Murfreesboro, TN · Cert 34246
FDIC
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, 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.
Murfreesboro, TN · Cert 34246
FDIC
Q3 2003
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 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.36% | 0.25% | 0.47% | 0.53% | 0.53% | 0.14% | 0.24% | 0.17% | -36 bps | |
| Return on Equity | n/a | 2.84% | 5.34% | 6.19% | 6.13% | 1.62% | 2.79% | 2.03% | -416 bps | |
| Net Interest Margin | 3.27% | 3.27% | 3.53% | 3.52% | 3.31% | 3.06% | 3.21% | 3.01% | -51 bps | |
| Efficiency Ratio | 81.97% | 86.59% | 76.24% | 73.67% | 73.88% | 77.88% | 78.25% | 83.37% | +970 bps | |
| Non-Interest Burden | 2.57% | 2.74% | 2.53% | 2.39% | 2.25% | 2.20% | 2.33% | 2.38% | -2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.98% | 7.68% | 6.23% | 13.09% | 11.84% | 1.90% | 6.98% | 4.27% | -882 bps | |
| Loan Growth (YoY) | 4.76% | 3.39% | 19.28% | 22.32% | 5.06% | 3.88% | -8.74% | -10.79% | -3,311 bps | |
| Deposit Growth (YoY) | 5.29% | 8.33% | 6.66% | 13.96% | 12.41% | 1.63% | 7.33% | 4.69% | -927 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 | 0.01% | 0.52% | 0.55% | 0.29% | 0.31% | 0.10% | 0.74% | 0.92% | +62 bps | |
| Allowance / Loans | 1.37% | 1.26% | 1.07% | 1.25% | 1.33% | 1.52% | 1.32% | 1.12% | -13 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 | 12.56% | 12.24% | 11.56% | 11.93% | 12.42% | 12.27% | 12.42% | 12.44% | +51 bps | |
| Equity / Assets | 8.99% | 8.40% | 8.75% | 8.49% | 8.56% | 8.74% | 8.55% | 8.25% | -24 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 84.18% | 78.53% | 89.71% | 83.35% | 78.68% | 80.26% | 76.27% | 71.03% | -1,233 bps | |
| Liquid Assets / Assets | 10.66% | 7.65% | 6.43% | 2.61% | 1.72% | 1.76% | 1.71% | 0.83% | -178 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |