Gordon, GA · Cert 33904
FDIC
Q3 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2010, the quarter ended September 30, 2010, 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.
Gordon, GA · Cert 33904
FDIC
Q3 2010
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 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -8.24% | -3.44% | -2.50% | -1.69% | -3.50% | -0.49% | -8.48% | -7.30% | -562 bps | |
| Return on Equity | -61.67% | -40.31% | -30.16% | -20.54% | -44.38% | -7.80% | -170.45% | -181.24% | -16,070 bps | |
| Net Interest Margin | 3.20% | 1.15% | 1.52% | 1.80% | 1.86% | 2.30% | 2.14% | 2.13% | +33 bps | |
| Efficiency Ratio | 123.49% | 248% | 194.82% | 173.36% | 318% | 113.87% | n/a | n/a | n/a | |
| Non-Interest Burden | 4.18% | 4.60% | 4.05% | 3.93% | 5.61% | 2.80% | 8.32% | 7.29% | +337 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -10.91% | -13.68% | -12.69% | -4.60% | -12.48% | -10.38% | -15.76% | -13.87% | -927 bps | |
| Loan Growth (YoY) | -11.89% | -18.95% | -20.96% | -23.11% | -30.55% | -18.12% | -21.87% | -27.72% | -460 bps | |
| Deposit Growth (YoY) | -5.28% | -6.85% | -5.10% | -2.60% | -9.10% | -8.79% | -11.38% | -7.77% | -517 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 | 0.24% | 6.10% | 5.54% | 3.82% | 7.73% | 0.11% | 6.33% | 7.26% | +344 bps | |
| Allowance / Loans | 7.68% | 7.35% | 6.36% | 6.61% | 5.30% | 5.16% | 4.57% | 4.55% | -206 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 | 12.72% | 12.51% | 12.10% | 13.28% | 10.13% | 9.92% | 3.35% | -0.28% | -1,356 bps | |
| Equity / Assets | 9.03% | 8.06% | 7.78% | 8.00% | 6.43% | 6.08% | 2.28% | 1.06% | -694 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 83.94% | 69.85% | 68.49% | 68.28% | 64.13% | 62.70% | 60.39% | 53.52% | -1,477 bps | |
| Liquid Assets / Assets | 17.42% | 12.50% | 29.04% | 34.95% | 28.47% | 32.02% | 35.58% | 36.61% | +166 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |