Fayetteville, GA · Cert 35251
FDIC
Q1 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2009, the quarter ended March 31, 2009, 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.
Fayetteville, GA · Cert 35251
FDIC
Q1 2009
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 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.65% | 0.50% | -0.30% | -1.88% | -1.49% | -3.06% | -4.50% | -4.64% | -276 bps | |
| Return on Equity | 7.92% | 6.03% | -3.74% | -24.16% | -19.31% | -41.62% | -65.98% | -110.82% | -8,666 bps | |
| Net Interest Margin | 3.82% | 3.82% | 3.44% | 2.09% | 1.80% | 1.57% | 1.31% | 0.28% | -181 bps | |
| Efficiency Ratio | 65.52% | 66.49% | 72.62% | 121.04% | 141.74% | 157.25% | 281% | 865% | +74,380 bps | |
| Non-Interest Burden | 2.40% | 2.44% | 2.43% | 2.55% | 2.58% | 2.53% | 3.11% | 2.81% | +26 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.03% | 2.37% | 5.68% | -6.40% | -5.07% | 6.11% | -6.36% | 0.10% | +650 bps | |
| Loan Growth (YoY) | 11.00% | 3.77% | -0.83% | -12.87% | -17.02% | -18.50% | -17.42% | -15.76% | -289 bps | |
| Deposit Growth (YoY) | -4.11% | -9.89% | 2.79% | -8.29% | -3.17% | 17.88% | 0.81% | 8.00% | +1,629 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 | 0.12% | 0.19% | 0.52% | 6.92% | 4.47% | 3.28% | 3.11% | 12.52% | +560 bps | |
| Allowance / Loans | 1.25% | 1.53% | 2.74% | 2.22% | 2.31% | 2.75% | 4.11% | 2.19% | -3 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 | 10.70% | 10.98% | 9.96% | 9.93% | 10.04% | 9.85% | 7.43% | 6.13% | -381 bps | |
| Equity / Assets | 8.11% | 8.48% | 7.55% | 8.02% | 7.66% | 6.25% | 4.68% | 3.68% | -434 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 106.91% | 109.56% | 95.89% | 96.24% | 91.62% | 75.74% | 78.55% | 75.07% | -2,117 bps | |
| Liquid Assets / Assets | 0.34% | 0.81% | 0.86% | 1.21% | 1.24% | 1.72% | 1.97% | 3.13% | +192 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |