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 ’0110.42%Q3 ’0110.89%Q4 ’01+60%+21%

Non-interest income vs. expense

5.09%Q1 ’013.89%Q3 ’014.72%Q4 ’01+1189%-168%

Executive Summary

  • Earnings: ROA of 3.94%, up 209 bps year over year; NIM at 8.78%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 4.57%.
  • Funding: loans stand at 16767.95% of deposits as of Q4 2001.

Financial Results

Return on Assets (quarter, annualized)

3.94%+209 bps YoY

Net Interest Margin (quarter, annualized)

8.78%

Efficiency Ratio (quarter, annualized)

32.02%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2000Q1 2001Q2 2001Q3 2001Q4 2001YoY ΔTrend
Earnings
Return on Assets1.85%1.26%1.77%1.64%3.94%+209 bps
Return on Equityn/an/a8.23%8.43%16.35%n/a
Net Interest Marginn/a4.52%5.62%7.23%8.78%n/a
Efficiency Ration/a52.04%40.00%41.90%32.02%n/a
Non-Interest Burdenn/a-0.17%-0.06%1.83%-1.24%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%2.84%3.49%4.57%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