PackageTrendsPeer
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Bankfirst

Knoxville, TN · Cert 4950

FDIC

Q2 2001

$793.0MAssets
$514.8MLoans
$548.3MDeposits
$102.1MEquity
Loan mix
66%RE $143.3M33%C&I $71.3M2%Consumer $3.4MQ2 2000Q2 2001
Deposit mix
83%Interest-bearing $456.6M17%Noninterest $91.7MQ2 2000Q2 2001

NIM

7.36%Q1 ’016.71%Q2 ’01-10%

Non-interest income vs. expense

3.73%Q1 ’014.37%Q2 ’01+50%

Executive Summary

  • Earnings: ROA of -0.24%, down 128 bps year over year; NIM at 3.31%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.16%.
  • Funding: loans stand at 93.89% of deposits as of Q2 2001.

Financial Results

Return on Assets (quarter, annualized)

-0.24%-128 bps YoY

Net Interest Margin (quarter, annualized)

3.31%

Efficiency Ratio (quarter, annualized)

102.22%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2000Q3 2000Q4 2000Q1 2001Q2 2001YoY ΔTrend
Earnings
Return on Assets1.05%1.03%0.00%0.64%-0.24%-128 bps
Return on Equityn/an/an/an/a-1.77%n/an/a
Net Interest Marginn/an/an/a3.68%3.31%n/a
Efficiency Ration/an/an/a72.63%102.22%n/a
Non-Interest Burdenn/an/an/a2.27%3.41%n/a
Growth
Asset Growth (YoY)11.22%9.13%14.37%14.61%22.52%+1,130 bps
Loan Growth (YoY)8.38%5.99%1.88%0.58%6.74%-164 bps
Deposit Growth (YoY)6.56%4.48%5.92%0.59%9.80%+324 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/a-0.70%0.16%n/a
Allowance / Loansn/an/an/a2.17%1.98%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/an/a10.51%9.93%n/a
Equity / Assetsn/an/an/a13.88%12.88%n/a
Liquidity & Funding
Loans / Deposits96.59%96.40%93.60%93.36%93.89%-270 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