Statesboro, GA · Cert 5707
FDIC
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 2010, 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.
Statesboro, GA · Cert 5707
FDIC
Q1 2010
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 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.33% | 0.45% | 0.32% | -0.92% | -1.57% | -1.60% | -2.76% | -2.41% | -149 bps | |
| Return on Equity | 3.88% | 5.33% | 3.75% | -10.61% | -18.51% | -19.14% | -32.95% | -29.10% | -1,850 bps | |
| Net Interest Margin | 3.42% | 3.24% | 3.01% | 2.95% | 3.12% | 3.16% | 3.23% | 3.48% | +53 bps | |
| Efficiency Ratio | 54.82% | 55.67% | 57.09% | 97.45% | 81.20% | 77.82% | 75.75% | 116.07% | +1,862 bps | |
| Non-Interest Burden | 1.62% | 1.58% | 1.51% | 2.88% | 2.59% | 2.52% | 2.49% | 3.83% | +95 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.29% | 17.00% | 11.87% | 5.29% | 2.85% | 3.00% | -0.51% | 2.50% | -279 bps | |
| Loan Growth (YoY) | 18.30% | 17.16% | 9.10% | 5.81% | 4.17% | -1.24% | -4.04% | -8.45% | -1,426 bps | |
| Deposit Growth (YoY) | 5.19% | 25.38% | 15.54% | 15.11% | 13.38% | 4.30% | -0.27% | 2.39% | -1,272 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 | 0.05% | 0.35% | 0.84% | 2.73% | 2.44% | 2.81% | 4.71% | 3.32% | +60 bps | |
| Allowance / Loans | 1.89% | 1.71% | 1.56% | 1.36% | 2.06% | 2.31% | 1.87% | 1.90% | +54 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 | 10.05% | 10.25% | 10.51% | 10.43% | 10.20% | 10.54% | 11.10% | 11.31% | +88 bps | |
| Equity / Assets | 8.31% | 8.46% | 8.61% | 8.69% | 8.14% | 8.06% | 8.39% | 8.17% | -52 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 118.85% | 107.15% | 102.92% | 106.48% | 109.19% | 101.45% | 99.03% | 95.21% | -1,127 bps | |
| Liquid Assets / Assets | 0.01% | 0.01% | 0.01% | 0.01% | 0.43% | 0.90% | 0.00% | 0.01% | -1 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |