PackageTrendsPeer
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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 $0.1MQ1 2008Q4 2009
Deposit mix
95%Interest-bearing $58.5M5%Noninterest $2.8MQ1 2008Q4 2009

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.

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
n/a

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%

Year to date, annualized, through each quarter.

MetricQ1 2008Q2 2008Q3 2008Q4 2008Q1 2009Q2 2009Q3 2009Q4 2009YoY ΔTrend
Earnings
Return on Assets0.10%1-0.08%-0.40%-0.79%0.01%-0.43%-0.33%-0.80%0 bps
Return on Equity1.26%-1.01%-5.44%-10.86%0.17%-6.30%-4.84%-11.68%-81 bps
Net Interest Margin2.40%2.33%2.31%2.36%2.50%2.64%2.73%2.87%+50 bps
Efficiency Ratio97.50%101.10%103.31%109.46%93.68%110.68%108.40%120.96%+1,151 bps
Non-Interest Burden2.33%2.37%2.40%2.62%2.31%2.96%2.99%3.53%+91 bps
Growth
Asset Growth (YoY)16.85%9.74%7.75%0.17%-5.26%-3.20%-8.54%-3.46%-362 bps
Loan Growth (YoY)19.74%12.72%13.53%2.65%-4.67%-5.92%-7.83%-10.55%-1,320 bps
Deposit Growth (YoY)14.32%3.51%3.96%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%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.19%0.13%0.63%0.46%0.71%0.44%0.49%0.39%-7 bps
Allowance / Loans0.82%0.84%0.68%1.08%1.00%1.00%0.86%1.00%-8 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital10.24%10.14%9.75%10.05%10.38%10.16%10.02%9.63%-42 bps
Equity / Assets7.52%7.51%6.95%6.75%7.05%6.80%7.05%6.40%-36 bps
Liquidity & Funding
Loans / Deposits93.72%98.71%94.69%94.60%90.55%87.55%89.70%84.07%-1,053 bps
Liquid Assets / Assets1.51%2.54%1.28%1.09%1.72%0.97%1.08%0.12%-97 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a