PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Community Bank of Rockmart

Rockmart, GA · Cert 57860

FDIC

Q3 2011

$62.4MAssets
$40.8MLoans
$55.9MDeposits
$1.4MEquity
Loan mix
88%RE $30.6M8%C&I $2.9M4%Consumer $1.4MQ3 2010Q3 2011
Deposit mix
94%Interest-bearing $52.8M6%Noninterest $3.1MQ3 2010Q3 2011

NIM

5.31%Q3 ’094.47%Q3 ’104.35%Q3 ’11-4%+6%

Non-interest income vs. expense

3.10%Q3 ’094.56%Q3 ’103.47%Q3 ’11+71%-28%

Executive Summary

  • Earnings: ROA of 2.48%, up 932 bps year over year; NIM at 2.73%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 73.06% of deposits as of Q3 2011.

Financial Results

Return on Assets (quarter, annualized)

2.48%1+932 bps YoY

Net Interest Margin (quarter, annualized)

2.73%+16 bps YoY

Efficiency Ratio (quarter, annualized)

111.41%-4,918 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2010Q4 2010Q1 2011Q2 2011Q3 2011YoY ΔTrend
Earnings
Return on Assets-6.84%-3.26%-0.76%-2.39%2.48%1+932 bps
Return on Equity-162.44%-109.96%-32.01%-116.35%122.86%+28,529 bps
Net Interest Margin2.57%2.94%3.03%2.88%2.73%+16 bps
Efficiency Ratio160.59%195.45%126.54%107.18%111.41%-4,918 bps
Non-Interest Burden4.29%6.03%3.91%3.14%3.08%-121 bps
Growth
Asset Growth (YoY)-7.73%-8.32%-9.33%-7.53%-4.98%+276 bps
Loan Growth (YoY)-14.22%-13.91%-13.31%-13.66%-9.73%+449 bps
Deposit Growth (YoY)-1.20%-5.12%-7.43%-5.01%-4.16%-296 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans6.90%1.38%-0.06%0.06%0.00%-690 bps
Allowance / Loans2.50%2.31%2.36%3.28%3.36%+86 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 Capital5.61%4.61%4.42%3.62%4.50%-111 bps
Equity / Assets3.44%2.47%2.26%1.85%2.19%-125 bps
Liquidity & Funding
Loans / Deposits77.57%77.49%76.73%75.14%73.06%-451 bps
Liquid Assets / Assets3.20%4.03%4.77%4.88%6.53%+333 bps
CRE / Total Capitaln/an/an/an/an/an/an/a