PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Home Town Bank of Villa Rica

Villa Rica, GA · Cert 34391

FDIC

Q2 2008

$224.5MAssets
$101.9MLoans
$184.5MDeposits
$35.6MEquity
Loan mix
95%RE $77.6M5%C&I $3.8M0%Consumer $0.1MQ2 2007Q2 2008
Deposit mix
95%Interest-bearing $176.2M5%Noninterest $8.3MQ2 2007Q2 2008

NIM

7.27%Q2 ’066.31%Q2 ’07-3.55%Q2 ’08-41%-154%

Non-interest income vs. expense

2.17%Q2 ’062.16%Q2 ’07-1.10%Q2 ’08+34%-144%

Executive Summary

  • Earnings: ROA of 2.76%, up 300 bps year over year; NIM at -1.19%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 9.13%.
  • Funding: loans stand at 55.20% of deposits as of Q2 2008.

Financial Results

Return on Assets (quarter, annualized)

2.76%+300 bps YoY

Net Interest Margin (quarter, annualized)

-1.19%-339 bps YoY

Efficiency Ratio (quarter, annualized)

n/a

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets-0.23%-4.22%-2.94%-4.14%2.76%+300 bps
Return on Equity-2.25%-40.33%-28.17%-38.55%20.69%+2,294 bps
Net Interest Margin2.20%1.56%1.44%0.71%-1.19%-339 bps
Efficiency Ratio103.32%169.83%164.10%332%n/an/a
Non-Interest Burden2.30%2.59%2.40%2.55%-1.00%-330 bps
Growth
Asset Growth (YoY)0.33%-9.51%-12.36%-20.33%-13.60%-1,392 bps
Loan Growth (YoY)-9.18%-18.45%-27.14%-35.92%-47.69%-3,850 bps
Deposit Growth (YoY)1.82%-8.63%-14.46%-16.34%-15.28%-1,710 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.09%3.50%15.61%6.50%-9.13%-1,122 bps
Allowance / Loans4.29%5.80%4.01%4.92%21.79%+1,750 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 Capital10.95%10.04%10.59%10.57%10.25%-70 bps
Equity / Assets10.68%10.26%10.65%10.82%15.85%+518 bps
Liquidity & Funding
Loans / Deposits89.40%87.68%82.97%74.72%55.20%-3,419 bps
Liquid Assets / Assets1.53%3.86%4.06%0.71%0.03%-150 bps
CRE / Total Capitaln/an/an/an/an/an/an/a