McDonough, GA · Cert 57017
FDIC
Q4 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2008, the quarter ended December 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.
McDonough, GA · Cert 57017
FDIC
Q4 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 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.80% | 0.86% | 0.61% | -0.28% | -0.48% | -3.08% | -3.77% | -6.83% | -654 bps | |
| Return on Equity | 8.25% | 9.07% | 6.55% | -3.07% | -6.04% | -41.36% | -52.78% | -107.48% | -10,441 bps | |
| Net Interest Margin | 3.54% | 3.41% | 3.16% | 2.71% | 1.79% | 1.46% | 1.38% | 1.25% | -145 bps | |
| Efficiency Ratio | 56.67% | 54.66% | 56.41% | 64.04% | 102.47% | 104.98% | 148.10% | 174.90% | +11,086 bps | |
| Non-Interest Burden | 1.92% | 1.78% | 1.71% | 1.67% | 1.84% | 1.54% | 2.08% | 2.29% | +62 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 22.26% | 23.70% | 26.92% | 24.69% | 41.63% | 26.88% | 7.32% | -8.09% | -3,278 bps | |
| Loan Growth (YoY) | 35.53% | 28.30% | 26.43% | 22.09% | 11.01% | 2.79% | -8.98% | -14.76% | -3,684 bps | |
| Deposit Growth (YoY) | 26.92% | 23.84% | 25.95% | 23.94% | 41.17% | 30.90% | 13.15% | 0.47% | -2,347 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 | 0.01% | 0.01% | 0.03% | 0.13% | 3.02% | 4.08% | 4.69% | 4.16% | +403 bps | |
| Allowance / Loans | 1.13% | 1.17% | 1.47% | 2.78% | 2.39% | 3.24% | 3.56% | 9.02% | +624 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 | 12.18% | 12.02% | 11.87% | 11.68% | 11.13% | 9.69% | 9.22% | 4.46% | -722 bps | |
| Equity / Assets | 9.33% | 9.23% | 8.93% | 8.86% | 7.34% | 6.31% | 6.14% | 2.58% | -629 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.59% | 95.89% | 94.56% | 92.40% | 71.23% | 75.30% | 76.07% | 78.39% | -1,400 bps | |
| Liquid Assets / Assets | 0.56% | 0.36% | 0.40% | 0.23% | 0.94% | 3.20% | 2.24% | 1.84% | +162 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |