Tifton, GA · Cert 57831
FDIC
Q3 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2010, the quarter ended September 30, 2010, 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.
Tifton, GA · Cert 57831
FDIC
Q3 2010
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 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.46% | 0.11% | -2.24% | -1.08% | -1.96% | -5.74% | -10.30% | -8.47% | -740 bps | |
| Return on Equity | 5.18% | 1.40% | -27.20% | -13.06% | -24.72% | -95.06% | -214% | -208% | -19,518 bps | |
| Net Interest Margin | 2.65% | 2.51% | 2.50% | 2.56% | 2.31% | 2.40% | 1.60% | 1.74% | -83 bps | |
| Efficiency Ratio | 59.22% | 63.72% | 64.25% | 60.98% | 61.16% | 60.70% | 100.80% | 115.51% | +5,454 bps | |
| Non-Interest Burden | 1.45% | 1.47% | 1.50% | 1.44% | 1.30% | 1.38% | 1.62% | 2.04% | +60 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 28.62% | 27.43% | 17.03% | 21.09% | 25.58% | 18.45% | 0.10% | -21.07% | -4,217 bps | |
| Loan Growth (YoY) | 34.22% | 29.57% | 13.96% | 12.06% | 6.11% | 5.22% | -7.91% | -18.69% | -3,075 bps | |
| Deposit Growth (YoY) | 15.50% | 17.05% | 8.98% | 16.81% | 33.09% | 24.18% | 8.45% | -6.91% | -2,372 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 | 0.32% | 0.35% | 0.14% | 0.32% | 2.42% | -0.02% | 10.47% | 8.41% | +809 bps | |
| Allowance / Loans | 1.43% | 1.51% | 3.74% | 3.52% | 4.04% | 6.05% | 4.94% | 6.28% | +276 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 | 10.67% | 10.45% | 11.68% | 11.71% | 10.22% | 7.28% | 4.05% | 2.94% | -877 bps | |
| Equity / Assets | 8.24% | 7.89% | 8.59% | 8.28% | 6.71% | 5.36% | 2.05% | 1.22% | -706 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 108.99% | 105.67% | 102.39% | 95.52% | 86.89% | 89.54% | 86.94% | 83.43% | -1,209 bps | |
| Liquid Assets / Assets | 0.12% | 0.00% | 0.07% | 0.00% | 0.00% | 4.49% | 5.01% | 0.01% | +1 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |