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Greater Rome Bank

Rome, GA · Cert 34138

FDIC · 4 branches

Q3 2023

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 2023, the quarter ended September 30, 2023, 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

Greater Rome Bank

Rome, GA · Cert 34138

FDIC · 4 branches

Q3 2023

$322.3MAssets
$239.8MLoans
$266.9MDeposits
$23.1MEquity
Loan mix
71%RE $133.4M25%C&I $47.3M4%Consumer $8.5MQ3 2022Q3 2023
Deposit mix
77%Interest-bearing $206.6M23%Noninterest $60.3MQ3 2022Q3 2023

NIM

3.67%Q3 ’213.94%Q3 ’224.99%Q3 ’23+13%+3%

Non-interest income vs. expense

3.08%Q3 ’213.16%Q3 ’224.94%Q3 ’23+27%+81%

Market Position · Rome, GA · 2023 SOD (annual) · 10.1% share · #4 of 9 inst. · $0.2B of $2.3B

10.1% Floyd
4.3% Gordon
0.3% Bartow

Executive Summary

  • Earnings: ROA of -1.04%, down 219 bps year over year; NIM at 3.94%.
  • Asset quality: problem loans at 0.39% of loans (+35 bps YoY), with net charge-offs at 0.09%.
  • Capital: tier 1 leverage ratio of 7.83%, down 268 bps from a year ago.
  • Funding: loans stand at 89.83% of deposits as of Q3 2023.

Financial Results

Return on Assets (YTD, annualized)

-1.04%-219 bps YoY

Net Interest Margin (YTD, annualized)

3.94%+12 bps YoY

Efficiency Ratio (YTD, annualized)

106.37%+3,830 bps YoY

Tier 1 Leverage Ratio

7.83%-268 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2022Q4 2022Q1 2023Q2 2023Q3 2023YoY ΔTrend
Earnings
Return on Assets1.15%1.12%0.90%0.94%-1.04%-219 bps
Return on Equity12.15%11.65%8.63%9.49%-11.30%-2,345 bps
Net Interest Margin3.82%4.17%4.55%4.30%3.94%+12 bps
Efficiency Ratio68.06%69.76%77.10%74.19%106.37%+3,830 bps
Non-Interest Burden2.34%2.67%3.35%3.04%4.24%+190 bps
Growth
Asset Growth (YoY)0.88%-7.05%-9.19%9.61%0.09%-79 bps
Loan Growth (YoY)2.98%8.22%8.10%5.37%12.79%+981 bps
Deposit Growth (YoY)4.56%-9.33%-18.69%-3.84%-7.24%-1,180 bps
Asset Quality
Nonperforming Loans / Loans0.04%0.03%0.10%0.06%0.39%+35 bps
Net Charge-Offs / Loans0.02%0.03%0.03%0.13%0.09%+6 bps
Allowance / Loans1.52%1.50%1.44%1.32%1.99%+47 bps
Allowance Coverage of NPLs36.8x58.2x13.9x21.0x5.1x-31.7x
Capital
Tier 1 Leverage Ratio10.51%11.43%11.45%11.51%7.83%-268 bps
Total Risk-Based Capital15.24%15.69%15.01%15.12%11.56%-368 bps
Equity / Assets9.48%10.41%10.39%8.99%7.15%-232 bps
Liquidity & Funding
Loans / Deposits73.88%81.90%90.64%82.58%89.83%+1,595 bps
Liquid Assets / Assets6.33%0.31%0.48%14.99%6.01%-33 bps
CRE / Total Capitaln/an/an/an/an/an/an/a