177 bps | |
| Liquid Assets / Assets | 21.15% | 20.07% | 23.42% | 13.66% | 11.09% | 9.72% | 5.93% | 5.45% | -821 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |