PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Peoples Bank of Franklin County

Bude, MS · Cert 34763

FDIC

Q3 2013

$83.6MAssets
$51.4MLoans
$74.5MDeposits
$6.8MEquity
Loan mix
69%RE $35.3M12%C&I $5.8M19%Consumer $9.7MQ3 2012Q3 2013
Deposit mix
92%Interest-bearing $68.3M8%Noninterest $6.2MQ3 2012Q3 2013

NIM

5.89%Q3 ’115.89%Q3 ’125.35%Q3 ’13+8%-6%

Non-interest income vs. expense

4.98%Q3 ’115.41%Q3 ’125.79%Q3 ’130%-36%

Executive Summary

  • Earnings: ROA of 0.92%, up 54 bps year over year; NIM at 4.60%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.04%.
  • Funding: loans stand at 68.95% of deposits as of Q3 2013.

Financial Results

Return on Assets (YTD, annualized)

0.92%+54 bps YoY

Net Interest Margin (YTD, annualized)

4.60%-31 bps YoY

Efficiency Ratio (YTD, annualized)

76.79%-1,557 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.39%0.22%0.38%1.16%0.92%+54 bps
Return on Equity4.36%2.44%4.39%13.39%10.85%+650 bps
Net Interest Margin4.91%4.95%4.87%4.78%4.60%-31 bps
Efficiency Ratio92.36%92.63%83.94%75.46%76.79%-1,557 bps
Non-Interest Burden4.46%4.51%3.94%2.65%2.85%-161 bps
Growth
Asset Growth (YoY)0.30%1.32%4.06%2.43%4.23%+394 bps
Loan Growth (YoY)11.48%6.64%6.28%-2.08%-9.54%-2,102 bps
Deposit Growth (YoY)0.55%3.17%5.06%4.17%7.04%+649 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.22%-0.10%0.00%0.09%-0.04%+18 bps
Allowance / Loans1.11%1.09%1.17%1.36%1.64%+53 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 Capital13.39%13.56%13.26%14.66%15.22%+182 bps
Equity / Assets8.95%8.92%8.54%8.43%8.17%-77 bps
Liquidity & Funding
Loans / Deposits81.59%81.63%79.40%73.77%68.95%-1,264 bps
Liquid Assets / Assets0.00%0.00%0.30%0.91%0.97%+97 bps
CRE / Total Capitaln/an/an/an/an/an/an/a