PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Decatur First Bank

Decatur, GA · Cert 34392

FDIC

Q3 2011

$184.8MAssets
$95.8MLoans
$172.0MDeposits
$1.6MEquity
Loan mix
87%RE $70.2M10%C&I $8.2M3%Consumer $2.5MQ3 2010Q3 2011
Deposit mix
88%Interest-bearing $150.7M12%Noninterest $21.3MQ3 2010Q3 2011

NIM

4.26%Q3 ’093.77%Q3 ’103.87%Q3 ’11+11%+32%

Non-interest income vs. expense

2.68%Q3 ’098.59%Q3 ’104.23%Q3 ’11+98%-25%

Executive Summary

  • Earnings: ROA of -1.54%, up 25 bps year over year; NIM at 2.65%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.87%.
  • Funding: loans stand at 55.68% of deposits as of Q3 2011.

Financial Results

Return on Assets (quarter, annualized)

-1.54%+25 bps YoY

Net Interest Margin (quarter, annualized)

2.65%+64 bps YoY

Efficiency Ratio (quarter, annualized)

122.91%-1,977 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2010Q4 2010Q1 2011Q2 2011Q3 2011YoY ΔTrend
Earnings
Return on Assets-1.79%-3.07%-0.84%-8.21%-1.54%+25 bps
Return on Equity-62.98%-126.90%-40.16%-549%-179.48%-11,651 bps
Net Interest Margin2.01%2.34%2.33%2.51%2.65%+64 bps
Efficiency Ratio142.68%367%128.10%357%122.91%-1,977 bps
Non-Interest Burden4.58%4.59%3.06%6.58%3.44%-114 bps
Growth
Asset Growth (YoY)-12.78%-15.63%-17.59%-17.39%-12.27%+51 bps
Loan Growth (YoY)-19.10%-19.23%-19.35%-20.62%-20.21%-111 bps
Deposit Growth (YoY)-8.30%-12.51%-15.03%-14.45%-9.89%-159 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans3.39%2.72%1.11%7.28%1.87%-152 bps
Allowance / Loans2.76%2.60%2.55%2.96%3.19%+42 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 Capital5.00%4.59%4.80%2.44%1.38%-362 bps
Equity / Assets2.77%2.04%2.12%0.85%0.87%-190 bps
Liquidity & Funding
Loans / Deposits62.88%64.60%60.35%57.67%55.68%-721 bps
Liquid Assets / Assets16.70%12.70%14.36%11.85%12.07%-463 bps
CRE / Total Capitaln/an/an/an/an/an/an/a