Jackson, MS · Cert 33819
FDIC
Q2 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2003, the quarter ended June 30, 2003, 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.
Jackson, MS · Cert 33819
FDIC
Q2 2003
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 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.01% | -2.52% | 0.92% | 1.26% | 0.79% | 0.20% | -0.20% | 0.32% | -94 bps | |
| Return on Equity | n/a | n/a | 13.32% | 16.63% | 10.03% | 2.46% | -2.34% | 4.01% | -1,262 bps | |
| Net Interest Margin | 5.41% | 5.23% | 7.44% | 8.28% | 8.06% | 7.89% | 7.09% | 8.38% | +10 bps | |
| Efficiency Ratio | 115.51% | 127.48% | 84.99% | 81.47% | 86.46% | 91.67% | 100.28% | 94.85% | +1,338 bps | |
| Non-Interest Burden | 6.32% | 6.83% | 6.36% | 6.80% | 7.05% | 7.35% | 7.29% | 8.10% | +130 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.57% | 3.10% | -8.50% | -16.98% | -23.78% | -13.08% | -13.95% | 16.32% | +3,329 bps | |
| Loan Growth (YoY) | 27.44% | 13.30% | -7.57% | -22.66% | -29.65% | -18.26% | -26.45% | 1.79% | +2,445 bps | |
| Deposit Growth (YoY) | 20.19% | 7.83% | -6.86% | -14.17% | -22.89% | -16.48% | -15.07% | 18.69% | +3,287 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 | 0.29% | 0.45% | 0.10% | 0.28% | 0.19% | 0.43% | 0.05% | 0.38% | +9 bps | |
| Allowance / Loans | 1.36% | 2.54% | 2.93% | 3.35% | 3.64% | 3.46% | 4.30% | 3.43% | +8 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 | 8.57% | 7.66% | 6.95% | 14.58% | 15.49% | 15.00% | 14.21% | 14.71% | +12 bps | |
| Equity / Assets | 8.30% | 6.75% | 7.13% | 9.00% | 8.94% | 8.27% | 8.83% | 7.31% | -170 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 61.80% | 64.86% | 61.83% | 58.93% | 56.38% | 63.47% | 53.54% | 50.54% | -839 bps | |
| Liquid Assets / Assets | 2.24% | 2.81% | 2.75% | 2.95% | 0.55% | 0.54% | 0.58% | 3.91% | +95 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |