PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Century South Bank of Polk County

Copperhill, TN · Cert 33903

FDIC

Q3 2001

$92.0MAssets
$73.1MLoans
$77.7MDeposits
$9.2MEquity
Loan mix
93%RE $44.0M7%C&I $3.4M0%Consumer $0.0MQ3 2000Q3 2001
Deposit mix
90%Interest-bearing $69.7M10%Noninterest $8.0MQ3 2000Q3 2001

NIM

9.77%Q1 ’018.98%Q2 ’018.91%Q3 ’01-9%+8%

Non-interest income vs. expense

3.50%Q1 ’014.06%Q2 ’013.23%Q3 ’01+55%-39%

Executive Summary

  • Earnings: ROA of 1.76%, up 28 bps year over year; NIM at 5.17%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.67%.
  • Funding: loans stand at 94.08% of deposits as of Q3 2001.

Financial Results

Return on Assets (quarter, annualized)

1.76%+28 bps YoY

Net Interest Margin (quarter, annualized)

5.17%

Efficiency Ratio (quarter, annualized)

54.13%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2000Q4 2000Q1 2001Q2 2001Q3 2001YoY ΔTrend
Earnings
Return on Assets1.48%1.04%1.50%-0.33%1.76%+28 bps
Return on Equityn/an/an/a-3.47%18.10%n/a
Net Interest Marginn/an/a5.24%4.79%5.17%n/a
Efficiency Ration/an/a56.60%83.07%54.13%n/a
Non-Interest Burdenn/an/a2.56%3.97%2.43%n/a
Growth
Asset Growth (YoY)1.77%-4.01%-4.81%-1.42%-5.00%-678 bps
Loan Growth (YoY)2.75%-0.10%-1.66%-1.62%-7.14%-989 bps
Deposit Growth (YoY)-3.51%-7.40%-3.78%-2.17%-4.50%-99 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a0.80%0.56%0.67%n/a
Allowance / Loansn/an/a2.19%2.49%2.51%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/an/a14.94%15.81%17.00%n/a
Equity / Assetsn/an/a9.54%9.48%9.96%n/a
Liquidity & Funding
Loans / Deposits96.75%94.75%93.66%94.73%94.08%-267 bps
Liquid Assets / Assets0.00%0.00%2.61%0.03%0.03%+3 bps
CRE / Total Capitaln/an/an/an/an/an/an/a