Johnson City, TN · Cert 34137
FDIC
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
Johnson City, TN · Cert 34137
FDIC
Q1 2014
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 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.27% | 0.27% | 0.28% | 0.34% | 0.41% | 0.42% | 0.42% | 0.50% | +17 bps | |
| Return on Equity | 2.60% | 2.55% | 2.63% | 3.00% | 3.66% | 3.72% | 3.73% | 4.34% | +134 bps | |
| Net Interest Margin | 3.31% | 3.36% | 3.41% | 3.23% | 3.28% | 3.29% | 3.31% | 3.27% | +4 bps | |
| Efficiency Ratio | 75.26% | 77.04% | 77.63% | 80.51% | 79.92% | 79.85% | 80.08% | 77.21% | -330 bps | |
| Non-Interest Burden | 2.51% | 2.61% | 2.67% | 2.59% | 2.63% | 2.63% | 2.65% | 2.51% | -8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -6.83% | -7.71% | -2.06% | -5.27% | -3.83% | -1.74% | -4.22% | 0.11% | +537 bps | |
| Loan Growth (YoY) | -15.01% | -16.01% | -11.21% | -8.84% | -0.51% | -0.22% | 3.64% | 9.00% | +1,784 bps | |
| Deposit Growth (YoY) | -6.62% | -8.18% | -2.84% | -6.48% | -5.64% | -2.72% | -7.47% | -5.34% | +114 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 | 3.79% | 2.76% | 2.16% | 0.29% | 0.15% | 0.38% | 0.58% | 0.06% | -23 bps | |
| Allowance / Loans | 1.78% | 1.80% | 1.77% | 1.78% | 1.73% | 1.56% | 1.19% | 1.13% | -65 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 | 13.42% | 14.00% | 14.10% | 14.31% | 14.18% | 14.47% | 14.42% | 14.29% | -2 bps | |
| Equity / Assets | 10.75% | 11.20% | 11.00% | 11.36% | 11.33% | 11.51% | 11.60% | 11.60% | +24 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 77.42% | 78.34% | 76.81% | 78.21% | 81.63% | 80.36% | 86.03% | 90.06% | +1,185 bps | |
| Liquid Assets / Assets | 10.24% | 8.55% | 7.12% | 5.57% | 3.10% | 2.59% | 1.62% | 1.64% | -393 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |