Alpharetta, GA · Cert 35469
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.
Alpharetta, GA · Cert 35469
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 | 1.43% | 1.27% | 1.16% | -4.72% | -2.95% | -3.72% | -3.18% | -5.72% | -100 bps | |
| Return on Equity | 13.92% | 12.54% | 12.22% | -55.87% | -37.23% | -49.82% | -59.26% | -123.06% | -6,719 bps | |
| Net Interest Margin | 4.12% | 3.78% | 3.81% | 2.92% | 2.70% | 2.39% | -0.23% | -0.72% | -365 bps | |
| Efficiency Ratio | 42.06% | 44.11% | 43.46% | 51.45% | 52.19% | 61.14% | n/a | n/a | n/a | |
| Non-Interest Burden | 1.67% | 1.60% | 1.59% | 1.44% | 1.35% | 1.42% | 2.70% | 2.23% | +78 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 53.65% | 49.16% | 37.48% | 29.89% | 27.94% | 7.99% | -0.39% | -10.69% | -4,058 bps | |
| Loan Growth (YoY) | 47.78% | 44.46% | 29.34% | 26.00% | 16.37% | -0.32% | -10.62% | -17.24% | -4,324 bps | |
| Deposit Growth (YoY) | 38.48% | 38.00% | 20.09% | 22.58% | 32.46% | 7.46% | 11.02% | -3.55% | -2,613 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 | -0.01% | -0.01% | 0.00% | 6.79% | 4.68% | 5.14% | 0.08% | 0.81% | -598 bps | |
| Allowance / Loans | 0.93% | 1.04% | 1.09% | 2.38% | 2.58% | 4.10% | 4.85% | 4.30% | +192 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 | 11.25% | 12.35% | 12.21% | 9.68% | 10.10% | 9.00% | 8.10% | 7.06% | -262 bps | |
| Equity / Assets | 10.33% | 9.64% | 9.35% | 6.48% | 6.45% | 5.66% | 5.05% | 3.10% | -338 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 105.13% | 101.16% | 107.33% | 102.89% | 92.35% | 93.84% | 86.41% | 88.29% | -1,460 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.04% | 0.02% | 0.01% | 5.92% | 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 |