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Neighbors Bank

Alpharetta, GA · Cert 57430

FDIC

Q2 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: Q2 2009, the quarter ended June 30, 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

Neighbors Bank

Alpharetta, GA · Cert 57430

FDIC

Q2 2009

$190.6MAssets
$109.9MLoans
$179.5MDeposits
$1.5MEquity
Loan mix
87%RE $76.0M13%C&I $11.6M0%Consumer $0.2MQ2 2008Q2 2009
Deposit mix
96%Interest-bearing $173.1M4%Noninterest $6.4MQ2 2008Q2 2009

NIM

7.39%Q2 ’075.07%Q2 ’082.93%Q2 ’09-52%-137%

Non-interest income vs. expense

2.11%Q2 ’0725.23%Q2 ’082.23%Q2 ’09+1157%-91%

Executive Summary

  • Earnings: ROA of -7.52%, up 1,801 bps year over year; NIM at -0.63%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 8.32%.
  • Funding: loans stand at 61.19% of deposits as of Q2 2009.

Financial Results

Return on Assets (YTD, annualized)

-7.52%+1,801 bps YoY

Net Interest Margin (YTD, annualized)

-0.63%-233 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets-25.53%-17.54%-15.55%0.62%1-7.52%+1,801 bps
Return on Equity-156.32%-126.66%-130.72%13.61%-225%-6,840 bps
Net Interest Margin1.70%1.58%1.28%-0.03%-0.63%-233 bps
Efficiency Ratio146.95%158.09%195.06%n/an/an/a
Non-Interest Burden25.45%17.70%13.51%2.17%2.29%-2,315 bps
Growth
Asset Growth (YoY)-8.41%-1.01%4.86%17.50%4.44%+1,285 bps
Loan Growth (YoY)-8.87%-7.25%-10.27%-8.11%-18.33%-946 bps
Deposit Growth (YoY)5.51%12.30%21.51%37.36%7.69%+218 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans3.74%2.52%2.63%4.64%8.32%+458 bps
Allowance / Loans0.88%1.86%2.43%2.39%5.14%+426 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 Capital10.18%10.43%7.72%8.35%2.04%-814 bps
Equity / Assets7.92%6.88%4.60%4.46%0.80%-713 bps
Liquidity & Funding
Loans / Deposits80.69%76.06%69.75%62.56%61.19%-1,949 bps
Liquid Assets / Assets0.56%0.51%21.25%26.37%21.16%+2,060 bps
CRE / Total Capitaln/an/an/an/an/an/an/a