Carthage, TN · Cert 34368
FDIC
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, 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.
Carthage, TN · Cert 34368
FDIC
Q1 2005
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 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.25% | 1.21% | 1.13% | 0.95% | 0.88% | 0.95% | 0.73% | 1.01% | +7 bps | |
| Return on Equity | 14.22% | 13.74% | 12.83% | 11.17% | 10.65% | 11.68% | 9.15% | 13.91% | +274 bps | |
| Net Interest Margin | 4.14% | 4.15% | 4.04% | 4.22% | 4.00% | 4.11% | 3.83% | 4.11% | -11 bps | |
| Efficiency Ratio | 53.17% | 53.83% | 56.38% | 61.39% | 62.00% | 61.68% | 61.99% | 59.49% | -190 bps | |
| Non-Interest Burden | 1.74% | 1.76% | 1.83% | 2.17% | 2.10% | 2.13% | 2.02% | 2.09% | -8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.90% | 9.06% | 10.37% | 17.31% | 24.32% | 24.52% | 23.96% | 26.20% | +889 bps | |
| Loan Growth (YoY) | 14.75% | 11.71% | 15.41% | 24.22% | 25.71% | 28.05% | 22.46% | 19.78% | -444 bps | |
| Deposit Growth (YoY) | 9.45% | 8.83% | 10.08% | 18.10% | 22.13% | 24.32% | 26.02% | 25.24% | +713 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 | 0.27% | 0.33% | 0.38% | 0.51% | 0.40% | 0.38% | 0.44% | 0.32% | -19 bps | |
| Allowance / Loans | 1.31% | 1.37% | 1.28% | 1.22% | 1.23% | 1.24% | 1.60% | 1.54% | +32 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 | 13.35% | 13.37% | 13.04% | 12.47% | 12.02% | 12.20% | 12.13% | 11.77% | -70 bps | |
| Equity / Assets | 9.03% | 8.79% | 8.70% | 8.28% | 7.76% | 7.85% | 7.61% | 6.99% | -129 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.23% | 87.54% | 90.28% | 89.57% | 92.88% | 90.17% | 87.73% | 85.67% | -390 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 |