PackageTrendsPeer
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Madison County Bank

Madison, MS · Cert 57242

FDIC

Q4 2009

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

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.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Madison County Bank

Madison, MS · Cert 57242

FDIC

Q4 2009

$67.1MAssets
$51.5MLoans
$61.3MDeposits
$4.3MEquity
Loan mix
95%RE $38.3M4%C&I $1.8M0%Consumer $0.1MQ4 2008Q4 2009
Deposit mix
95%Interest-bearing $58.5M5%Noninterest $2.8MQ4 2008Q4 2009

NIM

6.77%Q4 ’075.74%Q4 ’085.41%Q4 ’09-20%+21%

Non-interest income vs. expense

3.42%Q4 ’072.99%Q4 ’083.84%Q4 ’09-4%+35%

Executive Summary

  • Earnings: ROA of -0.80%, unchanged from a year ago; NIM at 2.87%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.39%.
  • Funding: loans stand at 84.07% of deposits as of Q4 2009.

Financial Results

Return on Assets (YTD, annualized)

-0.80%0 bps YoY

Net Interest Margin (YTD, annualized)

2.87%+50 bps YoY

Efficiency Ratio (YTD, annualized)

120.96%+1,151 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2008Q1 2009Q2 2009Q3 2009Q4 2009YoY ΔTrend
Earnings
Return on Assets-0.79%0.01%-0.43%-0.33%-0.80%0 bps
Return on Equity-10.86%0.17%-6.30%-4.84%-11.68%-81 bps
Net Interest Margin2.36%2.50%2.64%2.73%2.87%+50 bps
Efficiency Ratio109.46%93.68%110.68%108.40%120.96%+1,151 bps
Non-Interest Burden2.62%2.31%2.96%2.99%3.53%+91 bps
Growth
Asset Growth (YoY)0.17%-5.26%-3.20%-8.54%-3.46%-362 bps
Loan Growth (YoY)2.65%-4.67%-5.92%-7.83%-10.55%-1,320 bps
Deposit Growth (YoY)0.53%-1.34%6.08%-2.69%0.66%+13 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.46%0.71%0.44%0.49%0.39%-7 bps
Allowance / Loans1.08%1.00%1.00%0.86%1.00%-8 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 Capital10.05%10.38%10.16%10.02%9.63%-42 bps
Equity / Assets6.75%7.05%6.80%7.05%6.40%-36 bps
Liquidity & Funding
Loans / Deposits94.60%90.55%87.55%89.70%84.07%-1,053 bps
Liquid Assets / Assets1.09%1.72%0.97%1.08%0.12%-97 bps
CRE / Total Capitaln/an/an/an/an/an/an/a