PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Peachtree Bank, The

Duluth, GA · Cert 34559

FDIC

Q1 2008

$545.1MAssets
$419.6MLoans
$489.8MDeposits
$52.4MEquity
Loan mix
80%RE $262.0M20%C&I $64.2M0%Consumer $0.5MQ1 2007Q1 2008
Deposit mix
93%Interest-bearing $454.5M7%Noninterest $35.4MQ1 2007Q1 2008

NIM

7.30%Q1 ’068.05%Q1 ’072.40%Q1 ’08+0%-77%

Non-interest income vs. expense

1.93%Q1 ’061.71%Q1 ’070.67%Q1 ’08-8%-59%

Executive Summary

  • Earnings: ROA of 0.22%, down 138 bps year over year; NIM at 0.98%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 7.47%.
  • Funding: loans stand at 85.66% of deposits as of Q1 2008.

Financial Results

Return on Assets (YTD, annualized)

0.22%-138 bps YoY

Net Interest Margin (YTD, annualized)

0.98%-322 bps YoY

Efficiency Ratio (YTD, annualized)

65.20%+2,913 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2007Q2 2007Q3 2007Q4 2007Q1 2008YoY ΔTrend
Earnings
Return on Assets1.60%1.45%1.44%0.91%0.22%-138 bps
Return on Equity20.08%17.77%17.07%10.57%2.28%-1,780 bps
Net Interest Margin4.20%3.99%4.00%3.97%0.98%-322 bps
Efficiency Ratio36.07%35.53%37.03%40.48%65.20%+2,913 bps
Non-Interest Burden1.52%1.42%1.48%1.61%0.62%-90 bps
Growth
Asset Growth (YoY)22.79%16.83%3.38%-2.72%-14.02%-3,681 bps
Loan Growth (YoY)21.58%12.14%1.29%2.59%-14.21%-3,580 bps
Deposit Growth (YoY)22.91%16.17%1.91%-4.04%-14.89%-3,780 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.51%0.50%0.41%7.47%+747 bps
Allowance / Loans1.26%1.12%1.16%2.01%0.63%-62 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 Capital10.16%10.25%11.12%11.27%4.11%-605 bps
Equity / Assets8.09%8.52%9.29%9.56%9.61%+152 bps
Liquidity & Funding
Loans / Deposits84.99%90.31%88.63%94.84%85.66%+67 bps
Liquid Assets / Assets2.14%0.58%2.25%0.59%0.27%-186 bps
CRE / Total Capitaln/an/an/an/an/an/an/a