Memphis, TN · Cert 32872
FDIC
Q3 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2005, the quarter ended September 30, 2005, 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.
Memphis, TN · Cert 32872
FDIC
Q3 2005
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 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.47% | -0.95% | 0.08% | 0.23% | 0.28% | 0.51% | 0.36% | 0.31% | +9 bps | |
| Return on Equity | 5.03% | -10.90% | 0.67% | 1.66% | 1.96% | 2.83% | 1.96% | 1.66% | 0 bps | |
| Net Interest Margin | 3.30% | 3.57% | 1.59% | 2.05% | 2.32% | 3.26% | 3.24% | 3.28% | +124 bps | |
| Efficiency Ratio | 80.53% | 88.91% | 75.54% | 68.34% | 62.75% | 58.02% | 64.58% | 64.79% | -355 bps | |
| Non-Interest Burden | 2.48% | 3.12% | 1.38% | 1.60% | 1.66% | 2.24% | 2.40% | 2.43% | +83 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.16% | 12.99% | 29.04% | 18.03% | 18.28% | 12.95% | -4.86% | -9.50% | -2,753 bps | |
| Loan Growth (YoY) | 7.92% | 14.66% | 8.96% | 2.29% | 2.90% | -4.35% | -9.41% | -7.41% | -970 bps | |
| Deposit Growth (YoY) | 9.07% | 14.65% | 16.04% | 10.41% | 7.22% | 0.71% | -7.52% | -13.38% | -2,379 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 | 0.01% | 0.08% | -0.01% | 0.05% | 0.07% | 0.07% | 0.24% | 0.93% | +88 bps | |
| Allowance / Loans | 1.56% | 2.12% | 2.18% | 2.23% | 2.37% | 2.60% | 2.81% | 2.47% | +25 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 | 12.54% | 12.50% | 11.45% | 10.91% | 10.68% | 11.80% | 12.10% | 12.49% | +158 bps | |
| Equity / Assets | 8.71% | 8.81% | 17.83% | 17.88% | 17.70% | 18.76% | 19.27% | 19.89% | +201 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.47% | 93.60% | 90.14% | 88.00% | 86.82% | 88.89% | 88.30% | 94.06% | +606 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.21% | 0.21% | 0.15% | 0.01% | +1 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |