PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Community National Bank

Ashburn, GA · Cert 33073

FDIC

Q3 2006

$132.9MAssets
$104.9MLoans
$104.9MDeposits
$24.7MEquity
Loan mix
84%RE $60.0M15%C&I $10.7M1%Consumer $0.6MQ3 2005Q3 2006
Deposit mix
90%Interest-bearing $94.3M10%Noninterest $10.7MQ3 2005Q3 2006

NIM

6.38%Q3 ’047.01%Q3 ’053.38%Q3 ’06+9%-55%

Non-interest income vs. expense

3.16%Q3 ’043.26%Q3 ’051.35%Q3 ’06-4%-58%

Executive Summary

  • Earnings: ROA of 0.74%, down 31 bps year over year; NIM at 2.22%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.04%.
  • Funding: loans stand at 99.95% of deposits as of Q3 2006.

Financial Results

Return on Assets (YTD, annualized)

0.74%-31 bps YoY

Net Interest Margin (YTD, annualized)

2.22%-270 bps YoY

Efficiency Ratio (YTD, annualized)

52.09%-368 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets1.05%1.20%1.59%0.29%0.74%-31 bps
Return on Equity9.02%10.13%11.64%1.94%4.71%-430 bps
Net Interest Margin4.92%5.04%5.09%0.84%2.22%-270 bps
Efficiency Ratio55.77%56.14%55.81%50.97%52.09%-368 bps
Non-Interest Burden2.34%2.44%2.46%0.36%0.98%-136 bps
Growth
Asset Growth (YoY)-6.45%-9.13%-10.15%8.74%1.33%+778 bps
Loan Growth (YoY)-7.75%-10.91%-8.78%-5.82%-5.83%+193 bps
Deposit Growth (YoY)-6.29%-11.61%-13.25%-15.37%-8.17%-188 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.31%1.19%0.24%-0.01%0.04%-127 bps
Allowance / Loans1.75%2.10%2.07%1.99%2.07%+33 bps
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 Capital16.25%18.37%18.69%14.05%15.15%-110 bps
Equity / Assets12.32%13.17%14.14%16.50%18.54%+622 bps
Liquidity & Funding
Loans / Deposits97.47%91.75%99.03%107.23%99.95%+249 bps
Liquid Assets / Assets0.18%0.19%0.21%0.19%0.22%+4 bps
CRE / Total Capitaln/an/an/an/an/an/an/a