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Georgia Heritage Bank

Dallas, GA · Cert 58005

FDIC · 2 branches

Q2 2018

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2018, the quarter ended June 30, 2018, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Georgia Heritage Bank

Dallas, GA · Cert 58005

FDIC · 2 branches

Q2 2018

$94.3MAssets
$68.6MLoans
$80.1MDeposits
$12.0MEquity
Loan mix
87%RE $46.7M12%C&I $6.6M1%Consumer $0.6MQ2 2017Q2 2018
Deposit mix
77%Interest-bearing $62.0M23%Noninterest $18.0MQ2 2017Q2 2018

NIM

4.47%Q2 ’164.92%Q2 ’175.06%Q2 ’18+11%+7%

Non-interest income vs. expense

3.34%Q2 ’163.11%Q2 ’173.30%Q2 ’18+12%-30%

Market Position · Atlanta-Sandy Springs-Roswell, GA · 2018 SOD (annual) · 0.0% share · #62 of 89 inst. · $0.1B of $173.1B

6.3% Paulding
0.1% Cobb

Executive Summary

  • Earnings: ROA of 2.18%, up 16 bps year over year; NIM at 4.90%.
  • Asset quality: problem loans at 1.02% of loans (-10 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.35%, up 160 bps from a year ago.
  • Funding: loans stand at 85.66% of deposits as of Q2 2018.

Financial Results

Return on Assets (YTD, annualized)

2.18%+16 bps YoY

Net Interest Margin (YTD, annualized)

4.90%+31 bps YoY

Efficiency Ratio (YTD, annualized)

52.96%-824 bps YoY

Tier 1 Leverage Ratio

10.35%+160 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2017Q3 2017Q4 2017Q1 2018Q2 2018YoY ΔTrend
Earnings
Return on Assets2.02%1.92%4.97%2.01%2.18%+16 bps
Return on Equity24.08%22.73%54.39%16.69%17.74%-633 bps
Net Interest Margin4.59%4.53%4.66%4.93%4.90%+31 bps
Efficiency Ratio61.20%60.50%58.61%53.56%52.96%-824 bps
Non-Interest Burden2.62%2.58%2.45%2.04%1.82%-79 bps
Growth
Asset Growth (YoY)17.59%18.42%19.41%4.94%7.71%-988 bps
Loan Growth (YoY)27.42%15.30%10.96%7.48%9.58%-1,784 bps
Deposit Growth (YoY)18.54%19.71%14.22%-0.73%4.10%-1,444 bps
Asset Quality
Nonperforming Loans / Loans1.12%0.64%0.96%0.57%1.02%-10 bps
Net Charge-Offs / Loans0.00%0.66%0.48%0.00%0.00%+1 bps
Allowance / Loans1.54%1.18%1.20%1.16%1.10%-44 bps
Allowance Coverage of NPLs1.4x1.8x1.3x2.0x1.1x-0.3x
Capital
Tier 1 Leverage Ratio8.75%8.89%9.04%9.69%10.35%+160 bps
Total Risk-Based Capital12.73%13.52%12.99%13.51%13.96%+123 bps
Equity / Assets8.68%8.61%11.70%12.45%12.76%+409 bps
Liquidity & Funding
Loans / Deposits81.37%74.72%78.15%83.72%85.66%+429 bps
Liquid Assets / Assets6.47%13.32%9.06%6.17%4.32%-215 bps
CRE / Total Capitaln/an/an/an/an/an/an/a