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Wewahitchka State Bank

Wewahitchka, FL · Cert 5668

FDIC

Q4 2011

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2011, the quarter ended December 31, 2011, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Wewahitchka State Bank

Wewahitchka, FL · Cert 5668

FDIC

Q4 2011

$653.1MAssets
$492.9MLoans
$532.5MDeposits
$111.2MEquity
Loan mix
86%RE $359.7M13%C&I $52.5M1%Consumer $4.1MQ4 2010Q4 2011
Deposit mix
85%Interest-bearing $452.6M15%Noninterest $79.9MQ4 2010Q4 2011

NIM

4.79%Q4 ’094.53%Q4 ’104.57%Q4 ’11+16%+16%

Non-interest income vs. expense

3.19%Q4 ’093.84%Q4 ’104.57%Q4 ’11+34%-4%

Executive Summary

  • Earnings: ROA of -3.07%, up 224 bps year over year; NIM at 3.92%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 15.41%.
  • Funding: loans stand at 92.56% of deposits as of Q4 2011.

Financial Results

Return on Assets (YTD, annualized)

-3.07%+224 bps YoY

Net Interest Margin (YTD, annualized)

3.92%+53 bps YoY

Efficiency Ratio (YTD, annualized)

100.42%-3,464 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2010Q1 2011Q2 2011Q3 2011Q4 2011YoY ΔTrend
Earnings
Return on Assets-5.31%-3.46%-2.86%-2.61%-3.07%+224 bps
Return on Equity-40.10%-24.65%-19.46%-17.00%-19.65%+2,045 bps
Net Interest Margin3.38%3.38%3.68%3.79%3.92%+53 bps
Efficiency Ratio135.06%126.83%118.42%102.42%100.42%-3,464 bps
Non-Interest Burden4.57%4.38%4.57%4.19%4.37%-20 bps
Growth
Asset Growth (YoY)-11.70%-10.64%-14.44%-17.37%-17.64%-594 bps
Loan Growth (YoY)-5.38%-7.07%-15.87%-15.82%-23.06%-1,768 bps
Deposit Growth (YoY)-8.04%-13.16%-13.64%-16.75%-15.91%-787 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans5.71%3.23%13.20%12.13%15.41%+970 bps
Allowance / Loans10.76%11.56%8.36%7.55%4.84%-592 bps
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 Capital13.12%13.54%20.77%22.35%24.72%+1,160 bps
Equity / Assets13.86%14.24%16.12%17.46%17.02%+316 bps
Liquidity & Funding
Loans / Deposits101.15%105.02%97.21%101.27%92.56%-859 bps
Liquid Assets / Assets5.46%4.43%4.33%4.15%0.01%-545 bps
CRE / Total Capitaln/an/an/an/an/an/an/a