PackageTrendsPeer
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Chattahoochee National Bank

Alpharetta, GA · Cert 34718

FDIC

Q3 2004

$166.4MAssets
$103.8MLoans
$113.6MDeposits
$19.1MEquity
Loan mix
43%RE $18.9M57%C&I $24.7M0%Consumer $0.0MQ3 2003Q3 2004
Deposit mix
86%Interest-bearing $97.9M14%Noninterest $15.7MQ3 2003Q3 2004

NIM

5.84%Q3 ’024.93%Q3 ’032.48%Q3 ’040%-34%

Non-interest income vs. expense

3.07%Q3 ’022.90%Q3 ’031.23%Q3 ’04-16%-51%

Executive Summary

  • Earnings: ROA of 0.52%, down 11 bps year over year; NIM at 1.76%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 91.40% of deposits as of Q3 2004.

Financial Results

Return on Assets (YTD, annualized)

0.52%-11 bps YoY

Net Interest Margin (YTD, annualized)

1.76%-92 bps YoY

Efficiency Ratio (YTD, annualized)

56.17%-2,318 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets0.63%0.66%0.58%0.29%0.52%-11 bps
Return on Equity8.19%8.59%7.90%3.39%5.57%-262 bps
Net Interest Margin2.68%2.76%3.21%0.77%1.76%-92 bps
Efficiency Ratio79.35%78.62%72.58%42.90%56.17%-2,318 bps
Non-Interest Burden1.93%1.99%2.14%0.31%0.95%-98 bps
Growth
Asset Growth (YoY)27.10%18.37%27.96%21.82%16.90%-1,020 bps
Loan Growth (YoY)33.14%9.37%23.63%18.40%13.68%-1,946 bps
Deposit Growth (YoY)10.78%13.30%33.10%19.71%25.26%+1,448 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.14%0.10%0.18%0.00%0.00%-14 bps
Allowance / Loans1.07%1.07%0.97%1.35%1.39%+32 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 Capital10.96%11.04%10.51%8.99%10.39%-57 bps
Equity / Assets7.33%7.47%7.33%10.72%11.49%+416 bps
Liquidity & Funding
Loans / Deposits100.71%97.72%90.25%90.28%91.40%-931 bps
Liquid Assets / Assets3.70%3.34%4.99%0.80%0.99%-270 bps
CRE / Total Capitaln/an/an/an/an/an/an/a