Watkinsville, GA · Cert 35242
FDIC
Q4 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2010, the quarter ended December 31, 2010, 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.
Watkinsville, GA · Cert 35242
FDIC
Q4 2010
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 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.54% | -4.36% | -3.25% | -2.71% | -1.00% | -3.62% | -3.73% | -4.52% | -181 bps | |
| Return on Equity | -7.59% | -69.45% | -54.75% | -47.94% | -22.19% | -87.85% | -101.37% | -147.12% | -9,918 bps | |
| Net Interest Margin | 1.42% | 0.75% | 0.67% | 0.59% | 0.87% | 1.03% | 1.14% | 1.20% | +60 bps | |
| Efficiency Ratio | 129.82% | 236% | 256% | 283% | 180.82% | 209% | 210% | 243% | -3,971 bps | |
| Non-Interest Burden | 1.92% | 2.10% | 2.07% | 2.11% | 2.07% | 2.66% | 2.80% | 3.24% | +113 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 20.77% | 14.30% | 6.92% | 1.50% | -11.60% | -14.08% | -9.49% | -15.46% | -1,695 bps | |
| Loan Growth (YoY) | 5.81% | 0.70% | -5.59% | -8.98% | -13.94% | -17.01% | -16.05% | -21.93% | -1,295 bps | |
| Deposit Growth (YoY) | 24.26% | 23.71% | 13.99% | 5.87% | -10.56% | -10.32% | -3.64% | -7.05% | -1,292 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 | 0.18% | 2.52% | 2.12% | 2.75% | 1.03% | 5.38% | 4.49% | 6.20% | +345 bps | |
| Allowance / Loans | 1.42% | 3.14% | 2.97% | 2.10% | 1.94% | 1.29% | 1.71% | 1.17% | -93 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 | 10.05% | 7.34% | 7.41% | 7.93% | 7.82% | 5.85% | 4.48% | 1.66% | -627 bps | |
| Equity / Assets | 6.65% | 4.76% | 4.86% | 4.55% | 4.49% | 3.27% | 2.29% | 0.35% | -420 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.83% | 86.57% | 88.25% | 84.47% | 85.47% | 80.11% | 76.88% | 70.94% | -1,352 bps | |
| Liquid Assets / Assets | 1.74% | 3.55% | 3.64% | 3.61% | 5.24% | 1.69% | 1.68% | 1.15% | -246 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |