Duluth, GA · Cert 35409
FDIC
Q2 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2008, the quarter ended June 30, 2008, 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.
Duluth, GA · Cert 35409
FDIC
Q2 2008
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 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.13% | 0.93% | 1.30% | 1.20% | 1.11% | 1.05% | -0.67% | 0.01% | -119 bps | |
| Return on Equity | 6.07% | 5.02% | 7.29% | 6.83% | 6.47% | 6.22% | -4.28% | 0.06% | -677 bps | |
| Net Interest Margin | 3.68% | 3.64% | 3.81% | 3.64% | 3.43% | 3.16% | 1.93% | 0.58% | -306 bps | |
| Efficiency Ratio | 48.68% | 44.74% | 43.65% | 45.33% | 45.93% | 48.14% | 82.53% | 84.16% | +3,883 bps | |
| Non-Interest Burden | 1.75% | 1.59% | 1.68% | 1.66% | 1.58% | 1.52% | 1.63% | 0.59% | -107 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.38% | 6.55% | 12.07% | 11.44% | 17.88% | 20.09% | 15.71% | 0.07% | -1,137 bps | |
| Loan Growth (YoY) | 8.76% | 6.67% | 7.27% | 12.87% | 18.53% | 23.97% | 25.60% | 9.02% | -386 bps | |
| Deposit Growth (YoY) | 5.93% | 7.81% | 15.88% | 8.23% | 18.21% | 22.13% | 16.70% | 6.05% | -217 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 | 0.17% | 0.95% | 0.00% | 0.06% | 0.04% | 0.06% | 0.03% | -0.01% | -7 bps | |
| Allowance / Loans | 1.25% | 1.03% | 1.04% | 1.00% | 1.07% | 1.02% | 1.45% | 8.24% | +724 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 | 11.49% | 11.27% | 11.35% | 10.62% | 10.37% | 10.03% | 10.14% | 12.23% | +161 bps | |
| Equity / Assets | 18.56% | 18.13% | 17.51% | 17.05% | 16.27% | 15.72% | 15.67% | 19.36% | +231 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 102.05% | 101.61% | 98.49% | 104.65% | 102.33% | 103.14% | 106.01% | 107.58% | +292 bps | |
| Liquid Assets / Assets | 0.02% | 0.03% | 0.04% | 0.02% | 0.57% | 0.05% | 0.03% | 0.03% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |