PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Community Bank of Smith County

Carthage, TN · Cert 34368

FDIC

Q1 2005

$90.6MAssets
$69.3MLoans
$80.9MDeposits
$6.3MEquity
Loan mix
81%RE $32.8M17%C&I $7.0M2%Consumer $0.9MQ2 2003Q1 2005
Deposit mix
93%Interest-bearing $75.4M7%Noninterest $5.4MQ2 2003Q1 2005

Executive Summary

  • Earnings: ROA of 1.01%, up 7 bps year over year; NIM at 4.11%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.32%.
  • Funding: loans stand at 85.67% of deposits as of Q1 2005.

Return on Assets (quarter, annualized)

1.01%+7 bps YoY

Net Interest Margin (quarter, annualized)

4.11%-11 bps YoY

Efficiency Ratio (quarter, annualized)

59.49%-190 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

6.69%Q1 ’036.35%Q1 ’046.50%Q1 ’050%-3%

Non-interest income vs. expense

2.73%Q1 ’033.27%Q1 ’042.96%Q1 ’05+15%-4%

Discrete quarter, annualized.

MetricQ2 2003Q3 2003Q4 2003Q1 2004Q2 2004Q3 2004Q4 2004Q1 2005YoY ΔTrend
Earnings
Return on Assets1.32%1.13%0.90%0.95%0.81%1.08%0.14%1.01%+7 bps
Return on Equity14.89%12.73%10.25%11.17%10.06%13.79%1.80%13.91%+274 bps
Net Interest Margin4.17%4.31%4.21%4.22%4.17%4.34%4.12%4.11%-11 bps
Efficiency Ratio52.66%55.06%63.50%61.39%62.58%61.09%62.86%59.49%-190 bps
Non-Interest Burden1.66%1.86%2.26%2.17%2.23%2.21%2.27%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 / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.36%0.47%0.60%0.51%0.33%0.36%0.66%0.32%-19 bps
Allowance / Loans1.31%1.37%1.28%1.22%1.23%1.24%1.60%1.54%+32 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital13.35%13.37%13.04%12.47%12.02%12.20%12.13%11.77%-70 bps
Equity / Assets9.03%8.79%8.70%8.28%7.76%7.85%7.61%6.99%-129 bps
Liquidity & Funding
Loans / Deposits90.23%87.54%90.28%89.57%92.88%90.17%87.73%85.67%-390 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a