Sevierville, TN · Cert 34789
FDIC
Q1 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2013, the quarter ended March 31, 2013, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Sevierville, TN · Cert 34789
FDIC
Q1 2013
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -9.29% | -7.03% | -7.37% | 1.18%1 | 1.15% | 0.59% | -0.31% | -0.74% | -192 bps | |
| Return on Equity | -126.29% | -106.48% | -127.95% | 52.65% | 48.28% | 23.67% | -12.50% | -35.63% | -8,828 bps | |
| Net Interest Margin | 2.48% | 2.53% | 2.52% | 2.42% | 2.33% | 2.31% | 2.33% | 2.03% | -39 bps | |
| Efficiency Ratio | 239% | 166.13% | 150.70% | 91.21% | 79.63% | 91.22% | 98.44% | 126.30% | +3,509 bps | |
| Non-Interest Burden | 4.43% | 3.89% | 3.68% | 2.12% | 1.60% | 2.01% | 2.28% | 2.77% | +65 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -13.23% | -11.46% | -9.70% | -3.47% | -2.71% | -8.42% | -9.77% | -15.26% | -1,179 bps | |
| Loan Growth (YoY) | -13.07% | -14.69% | -16.67% | -14.15% | -15.72% | -19.12% | -14.38% | -17.01% | -287 bps | |
| Deposit Growth (YoY) | -7.24% | -6.15% | -3.89% | 3.40% | -0.41% | -7.95% | -9.64% | -15.91% | -1,931 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 9.13% | 7.39% | 9.10% | 0.55% | 0.49% | 1.01% | 2.08% | 0.30% | -26 bps | |
| Allowance / Loans | 4.12% | 4.44% | 4.78% | 4.60% | 4.88% | 4.74% | 4.58% | 4.61% | +1 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 7.69% | 7.06% | 4.35% | 4.77% | 5.36% | 5.17% | 4.06% | 3.90% | -87 bps | |
| Equity / Assets | 4.70% | 4.26% | 2.17% | 2.31% | 2.69% | 2.89% | 2.16% | 1.97% | -34 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.69% | 77.02% | 71.92% | 70.60% | 66.58% | 67.68% | 68.14% | 69.68% | -93 bps | |
| Liquid Assets / Assets | 3.06% | 4.21% | 6.36% | 8.61% | 11.03% | 7.92% | 6.19% | 6.45% | -216 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |