Stockbridge, GA · Cert 34285
FDIC
Q3 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2004, the quarter ended September 30, 2004, 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.
Stockbridge, GA · Cert 34285
FDIC
Q3 2004
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 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.49% | 0.16% | 0.00% | -0.07% | -0.09% | -0.19% | 0.10% | -0.10% | -3 bps | |
| Return on Equity | 4.97% | 1.67% | 0.00% | -0.67% | -0.91% | -1.99% | 1.13% | -1.05% | -38 bps | |
| Net Interest Margin | 4.05% | 3.62% | 3.68% | 3.78% | 3.71% | 3.84% | 3.60% | 3.73% | -5 bps | |
| Efficiency Ratio | 75.63% | 92.14% | 98.20% | 99.10% | 99.80% | 103.13% | 94.38% | 100.47% | +137 bps | |
| Non-Interest Burden | 3.01% | 3.29% | 3.60% | 3.74% | 3.70% | 3.97% | 3.36% | 3.75% | +1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.01% | 3.32% | 2.03% | 4.95% | -2.32% | 5.32% | 8.30% | 9.62% | +466 bps | |
| Loan Growth (YoY) | -6.37% | -8.70% | -6.80% | -1.60% | 5.52% | 16.43% | 16.65% | 12.07% | +1,367 bps | |
| Deposit Growth (YoY) | 14.46% | 8.45% | 5.37% | 3.04% | -1.88% | 6.35% | 9.49% | 13.78% | +1,074 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% | 0.02% | 0.86% | 0.53% | 0.50% | -1.51% | -0.74% | -0.47% | -100 bps | |
| Allowance / Loans | 1.82% | 1.89% | 1.44% | 1.32% | 1.22% | 1.53% | 1.51% | 1.44% | +12 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 | 12.98% | 13.59% | 12.98% | 12.51% | 12.33% | 12.32% | 12.41% | 11.81% | -70 bps | |
| Equity / Assets | 9.60% | 9.94% | 10.12% | 9.43% | 9.56% | 9.21% | 9.10% | 8.61% | -82 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 76.37% | 75.59% | 78.51% | 83.36% | 82.14% | 82.76% | 83.65% | 82.10% | -125 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |