PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Pointpathbank, N.A.

Columbus, GA · Cert 35389

FDIC

Q3 2004

$6.2MAssets
n/aLoans
$500KDeposits
$5.7MEquity
Deposit mix
100%Interest-bearing $500K0%Noninterest $0KQ3 2003Q3 2004

NIM

1.40%Q3 ’021.58%Q3 ’031.34%Q3 ’04+7%-16%

Non-interest income vs. expense

13.86%Q3 ’0213.53%Q3 ’0313.45%Q3 ’04-98%-368%

Executive Summary

  • Earnings: ROA of 1.16%, up 44 bps year over year; NIM at 1.20%.
  • Funding: loans stand at 0.00% of deposits as of Q3 2004.

Financial Results

Return on Assets (quarter, annualized)

1.16%+44 bps YoY

Net Interest Margin (quarter, annualized)

1.20%-24 bps YoY

Efficiency Ratio (quarter, annualized)

87.39%-466 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets0.72%1.69%1.23%0.97%1.16%+44 bps
Return on Equity0.78%1.84%1.34%1.05%1.26%+48 bps
Net Interest Margin1.44%0.75%1.09%0.73%1.20%-24 bps
Efficiency Ratio92.06%82.28%86.75%88.79%87.39%-466 bps
Non-Interest Burden0.27%-2.12%-1.02%-0.93%-0.74%-101 bps
Growth
Asset Growth (YoY)2.31%7.82%9.60%1.14%1.27%-104 bps
Loan Growth (YoY)n/an/an/an/an/an/a
Deposit Growth (YoY)1624%n/an/a0.00%0.00%-162,414 bps
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital258%271%331%340%347%+8,964 bps
Equity / Assets91.87%91.91%91.93%91.95%91.97%+10 bps
Liquidity & Funding
Loans / Deposits0.00%0.00%0.00%0.00%0.00%0 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a