Gallatin, TN · Cert 57954
FDIC · 3 branches
Q3 2023
Market Position · Nashville-Davidson--Murfreesboro--Franklin, TN · 2023 SOD (annual) · 0.2% share · #40 of 63 inst. · $0.2B of $93.9B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.93% | 0.89% | 1.03% | 1.42% | 1.68% | 1.56% | 1.58% | 2.26% | +84 bps | |
| Return on Equity | 9.68% | 9.80% | 11.48% | 15.26% | 17.72% | 16.36% | 16.43% | 22.78% | +752 bps | |
| Net Interest Margin | 3.40% | 3.35% | 3.53% | 4.16% | 4.60% | 4.54% | 4.58% | 4.98% | +82 bps | |
| Efficiency Ratio | 63.08% | 64.88% | 62.51% | 55.49% | 52.77% | 53.15% | 53.96% | 48.29% | -721 bps | |
| Non-Interest Burden | 2.03% | 2.05% | 2.08% | 2.14% | 2.22% | 2.25% | 2.34% | 2.22% | +8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.17% | 12.38% | 9.11% | 5.19% | 2.84% | 3.02% | 6.56% | 9.29% | +411 bps | |
| Loan Growth (YoY) | 20.16% | 19.36% | 18.69% | 22.99% | 21.36% | 19.60% | 14.75% | 8.04% | -1,495 bps | |
| Deposit Growth (YoY) | 13.17% | 14.18% | 10.56% | 6.16% | 2.69% | 1.99% | 5.87% | 8.55% | +239 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 | 0.00% | 0.00% | 0.00% | 0.01% | 0.04% | 0.01% | 0.00% | 0.01% | 0 bps | |
| Allowance / Loans | 0.87% | 0.87% | 0.87% | 0.85% | 0.84% | 0.99% | 1.01% | 0.93% | +7 bps | |
| Allowance Coverage of NPLs | 1317.0x | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.48% | 9.44% | 9.25% | 9.69% | 10.00% | 9.88% | 10.32% | 10.86% | +117 bps | |
| Total Risk-Based Capital | 13.69% | 13.69% | 13.58% | 13.29% | 13.07% | 13.58% | 14.14% | 14.55% | +126 bps | |
| Equity / Assets | 9.28% | 8.80% | 9.15% | 9.45% | 9.57% | 9.45% | 9.74% | 10.09% | +64 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 77.33% | 75.41% | 80.79% | 88.57% | 91.39% | 88.44% | 87.57% | 88.16% | -42 bps | |
| Liquid Assets / Assets | 18.43% | 20.82% | 16.50% | 10.25% | 7.61% | 11.08% | 12.43% | 12.10% | +184 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |