Memphis, TN · Cert 4978
FDIC
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, 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.
Memphis, TN · Cert 4978
FDIC
Q1 2005
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 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.32% | 1.39% | 1.42% | 1.55% | 1.55% | 1.43% | 0.30% | 1.17% | -39 bps | |
| Return on Equity | 10.37% | 10.96% | 11.30% | 12.62% | 12.79% | 11.80% | 1.97% | 4.52% | -809 bps | |
| Net Interest Margin | 3.29% | 3.24% | 3.29% | 3.34% | 3.29% | 3.27% | 0.69% | 2.85% | -50 bps | |
| Efficiency Ratio | 52.31% | 52.05% | 50.57% | 46.97% | 46.23% | 48.13% | 49.31% | 43.56% | -341 bps | |
| Non-Interest Burden | 1.20% | 1.02% | 1.01% | 1.01% | 0.88% | 0.99% | 0.25% | 0.95% | -6 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.18% | 9.11% | 6.86% | 5.53% | 5.05% | 5.66% | 24.83% | 22.11% | +1,657 bps | |
| Loan Growth (YoY) | 3.40% | 3.87% | 2.47% | 11.34% | 12.39% | 11.28% | 12.87% | 8.10% | -324 bps | |
| Deposit Growth (YoY) | 9.21% | 7.25% | 7.16% | 5.48% | 4.49% | 2.92% | -0.47% | -2.37% | -786 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 | 0.26% | 0.27% | 0.31% | 0.27% | 0.23% | 0.35% | 0.10% | 0.33% | +6 bps | |
| Allowance / Loans | 1.29% | 1.29% | 1.28% | 1.26% | 1.22% | 1.18% | 1.14% | 1.13% | -13 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 | 11.09% | 11.22% | 11.13% | 10.91% | 10.92% | 11.20% | 10.91% | 11.06% | +15 bps | |
| Equity / Assets | 12.39% | 12.36% | 12.32% | 12.33% | 11.75% | 12.15% | 25.73% | 25.88% | +1,355 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 83.36% | 85.57% | 85.07% | 86.53% | 89.67% | 92.52% | 96.47% | 95.81% | +928 bps | |
| Liquid Assets / Assets | 6.29% | 6.30% | 6.22% | 5.85% | 4.72% | 4.53% | 0.03% | 0.00% | -585 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |