PackageTrendsPeer
Letter portraitLegal landscape

First Alliance Bank

Cordova, TN · Cert 35245

FDIC · 4 branches

Q3 2019

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2019, the quarter ended September 30, 2019, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First Alliance Bank

Cordova, TN · Cert 35245

FDIC · 4 branches

Q3 2019

$141.7MAssets
$118.5MLoans
$123.0MDeposits
$14.8MEquity
Loan mix
55%RE $53.2M43%C&I $41.4M2%Consumer $2.1MQ3 2018Q3 2019
Deposit mix
72%Interest-bearing $88.5M28%Noninterest $34.5MQ3 2018Q3 2019

NIM

4.38%Q3 ’174.64%Q3 ’185.07%Q3 ’19+5%+2%

Non-interest income vs. expense

3.67%Q3 ’173.96%Q3 ’183.84%Q3 ’19+6%-2%

Market Position · Memphis, TN-MS-AR · 2019 SOD (annual) · 0.4% share · #35 of 54 inst. · $0.1B of $31.9B

0.4% Shelby
1.8% Fayette

Executive Summary

  • Earnings: ROA of 0.60%, up 11 bps year over year; NIM at 4.24%.
  • Asset quality: problem loans at 0.00% of loans (-152 bps YoY), with net recoveries of 0.08%.
  • Capital: tier 1 leverage ratio of 10.15%, up 48 bps from a year ago.
  • Funding: loans stand at 96.37% of deposits as of Q3 2019.

Financial Results

Return on Assets (YTD, annualized)

0.60%+11 bps YoY

Net Interest Margin (YTD, annualized)

4.24%+10 bps YoY

Efficiency Ratio (YTD, annualized)

82.69%-397 bps YoY

Tier 1 Leverage Ratio

10.15%+48 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2018Q4 2018Q1 2019Q2 2019Q3 2019YoY ΔTrend
Earnings
Return on Assets0.49%0.93%0.58%0.60%0.60%+11 bps
Return on Equity4.74%8.98%5.59%5.79%5.75%+101 bps
Net Interest Margin4.14%4.28%4.40%4.29%4.24%+10 bps
Efficiency Ratio86.66%76.45%82.45%82.42%82.69%-397 bps
Non-Interest Burden3.51%3.10%3.54%3.46%3.43%-9 bps
Growth
Asset Growth (YoY)2.50%6.62%4.61%5.03%4.91%+241 bps
Loan Growth (YoY)8.48%8.66%7.00%6.73%7.43%-105 bps
Deposit Growth (YoY)2.61%6.67%3.58%3.93%3.72%+110 bps
Asset Quality
Nonperforming Loans / Loans1.52%0.19%0.18%0.00%0.00%-152 bps
Net Charge-Offs / Loans0.16%0.08%-0.18%-0.10%-0.08%-24 bps
Allowance / Loans0.87%0.90%0.94%0.95%0.93%+6 bps
Allowance Coverage of NPLs0.6x4.8x5.3xn/an/an/a
Capital
Tier 1 Leverage Ratio9.67%10.41%10.28%10.15%10.15%+48 bps
Total Risk-Based Capital12.15%13.29%12.49%13.03%12.66%+51 bps
Equity / Assets10.22%10.40%10.30%10.34%10.42%+20 bps
Liquidity & Funding
Loans / Deposits93.05%92.12%95.62%94.28%96.37%+333 bps
Liquid Assets / Assets3.55%5.64%2.92%4.37%3.08%-47 bps
CRE / Total Capitaln/an/an/an/an/an/an/a