Germantown, TN · Cert 57552
FDIC · 1 branch
Q3 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2021, the quarter ended September 30, 2021, 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.
Germantown, TN · Cert 57552
FDIC · 1 branch
Q3 2021
Market Position · Memphis, TN-MS-AR · 2021 SOD (annual) · 0.8% share · #23 of 51 inst. · $0.3B of $40.8B
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 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.59% | 0.55% | 0.93% | 1.03% | 0.96% | +37 bps | |
| Return on Equity | 5.68% | 5.32% | 8.87% | 9.86% | 9.15% | +347 bps | |
| Net Interest Margin | 2.58% | 2.61% | 2.80% | 2.84% | 2.89% | +30 bps | |
| Efficiency Ratio | 52.00% | 54.61% | 55.59% | 53.34% | 55.22% | +322 bps | |
| Non-Interest Burden | 1.29% | 1.39% | 1.53% | 1.49% | 1.59% | +30 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 4.60% | 1.63% | 2.71% | 6.25% | 4.44% | -16 bps | |
| Loan Growth (YoY) | 1.20% | 0.77% | 0.90% | 1.30% | -1.31% | -251 bps | |
| Deposit Growth (YoY) | 5.37% | 1.92% | 3.21% | 8.16% | 5.54% | +17 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.08% | 0.38% | 0.37% | 0.07% | 0.07% | -1 bps | |
| Net Charge-Offs / Loans | 0.24% | 0.18% | 0.02% | 0.02% | 0.01% | -23 bps | |
| Allowance / Loans | 0.97% | 1.11% | 1.11% | 1.08% | 1.10% | +14 bps | |
| Allowance Coverage of NPLs | 12.8x | 2.9x | 3.0x | 15.7x | 16.0x | +3.2x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 10.39% | 10.41% | 10.58% | 10.24% | 10.55% | +16 bps | |
| Total Risk-Based Capital | 10.39% | 10.41% | 10.58% | 10.24% | 10.55% | +16 bps | |
| Equity / Assets | 10.44% | 10.38% | 10.57% | 10.43% | 10.60% | +16 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 102.46% | 100.07% | 99.07% | 96.56% | 95.82% | -664 bps | |
| Liquid Assets / Assets | 1.91% | 0.00% | 0.07% | 0.07% | 0.07% | -185 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |