PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Peoples Bank of Coffee County, The

Elba, AL · Cert 33985

FDIC

Q2 2008

$206.1MAssets
$131.3MLoans
$173.8MDeposits
$18.6MEquity
Loan mix
72%RE $79.1M28%C&I $30.5M0%Consumer $0.0MQ2 2007Q2 2008
Deposit mix
90%Interest-bearing $156.5M10%Noninterest $17.3MQ2 2007Q2 2008

NIM

6.06%Q2 ’067.02%Q2 ’076.11%Q2 ’08+1%-14%

Non-interest income vs. expense

2.26%Q2 ’061.90%Q2 ’071.61%Q2 ’08-14%-25%

Executive Summary

  • Earnings: ROA of 0.86%, up 3 bps year over year; NIM at 2.79%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.01%.
  • Funding: loans stand at 75.55% of deposits as of Q2 2008.

Financial Results

Return on Assets (quarter, annualized)

0.86%+3 bps YoY

Net Interest Margin (quarter, annualized)

2.79%-44 bps YoY

Efficiency Ratio (quarter, annualized)

48.44%-303 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets0.82%0.95%0.73%0.78%0.86%+3 bps
Return on Equity9.39%10.91%8.09%8.57%9.54%+15 bps
Net Interest Margin3.23%3.11%3.07%2.84%2.79%-44 bps
Efficiency Ratio51.47%46.86%50.57%51.78%48.44%-303 bps
Non-Interest Burden1.44%1.19%1.32%1.25%1.08%-36 bps
Growth
Asset Growth (YoY)47.09%35.40%19.73%9.33%2.36%-4,473 bps
Loan Growth (YoY)44.63%29.54%17.21%9.85%0.57%-4,406 bps
Deposit Growth (YoY)47.02%31.87%17.30%8.98%1.85%-4,517 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.02%2.55%0.20%0.46%0.01%+3 bps
Allowance / Loans2.01%1.62%1.77%1.90%2.11%+11 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 Capital11.43%11.85%11.97%12.06%12.34%+91 bps
Equity / Assets8.53%8.84%9.22%8.89%9.04%+51 bps
Liquidity & Funding
Loans / Deposits76.52%78.48%81.26%74.00%75.55%-96 bps
Liquid Assets / Assets0.44%0.44%0.46%0.43%0.06%-38 bps
CRE / Total Capitaln/an/an/an/an/an/an/a