PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Century South Bank of Fannin County, N.A.

Blue Ridge, GA · Cert 4927

FDIC

Q3 2001

$88.6MAssets
$42.0MLoans
$79.6MDeposits
$8.4MEquity
Loan mix
86%RE $24.0M13%C&I $3.7M1%Consumer $0.3MQ3 2000Q3 2001
Deposit mix
90%Interest-bearing $71.9M10%Noninterest $7.7MQ3 2000Q3 2001

NIM

7.80%Q1 ’017.16%Q2 ’016.62%Q3 ’01-6%-1%

Non-interest income vs. expense

2.70%Q1 ’013.33%Q2 ’013.18%Q3 ’01+61%-24%

Executive Summary

  • Earnings: ROA of 0.74%, down 40 bps year over year; NIM at 3.51%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.15%.
  • Funding: loans stand at 52.80% of deposits as of Q3 2001.

Financial Results

Return on Assets (quarter, annualized)

0.74%-40 bps YoY

Net Interest Margin (quarter, annualized)

3.51%

Efficiency Ratio (quarter, annualized)

72.85%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2000Q4 2000Q1 2001Q2 2001Q3 2001YoY ΔTrend
Earnings
Return on Assets1.15%0.82%1.06%0.06%0.74%-40 bps
Return on Equityn/an/an/a0.69%7.94%n/a
Net Interest Marginn/an/a3.80%3.56%3.51%n/a
Efficiency Ration/an/a58.95%87.44%72.85%n/a
Non-Interest Burdenn/an/a1.92%3.08%2.33%n/a
Growth
Asset Growth (YoY)21.03%18.03%16.38%8.16%-5.83%-2,686 bps
Loan Growth (YoY)1.86%-3.47%-6.51%-14.49%-16.58%-1,845 bps
Deposit Growth (YoY)3.47%8.09%9.01%9.20%10.58%+711 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a0.83%0.50%0.15%n/a
Allowance / Loansn/an/a1.99%2.26%2.82%n/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 Capitaln/an/a16.13%16.55%18.56%n/a
Equity / Assetsn/an/a8.65%9.15%9.52%n/a
Liquidity & Funding
Loans / Deposits69.99%63.32%60.25%56.78%52.80%-1,719 bps
Liquid Assets / Assets0.00%0.00%12.65%0.18%0.17%+17 bps
CRE / Total Capitaln/an/an/an/an/an/an/a