PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Capital Bank

Montgomery, AL · Cert 57178

FDIC

Q3 2006

$57.8MAssets
$46.4MLoans
$49.4MDeposits
$7.5MEquity
Loan mix
59%RE $8.6M40%C&I $5.8M1%Consumer $0.1MQ3 2005Q3 2006
Deposit mix
89%Interest-bearing $44.1M11%Noninterest $5.3MQ3 2005Q3 2006

NIM

4.32%Q3 ’045.44%Q3 ’056.85%Q3 ’06+12%+6%

Non-interest income vs. expense

2.59%Q3 ’042.20%Q3 ’053.14%Q3 ’06-6%+38%

Executive Summary

  • Earnings: ROA of 0.24%, down 47 bps year over year; NIM at 3.63%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.26%.
  • Funding: loans stand at 93.78% of deposits as of Q3 2006.

Financial Results

Return on Assets (YTD, annualized)

0.24%-47 bps YoY

Net Interest Margin (YTD, annualized)

3.63%+21 bps YoY

Efficiency Ratio (YTD, annualized)

80.02%+1,820 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets0.71%0.78%0.17%0.11%0.24%-47 bps
Return on Equity4.19%4.79%1.23%0.81%1.77%-242 bps
Net Interest Margin3.42%3.42%3.80%3.69%3.63%+21 bps
Efficiency Ratio61.82%61.00%80.11%80.64%80.02%+1,820 bps
Non-Interest Burden2.06%2.03%2.99%2.91%2.84%+79 bps
Growth
Asset Growth (YoY)49.68%41.23%38.97%27.56%17.92%-3,176 bps
Loan Growth (YoY)45.80%38.13%38.84%21.39%20.05%-2,575 bps
Deposit Growth (YoY)65.98%41.09%44.80%32.09%19.58%-4,641 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.11%0.00%0.40%0.26%+26 bps
Allowance / Loans1.30%1.12%1.21%1.20%1.20%-10 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 Capital21.40%18.95%17.71%16.92%16.50%-490 bps
Equity / Assets14.99%14.11%13.32%13.16%13.00%-199 bps
Liquidity & Funding
Loans / Deposits93.42%101.53%95.74%96.76%93.78%+37 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a