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Southern State Bank

Malvern, AR · Cert 33456

FDIC

Q4 2007

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2007, the quarter ended December 31, 2007, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Southern State Bank

Malvern, AR · Cert 33456

FDIC

Q4 2007

$87.4MAssets
$59.9MLoans
$70.9MDeposits
$14.0MEquity
Deposit mix
92%Interest-bearing $65.6M8%Noninterest $5.4MQ4 2006Q4 2007

NIM

5.41%Q4 ’056.30%Q4 ’060.32%Q4 ’07+1%-95%

Non-interest income vs. expense

2.54%Q4 ’052.73%Q4 ’060.08%Q4 ’07+7%-97%

Executive Summary

  • Earnings: ROA of 0.16%, down 60 bps year over year; NIM at 0.16%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 84.45% of deposits as of Q4 2007.

Financial Results

Return on Assets (YTD, annualized)

0.16%-60 bps YoY

Net Interest Margin (YTD, annualized)

0.16%-312 bps YoY

Efficiency Ratio (YTD, annualized)

45.03%-2,626 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2006Q1 2007Q2 2007Q3 2007Q4 2007YoY ΔTrend
Earnings
Return on Assets0.76%0.89%0.86%0.88%0.16%-60 bps
Return on Equity9.66%10.43%10.00%10.08%1.58%-807 bps
Net Interest Margin3.28%3.38%3.55%3.49%0.16%-312 bps
Efficiency Ratio71.29%69.83%70.27%70.16%45.03%-2,626 bps
Non-Interest Burden2.18%2.19%2.32%2.28%0.06%-212 bps
Growth
Asset Growth (YoY)4.90%-0.59%-5.84%-5.76%5.77%+87 bps
Loan Growth (YoY)12.57%13.72%-0.94%-0.65%11.21%-136 bps
Deposit Growth (YoY)10.11%4.40%-5.47%-9.18%5.94%-417 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.06%0.04%0.03%0.12%0.00%-6 bps
Allowance / Loans1.64%1.62%1.72%1.60%1.46%-18 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 Capital12.73%13.01%13.53%13.66%11.45%-128 bps
Equity / Assets8.26%8.77%8.70%9.13%15.97%+771 bps
Liquidity & Funding
Loans / Deposits80.44%80.90%79.28%84.33%84.45%+400 bps
Liquid Assets / Assets3.11%3.07%2.82%2.52%0.53%-258 bps
CRE / Total Capitaln/an/an/an/an/an/an/a