Cornelia, GA · Cert 5702
FDIC
Q4 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2009, the quarter ended December 31, 2009, 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.
Cornelia, GA · Cert 5702
FDIC
Q4 2009
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 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.99% | 0.71% | 0.52% | -0.53% | -0.64% | -0.79% | -6.79% | -4.72% | -419 bps | |
| Return on Equity | 12.42% | 9.11% | 6.80% | -7.25% | -10.37% | -13.23% | -138.86% | -110.64% | -10,338 bps | |
| Net Interest Margin | 3.52% | 3.34% | 3.10% | 2.92% | 2.35% | 2.06% | 1.66% | 1.64% | -128 bps | |
| Efficiency Ratio | 67.86% | 69.58% | 73.31% | 80.47% | 106.38% | 107.39% | 111.57% | 123.83% | +4,336 bps | |
| Non-Interest Burden | 1.62% | 1.62% | 1.69% | 1.99% | 2.59% | 2.33% | 2.04% | 2.40% | +41 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 15.45% | 17.82% | 16.64% | 15.71% | 10.80% | 9.81% | 0.26% | -7.44% | -2,314 bps | |
| Loan Growth (YoY) | 25.00% | 24.36% | 20.69% | 16.28% | 6.06% | 0.41% | -7.30% | -11.80% | -2,808 bps | |
| Deposit Growth (YoY) | 17.34% | 16.94% | 19.15% | 7.88% | 9.36% | 11.05% | 2.43% | 2.75% | -513 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 | 0.18% | 0.30% | 0.45% | 1.49% | 0.39% | 0.87% | 6.02% | 4.68% | +319 bps | |
| Allowance / Loans | 1.50% | 1.64% | 1.67% | 2.09% | 2.35% | 2.39% | 4.08% | 4.05% | +196 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 | 10.97% | 10.58% | 10.46% | 9.17% | 9.13% | 8.79% | 3.05% | 3.68% | -549 bps | |
| Equity / Assets | 7.88% | 7.48% | 7.31% | 6.22% | 6.05% | 5.63% | 1.48% | 1.60% | -462 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.12% | 93.63% | 90.65% | 95.49% | 88.37% | 84.66% | 82.04% | 81.96% | -1,352 bps | |
| Liquid Assets / Assets | 1.41% | 0.71% | 0.75% | 0.64% | 2.86% | 5.48% | 4.69% | 8.88% | +824 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |