Jackson, GA · Cert 34301
FDIC
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 2008, 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.
Jackson, GA · Cert 34301
FDIC
Q3 2008
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 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.25% | 1.13% | 0.92% | 0.48% | -4.01% | -0.13% | -1.86% | -1.47% | -195 bps | |
| Return on Equity | 14.60% | 13.46% | 10.86% | 5.71% | -51.64% | -2.77% | -37.29% | -27.94% | -3,365 bps | |
| Net Interest Margin | 4.04% | 3.81% | 3.72% | 3.53% | 3.22% | 1.49% | 1.09% | 1.06% | -247 bps | |
| Efficiency Ratio | 54.23% | 57.62% | 61.18% | 66.89% | 78.41% | 104.46% | 149.70% | 141.23% | +7,433 bps | |
| Non-Interest Burden | 2.03% | 2.04% | 2.13% | 2.23% | 2.44% | 1.62% | 2.09% | 2.01% | -22 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 18.20% | 25.14% | 12.46% | 6.50% | -3.79% | -6.39% | -14.29% | -16.36% | -2,286 bps | |
| Loan Growth (YoY) | 18.64% | 21.79% | 13.49% | 1.56% | -9.08% | -15.45% | -23.34% | -19.99% | -2,155 bps | |
| Deposit Growth (YoY) | 20.65% | 28.66% | 13.26% | 6.40% | 0.20% | -2.41% | -11.23% | -15.46% | -2,185 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 | -0.02% | 0.02% | 0.61% | 0.55% | 0.88% | 5.19% | 6.92% | 4.92% | +436 bps | |
| Allowance / Loans | 1.29% | 1.29% | 1.08% | 1.52% | 8.09% | 7.42% | 6.72% | 6.51% | +499 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 | 11.23% | 11.53% | 11.39% | 11.61% | 7.00% | 7.04% | 7.77% | 8.88% | -273 bps | |
| Equity / Assets | 8.35% | 8.45% | 8.61% | 8.48% | 4.73% | 4.91% | 5.33% | 6.13% | -235 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 93.94% | 91.57% | 92.94% | 87.47% | 85.24% | 79.34% | 80.26% | 82.78% | -469 bps | |
| Liquid Assets / Assets | 0.43% | 0.38% | 0.71% | 0.79% | 1.06% | 1.69% | 3.14% | 3.28% | +249 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |