PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Peoples Bank of West Georgia

Carrollton, GA · Cert 34298

FDIC

Q3 2002

$122.5MAssets
$101.5MLoans
$97.0MDeposits
$16.3MEquity
Deposit mix
93%Interest-bearing $90.4M7%Noninterest $6.6MQ3 2001Q3 2002

NIM

8.82%Q1 ’018.69%Q3 ’016.05%Q3 ’02+12%-14%

Non-interest income vs. expense

2.96%Q1 ’013.21%Q3 ’012.01%Q3 ’02+8%-40%

Executive Summary

  • Earnings: ROA of 1.40%, up 75 bps year over year; NIM at 4.02%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
  • Funding: loans stand at 104.60% of deposits as of Q3 2002.

Financial Results

Return on Assets (quarter, annualized)

1.40%+75 bps YoY

Net Interest Margin (quarter, annualized)

4.02%-63 bps YoY

Efficiency Ratio (quarter, annualized)

45.79%-1,690 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets0.65%-4.99%1.57%1.57%1.40%+75 bps
Return on Equity7.34%-47.58%12.91%12.62%10.87%+353 bps
Net Interest Margin4.66%-6.99%4.40%4.26%4.02%-63 bps
Efficiency Ratio62.69%245%44.23%43.61%45.79%-1,690 bps
Non-Interest Burden2.75%1.37%1.72%1.64%1.65%-110 bps
Growth
Asset Growth (YoY)27.20%53.14%60.60%70.34%53.62%+2,642 bps
Loan Growth (YoY)38.13%51.75%66.89%82.81%68.60%+3,048 bps
Deposit Growth (YoY)24.20%51.20%57.87%63.70%52.08%+2,789 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.16%-0.60%0.01%0.04%0.07%-9 bps
Allowance / Loans1.30%1.43%1.31%1.17%1.16%-14 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital12.61%10.09%10.59%10.41%10.93%-168 bps
Equity / Assets8.74%11.86%12.45%12.49%13.34%+460 bps
Liquidity & Funding
Loans / Deposits94.35%89.60%90.55%97.91%104.60%+1,025 bps
Liquid Assets / Assets0.19%0.08%0.02%2.41%0.00%-19 bps
CRE / Total Capitaln/an/an/an/an/an/an/a