Germantown, TN · Cert 35132
FDIC
Q4 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2004, the quarter ended December 31, 2004, 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.
Germantown, TN · Cert 35132
FDIC
Q4 2004
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 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.47% | 0.51% | 0.57% | 0.60% | 0.79% | 0.40% | 0.24% | 0.29% | -32 bps | |
| Return on Equity | 6.22% | 6.79% | 7.39% | 7.75% | 9.65% | 4.81% | 1.94% | 1.98% | -577 bps | |
| Net Interest Margin | 3.22% | 3.13% | 3.19% | 3.32% | 3.45% | 3.46% | 1.12% | 1.74% | -158 bps | |
| Efficiency Ratio | 73.81% | 73.14% | 68.94% | 70.31% | 69.51% | 71.41% | 61.47% | 66.85% | -346 bps | |
| Non-Interest Burden | 2.30% | 2.20% | 2.09% | 2.23% | 2.31% | 2.38% | 0.79% | 1.32% | -91 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 21.19% | 19.96% | 5.64% | 7.89% | 3.65% | -2.70% | 26.69% | 19.25% | +1,135 bps | |
| Loan Growth (YoY) | 19.56% | 13.22% | 8.96% | 6.06% | 5.11% | 3.61% | 2.09% | 5.39% | -68 bps | |
| Deposit Growth (YoY) | 17.97% | 18.58% | 8.56% | 7.38% | 3.35% | -4.65% | 2.74% | -2.86% | -1,024 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 | -0.11% | 0.01% | 0.04% | 0.07% | -0.08% | -0.04% | 0.07% | 0.06% | -1 bps | |
| Allowance / Loans | 1.30% | 1.27% | 1.40% | 1.39% | 1.32% | 1.58% | 1.55% | 1.52% | +13 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 | 9.84% | 9.75% | 10.61% | 10.95% | 10.91% | 10.54% | 10.84% | 10.18% | -77 bps | |
| Equity / Assets | 7.52% | 7.32% | 8.38% | 8.04% | 8.31% | 8.31% | 22.51% | 22.63% | +1,459 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 92.65% | 89.06% | 94.48% | 93.22% | 94.23% | 96.77% | 93.88% | 101.13% | +791 bps | |
| Liquid Assets / Assets | 0.02% | 0.15% | 0.08% | 0.10% | 0.08% | 0.03% | 0.18% | 0.15% | +5 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |