Birmingham, AL · Cert 57840
FDIC
Q4 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2010, the quarter ended December 31, 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.
Birmingham, AL · Cert 57840
FDIC
Q4 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 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.24% | 0.21% | 0.19% | 0.14% | 0.21% | 0.23% | 0.26% | 0.02% | -12 bps | |
| Return on Equity | 3.58% | 3.23% | 2.52% | 1.79% | 1.87% | 1.85% | 1.97% | 0.13% | -166 bps | |
| Net Interest Margin | 2.10% | 1.69% | 1.56% | 1.87% | 2.06% | 2.56% | 3.05% | 2.96% | +109 bps | |
| Efficiency Ratio | 49.59% | 50.91% | 52.02% | 52.78% | 48.38% | 51.89% | 51.89% | 48.21% | -457 bps | |
| Non-Interest Burden | 1.00% | 0.84% | 0.79% | 0.95% | 0.89% | 1.17% | 1.41% | 1.25% | +30 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 80.68% | 153.50% | 87.51% | 35.92% | -34.74% | -50.22% | -33.87% | -43.89% | -7,981 bps | |
| Loan Growth (YoY) | 42.09% | 21.93% | 8.07% | -4.74% | -6.85% | -12.77% | -10.72% | -14.62% | -988 bps | |
| Deposit Growth (YoY) | 79.93% | 850% | 954% | 487% | 231% | -11.02% | 9.87% | 10.80% | -47,632 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 | 0.56% | 0.88% | 1.41% | 1.72% | 1.00% | 2.03% | 2.17% | 3.40% | +169 bps | |
| Allowance / Loans | 1.66% | 1.77% | 1.73% | 1.70% | 2.02% | 1.72% | 1.66% | 1.60% | -10 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 | 14.52% | 13.31% | 19.76% | 18.03% | 21.57% | 22.00% | 22.74% | 24.12% | +609 bps | |
| Equity / Assets | 6.43% | 6.30% | 10.00% | 9.78% | 12.66% | 16.14% | 15.24% | 17.02% | +724 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 1139% | 273% | 271% | 262% | 320% | 268% | 220% | 202% | -6,006 bps | |
| Liquid Assets / Assets | 34.22% | 57.32% | 48.87% | 50.61% | 34.06% | 27.45% | 33.97% | 28.69% | -2,191 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |