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First National Bank of Quitman, The

Quitman, TX · Cert 3402

FDIC · 13 branches

Q3 2022

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: Q3 2022, the quarter ended September 30, 2022, 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

First National Bank of Quitman, The

Quitman, TX · Cert 3402

FDIC · 13 branches

Q3 2022

$1.8BAssets
$1.2BLoans
$1.5BDeposits
$345.4MEquity
Loan mix
51%RE $585.6M48%C&I $559.3M1%Consumer $13.6MQ3 2021Q3 2022
Deposit mix
74%Interest-bearing $1.1B26%Noninterest $0.4BQ3 2021Q3 2022

NIM

3.70%Q3 ’203.21%Q3 ’210.99%Q3 ’22+0%-65%

Non-interest income vs. expense

1.17%Q3 ’201.19%Q3 ’210.45%Q3 ’22+4%-60%

Market Position · Dallas-Fort Worth-Arlington, TX · 2022 SOD (annual) · 0.1% share · #53 of 169 inst. · $0.6B of $861.9B

30.7% Wood
0.1% Dallas
7.2% Gregg
2.9% Smith

Executive Summary

  • Earnings: ROA of -0.26%, down 141 bps year over year; NIM at 0.99%.
  • Asset quality: problem loans at 0.66% of loans (-357 bps YoY), with net charge-offs at 0.73%.
  • Capital: tier 1 leverage ratio of 11.96%, down 85 bps from a year ago.
  • Funding: loans stand at 85.52% of deposits as of Q3 2022.

Financial Results

Return on Assets (YTD, annualized)

-0.26%-141 bps YoY

Net Interest Margin (YTD, annualized)

0.99%-181 bps YoY

Efficiency Ratio (YTD, annualized)

46.65%+682 bps YoY

Tier 1 Leverage Ratio

11.96%-85 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets1.15%1.28%1.64%1.73%-0.26%-141 bps
Return on Equity8.79%9.88%13.02%13.92%-1.83%-1,062 bps
Net Interest Margin2.81%2.88%3.16%3.27%0.99%-181 bps
Efficiency Ratio39.84%38.79%37.85%37.30%46.65%+682 bps
Non-Interest Burden1.01%1.00%1.08%1.10%0.41%-60 bps
Growth
Asset Growth (YoY)2.46%0.79%-6.27%-4.44%-7.71%-1,017 bps
Loan Growth (YoY)-6.73%-4.18%-4.67%-6.15%-0.33%+640 bps
Deposit Growth (YoY)2.36%1.01%-7.16%-4.04%-14.19%-1,656 bps
Asset Quality
Nonperforming Loans / Loans4.23%1.73%0.41%0.40%0.66%-357 bps
Net Charge-Offs / Loans0.83%0.94%0.53%0.24%0.73%-10 bps
Allowance / Loans1.56%1.24%1.15%1.16%1.64%+9 bps
Allowance Coverage of NPLs0.4x0.7x2.8x2.9x2.5x+2.1x
Capital
Tier 1 Leverage Ratio12.80%12.23%12.70%13.10%11.96%-85 bps
Total Risk-Based Capital12.80%12.23%12.70%13.10%15.93%+312 bps
Equity / Assets13.54%12.66%12.49%12.23%18.96%+543 bps
Liquidity & Funding
Loans / Deposits73.63%72.32%74.31%77.11%85.52%+1,189 bps
Liquid Assets / Assets16.14%12.31%9.21%5.57%3.35%-1,279 bps
CRE / Total Capitaln/an/an/an/an/an/an/a