PackageTrendsPeer
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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

5.09%Q3 ’046.26%Q3 ’057.21%Q3 ’06+3%-3%

Non-interest income vs. expense

2.81%Q3 ’042.35%Q3 ’053.06%Q3 ’06+8%+25%

Executive Summary

  • Earnings: ROA of 0.48%, down 29 bps year over year; NIM at 3.60%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
  • Funding: loans stand at 93.78% of deposits as of Q3 2006.

Financial Results

Return on Assets (quarter, annualized)

0.48%-29 bps YoY

Net Interest Margin (quarter, annualized)

3.60%-12 bps YoY

Efficiency Ratio (quarter, annualized)

78.78%+1,780 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets0.77%0.95%0.17%0.05%0.48%-29 bps
Return on Equity4.93%6.55%1.23%0.38%3.70%-124 bps
Net Interest Margin3.72%4.07%3.80%3.71%3.60%-12 bps
Efficiency Ratio60.98%59.06%80.11%81.16%78.78%+1,780 bps
Non-Interest Burden2.22%2.33%2.99%2.96%2.78%+56 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%0.43%0.00%0.80%-0.02%-2 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