Fairfield, TX · Cert 5541
FDIC
Q1 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2008, the quarter ended March 31, 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.
Fairfield, TX · Cert 5541
FDIC
Q1 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 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.25% | 1.33% | 1.30% | 1.16% | 1.17% | 1.18% | 1.24% | 1.67% | +50 bps | |
| Return on Equity | 12.52% | 13.13% | 12.67% | 11.19% | 11.06% | 10.91% | 11.32% | 14.19% | +300 bps | |
| Net Interest Margin | 3.85% | 3.87% | 3.91% | 3.64% | 3.66% | 3.83% | 3.85% | 3.68% | +4 bps | |
| Efficiency Ratio | 65.57% | 63.08% | 65.12% | 65.04% | 64.88% | 70.76% | 67.54% | 56.25% | -878 bps | |
| Non-Interest Burden | 2.21% | 2.09% | 2.22% | 2.08% | 2.06% | 2.43% | 2.29% | 1.51% | -57 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.02% | 1.43% | 6.17% | 5.87% | 0.05% | -0.65% | 0.27% | -6.79% | -1,265 bps | |
| Loan Growth (YoY) | 13.54% | 14.73% | 15.71% | 11.84% | 9.09% | 6.50% | 5.48% | 7.18% | -465 bps | |
| Deposit Growth (YoY) | -1.18% | 1.72% | 5.93% | 5.39% | -1.19% | 2.02% | -1.81% | -8.84% | -1,423 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 | -0.11% | -0.07% | -0.08% | 0.02% | 0.01% | 0.10% | 0.10% | 0.25% | +23 bps | |
| Allowance / Loans | 2.85% | 2.73% | 2.41% | 2.39% | 2.37% | 1.85% | 1.79% | 1.69% | -70 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 | 21.08% | 21.01% | 20.90% | 19.84% | 20.41% | 20.84% | 21.27% | 19.58% | -27 bps | |
| Equity / Assets | 9.77% | 10.56% | 10.81% | 10.03% | 10.83% | 11.51% | 11.78% | 11.69% | +167 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 50.56% | 55.73% | 54.37% | 51.44% | 55.82% | 58.18% | 58.40% | 60.48% | +904 bps | |
| Liquid Assets / Assets | 0.55% | 0.42% | 0.42% | 0.07% | 0.08% | 0.07% | 0.09% | 0.07% | 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 |