Blairsville, GA · Cert 57352
FDIC
Q3 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2006, the quarter ended September 30, 2006, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Blairsville, GA · Cert 57352
FDIC
Q3 2006
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.03% | -0.61% | -0.48% | -0.32% | -0.16% | 0.54% | 0.50% | -1.68% | -136 bps | |
| Return on Equity | -7.44% | -5.39% | -4.57% | -3.20% | -1.62% | 5.98% | 5.66% | -20.02% | -1,682 bps | |
| Net Interest Margin | 3.04% | 3.88% | 3.64% | 3.40% | 3.50% | 4.33% | 4.26% | 4.18% | +78 bps | |
| Efficiency Ratio | 109.29% | 102.66% | 95.74% | 93.26% | 89.57% | 76.11% | 73.59% | 72.00% | -2,126 bps | |
| Non-Interest Burden | 3.33% | 3.99% | 3.47% | 3.16% | 3.11% | 3.23% | 3.06% | 2.93% | -23 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 44.28% | 49.89% | 55.75% | 48.72% | 38.70% | 39.03% | 26.98% | 18.17% | -3,055 bps | |
| Loan Growth (YoY) | 116.13% | 75.63% | 71.03% | 58.84% | 52.44% | 46.70% | 30.85% | 23.51% | -3,533 bps | |
| Deposit Growth (YoY) | 53.61% | 43.42% | 53.73% | 47.50% | 33.82% | 49.00% | 28.13% | 17.33% | -3,016 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.08% | 0.13% | 0.05% | 0.07% | 0.05% | 0.23% | 0.53% | 0.61% | +54 bps | |
| Allowance / Loans | 1.27% | 1.25% | 1.25% | 1.25% | 1.40% | 1.39% | 1.34% | 3.09% | +184 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 16.13% | 14.18% | 11.47% | 11.10% | 11.83% | 12.00% | 11.40% | 9.47% | -163 bps | |
| Equity / Assets | 11.83% | 10.80% | 9.21% | 8.44% | 9.01% | 9.04% | 8.60% | 7.08% | -136 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.24% | 101.80% | 99.75% | 97.84% | 100.51% | 100.23% | 101.87% | 102.99% | +515 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.15% | 0.28% | 0.13% | 0.05% | 0.03% | 0.03% | -25 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |