PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Traders National Bank, The

Tullahoma, TN · Cert 4970

FDIC · 5 branches

Q1 2015

$170.2MAssets
$105.8MLoans
$150.7MDeposits
$19.0MEquity
Loan mix
79%RE $80.1M16%C&I $15.8M5%Consumer $4.9MQ2 2013Q1 2015
Deposit mix
75%Interest-bearing $112.9M25%Noninterest $37.9MQ2 2013Q1 2015

Executive Summary

  • Earnings: ROA of -0.49%, down 150 bps year over year; NIM at 1.22%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.46%.
  • Capital: tier 1 leverage ratio of 8.61%.
  • Funding: loans stand at 70.18% of deposits as of Q1 2015.

Return on Assets (quarter, annualized)

-0.49%-150 bps YoY

Net Interest Margin (quarter, annualized)

1.22%-261 bps YoY

Efficiency Ratio (quarter, annualized)

69.86%-689 bps YoY

Tier 1 Leverage Ratio

8.61%
n/a

NIM

4.24%Q1 ’134.27%Q1 ’141.29%Q1 ’15+5%-68%

Non-interest income vs. expense

3.26%Q1 ’133.45%Q1 ’140.98%Q1 ’15+18%-72%

Discrete quarter, annualized.

MetricQ2 2013Q3 2013Q4 2013Q1 2014Q2 2014Q3 2014Q4 2014Q1 2015YoY ΔTrend
Earnings
Return on Assets0.86%1.39%1.28%1.01%1.65%0.92%1.31%-0.49%-150 bps
Return on Equity9.24%15.24%13.95%10.77%17.26%9.42%13.10%-4.60%-1,538 bps
Net Interest Margin3.95%3.85%4.17%3.83%3.98%4.02%4.04%1.22%-261 bps
Efficiency Ratio66.33%69.64%71.50%76.74%63.27%78.59%70.83%69.86%-689 bps
Non-Interest Burden2.32%2.40%2.77%2.79%2.27%3.01%2.69%0.78%-200 bps
Growth
Asset Growth (YoY)-2.93%0.58%-2.54%-1.25%3.33%-0.25%0.72%9.68%+1,093 bps
Loan Growth (YoY)-5.07%-3.08%-1.83%1.59%9.21%9.32%9.26%1.76%+17 bps
Deposit Growth (YoY)-2.42%1.75%-2.21%-1.25%2.73%-1.30%-0.23%7.56%+880 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.33%0.13%0.22%0.09%0.11%0.07%-0.01%0.46%+37 bps
Allowance / Loans1.77%1.74%1.68%1.61%1.50%1.48%1.48%0.48%-114 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a8.61%n/an/a
Total Risk-Based Capital16.22%16.30%16.84%16.06%15.98%16.01%15.80%12.79%-327 bps
Equity / Assets9.18%9.05%9.35%9.41%9.74%9.88%10.18%11.17%+176 bps
Liquidity & Funding
Loans / Deposits72.86%70.57%72.72%74.17%77.46%78.16%79.64%70.18%-400 bps
Liquid Assets / Assets0.84%0.82%0.84%0.22%0.22%0.22%0.23%12.01%+1,179 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a