PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

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

5.80%Q3 ’025.29%Q3 ’035.46%Q3 ’04+15%+27%

Non-interest income vs. expense

3.06%Q3 ’022.95%Q3 ’032.93%Q3 ’04-10%+10%

Executive Summary

  • Earnings: ROA of 0.94%, up 4 bps year over year; NIM at 3.83%.
  • 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 (quarter, annualized)

0.94%+4 bps YoY

Net Interest Margin (quarter, annualized)

3.83%+81 bps YoY

Efficiency Ratio (quarter, annualized)

60.92%-1,414 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets0.90%0.72%0.58%0.02%0.94%+4 bps
Return on Equity12.20%9.68%7.90%0.20%8.48%-371 bps
Net Interest Margin3.02%3.24%3.21%-1.56%3.83%+81 bps
Efficiency Ratio75.06%76.60%72.58%46.91%60.92%-1,414 bps
Non-Interest Burden2.04%2.35%2.14%-1.43%2.25%+21 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 / Loans0.06%0.00%0.18%-0.18%0.00%-6 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