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First Piedmont Bank

Winder, GA · Cert 34594

FDIC

Q2 2009

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2009, the quarter ended June 30, 2009, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First Piedmont Bank

Winder, GA · Cert 34594

FDIC

Q2 2009

$114.1MAssets
$70.8MLoans
$108.5MDeposits
$3.1MEquity
Deposit mix
95%Interest-bearing $102.9M5%Noninterest $5.6MQ2 2008Q2 2009

NIM

7.95%Q2 ’075.59%Q2 ’083.51%Q2 ’09-56%-89%

Non-interest income vs. expense

3.05%Q2 ’072.96%Q2 ’082.98%Q2 ’09+3%+107%

Executive Summary

  • Earnings: ROA of -4.68%, down 389 bps year over year; NIM at 0.19%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 3.85%.
  • Funding: loans stand at 65.22% of deposits as of Q2 2009.

Financial Results

Return on Assets (YTD, annualized)

-4.68%-389 bps YoY

Net Interest Margin (YTD, annualized)

0.19%-157 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets-0.79%-3.57%-4.81%-2.20%-4.68%-389 bps
Return on Equity-8.77%-42.64%-62.32%-48.36%-117.55%-10,878 bps
Net Interest Margin1.76%1.53%1.14%-0.17%0.19%-157 bps
Efficiency Ratio161.92%n/a716%n/an/an/a
Non-Interest Burden2.89%4.83%3.51%4.32%5.98%+309 bps
Growth
Asset Growth (YoY)-1.29%0.39%-5.12%-6.54%-13.95%-1,266 bps
Loan Growth (YoY)-6.02%-14.36%-20.38%-26.13%-25.63%-1,962 bps
Deposit Growth (YoY)1.22%4.39%-0.50%-1.45%-8.36%-958 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.71%1.18%4.72%2.89%3.85%+215 bps
Allowance / Loans1.51%2.45%2.31%2.57%1.62%+12 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 Capital11.28%9.06%6.90%6.26%4.51%-677 bps
Equity / Assets8.65%6.56%4.91%4.20%2.73%-592 bps
Liquidity & Funding
Loans / Deposits80.36%76.29%73.22%63.32%65.22%-1,515 bps
Liquid Assets / Assets0.01%0.02%0.00%0.03%0.01%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a