PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Universal Bank, N.A.

Columbus, GA · Cert 32897

FDIC

Q4 2001

$11.1BAssets
$8.8BLoans
$52.8MDeposits
$3.4BEquity
Deposit mix
19%Interest-bearing $10.0M81%Noninterest $42.8MQ4 2000Q4 2001

NIM

8.94%Q1 ’018.14%Q3 ’0112.94%Q4 ’01+11%+69%

Non-interest income vs. expense

5.09%Q1 ’013.51%Q3 ’015.58%Q4 ’01+430%-31%

Executive Summary

  • Earnings: ROA of 2.23%, up 38 bps year over year; NIM at 8.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 4.70%.
  • Funding: loans stand at 16767.95% of deposits as of Q4 2001.

Financial Results

Return on Assets (YTD, annualized)

2.23%+38 bps YoY

Net Interest Margin (YTD, annualized)

8.47%

Efficiency Ratio (YTD, annualized)

40.85%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2000Q1 2001Q2 2001Q3 2001Q4 2001YoY ΔTrend
Earnings
Return on Assets1.85%1.26%1.51%1.58%2.23%+38 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/a4.52%4.66%5.00%8.47%n/a
Efficiency Ration/a52.04%45.52%44.11%40.85%n/a
Non-Interest Burdenn/a-0.17%-0.10%0.55%0.38%n/a
Growth
Asset Growth (YoY)79.96%86.27%64.96%58.96%-9.43%-8,939 bps
Loan Growth (YoY)131.77%146.83%96.47%84.50%-7.52%-13,929 bps
Deposit Growth (YoY)-64.74%-68.00%21.85%30.45%49.31%+11,406 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/a3.17%2.56%2.87%4.70%n/a
Allowance / Loansn/a2.73%1.97%1.96%2.59%n/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capitaln/a17.68%14.30%15.10%25.03%n/a
Equity / Assetsn/a24.65%19.22%19.58%31.00%n/a
Liquidity & Funding
Loans / Deposits27072%30107%27414%29544%16768%-1,030,400 bps
Liquid Assets / Assets0.00%0.02%0.01%0.01%0.01%+1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a