PackageTrendsPeer
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Southbank, N.A.

Woodstock, GA · Cert 57105

FDIC

Q2 2009

$184.2MAssets
$151.3MLoans
$182.4MDeposits
$-5375KEquity
Loan mix
93%RE $134.8M7%C&I $10.5M0%Consumer $0.3MQ2 2008Q2 2009
Deposit mix
99%Interest-bearing $180.2M1%Noninterest $2.2MQ2 2008Q2 2009

NIM

7.54%Q2 ’075.17%Q2 ’083.31%Q2 ’09-51%-121%

Non-interest income vs. expense

2.15%Q2 ’0733.28%Q2 ’082.56%Q2 ’09+1315%-90%

Executive Summary

  • Earnings: ROA of -20.37%, up 1,206 bps year over year; NIM at -0.35%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.69%.
  • Funding: loans stand at 82.93% of deposits as of Q2 2009.

Financial Results

Return on Assets (quarter, annualized)

-20.37%+1,206 bps YoY

Net Interest Margin (quarter, annualized)

-0.35%-202 bps YoY

Efficiency Ratio (quarter, annualized)

n/a

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets-32.43%-5.54%-12.47%-8.27%-20.37%+1,206 bps
Return on Equity-270%-75.26%-226%-257%22439%+2,270,840 bps
Net Interest Margin1.67%0.72%0.23%-0.46%-0.35%-202 bps
Efficiency Ratio157.85%419%1471%n/an/an/a
Non-Interest Burden33.50%2.47%3.67%3.98%3.44%-3,006 bps
Growth
Asset Growth (YoY)-2.41%13.88%7.13%2.47%-14.39%-1,199 bps
Loan Growth (YoY)2.10%1.47%-6.56%-7.17%-13.92%-1,602 bps
Deposit Growth (YoY)14.43%32.43%24.88%16.52%-5.53%-1,996 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.99%2.52%8.36%7.15%1.69%-30 bps
Allowance / Loans1.48%3.23%3.35%3.11%8.38%+689 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 Capital10.10%10.19%6.63%4.00%-3.60%-1,371 bps
Equity / Assets7.90%6.87%4.15%2.23%-2.92%-1,082 bps
Liquidity & Funding
Loans / Deposits91.01%77.62%73.53%75.20%82.93%-808 bps
Liquid Assets / Assets0.26%0.02%13.60%11.28%4.97%+471 bps
CRE / Total Capitaln/an/an/an/an/an/an/a