Folkston, GA · Cert 34152
FDIC
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 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.
Folkston, GA · Cert 34152
FDIC
Q1 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 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.40% | 0.35% | -0.80% | 0.19%1 | -0.28% | -3.02% | -6.49% | -2.17% | -235 bps | |
| Return on Equity | 4.02% | 3.54% | -8.13% | 2.03% | -3.14% | -37.92% | -94.45% | -103.62% | -10,566 bps | |
| Net Interest Margin | 2.76% | 2.81% | 2.72% | 2.32% | 1.97% | 1.63% | 1.44% | 1.11% | -122 bps | |
| Efficiency Ratio | 75.58% | 77.49% | 80.89% | 97.54% | 110.10% | 130.43% | 190.79% | 245% | +14,762 bps | |
| Non-Interest Burden | 2.03% | 2.12% | 2.16% | 2.26% | 2.19% | 2.18% | 2.89% | 2.96% | +70 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.60% | 9.61% | -1.33% | 3.18% | 11.42% | 17.38% | 1.67% | -9.73% | -1,291 bps | |
| Loan Growth (YoY) | 10.23% | 7.99% | 5.02% | 3.29% | -1.08% | -4.73% | -8.92% | -17.29% | -2,058 bps | |
| Deposit Growth (YoY) | 14.37% | 8.95% | -2.65% | 5.23% | 14.65% | 24.92% | 10.75% | -2.64% | -787 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 | 0.00% | 0.01% | 0.17% | 0.33% | 1.35% | 5.24% | 6.67% | 2.12% | +179 bps | |
| Allowance / Loans | 1.30% | 1.34% | 3.43% | 3.37% | 3.14% | 3.01% | 4.90% | 4.89% | +152 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 | 14.86% | 13.80% | 12.83% | 12.33% | 12.64% | 10.29% | 4.63% | 3.87% | -846 bps | |
| Equity / Assets | 9.72% | 10.09% | 9.45% | 8.92% | 7.99% | 5.81% | 2.24% | 1.93% | -699 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 92.38% | 92.95% | 93.07% | 90.68% | 79.71% | 70.88% | 76.55% | 77.04% | -1,364 bps | |
| Liquid Assets / Assets | 0.14% | 0.13% | 0.12% | 0.18% | 7.90% | 18.33% | 12.29% | 11.43% | +1,125 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |