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Georgia Trust Bank

Buford, GA · Cert 57847

FDIC

Q2 2012

$116.9MAssets
$69.5MLoans
$114.7MDeposits
$1.9MEquity
Loan mix
70%RE $25.5M27%C&I $9.7M4%Consumer $1.3MQ2 2011Q2 2012
Deposit mix
92%Interest-bearing $105.9M8%Noninterest $8.9MQ2 2011Q2 2012

NIM

3.58%Q2 ’103.41%Q2 ’113.12%Q2 ’12+17%+10%

Non-interest income vs. expense

1.93%Q2 ’102.63%Q2 ’112.59%Q2 ’12-24%+25%

Executive Summary

  • Earnings: ROA of -2.09%, down 90 bps year over year; NIM at 1.87%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.71%.
  • Funding: loans stand at 60.58% of deposits as of Q2 2012.

Financial Results

Return on Assets (YTD, annualized)

-2.09%-90 bps YoY

Net Interest Margin (YTD, annualized)

1.87%+17 bps YoY

Efficiency Ratio (YTD, annualized)

343%+14,858 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2011Q3 2011Q4 2011Q1 2012Q2 2012YoY ΔTrend
Earnings
Return on Assets-1.19%-0.98%-0.90%-2.74%-2.09%-90 bps
Return on Equity-47.53%-39.18%-36.10%-126.56%-105.02%-5,749 bps
Net Interest Margin1.69%1.77%1.87%1.84%1.87%+17 bps
Efficiency Ratio194.15%184.29%172.60%n/a343%+14,858 bps
Non-Interest Burden2.96%2.99%3.01%4.45%3.70%+74 bps
Growth
Asset Growth (YoY)-17.96%-12.21%-15.32%-14.19%-12.42%+554 bps
Loan Growth (YoY)-12.98%-18.40%-18.58%-18.79%-17.83%-484 bps
Deposit Growth (YoY)-15.94%-11.44%-15.29%-13.72%-11.61%+433 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.61%1.24%1.11%0.53%1.71%+9 bps
Allowance / Loans2.84%3.00%3.06%3.21%2.84%0 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 Capital4.80%4.86%4.80%3.92%3.46%-134 bps
Equity / Assets2.50%2.54%2.49%1.84%1.62%-88 bps
Liquidity & Funding
Loans / Deposits65.16%61.78%62.76%60.76%60.58%-458 bps
Liquid Assets / Assets7.47%10.94%7.85%11.05%15.10%+764 bps
CRE / Total Capitaln/an/an/an/an/an/an/a