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Southern Bank & Trust

Clarkesville, GA · Cert 58143

FDIC · 3 branches

Q1 2020

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: Q1 2020, the quarter ended March 31, 2020, 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

Southern Bank & Trust

Clarkesville, GA · Cert 58143

FDIC · 3 branches

Q1 2020

$227.8MAssets
$180.9MLoans
$202.5MDeposits
$18.5MEquity
Loan mix
87%RE $145.2M7%C&I $12.2M6%Consumer $9.8MQ1 2019Q1 2020
Deposit mix
87%Interest-bearing $176.0M13%Noninterest $26.5MQ1 2019Q1 2020

NIM

4.88%Q1 ’185.21%Q1 ’195.23%Q1 ’20-4%-2%

Non-interest income vs. expense

3.21%Q1 ’183.14%Q1 ’198.48%Q1 ’20-5%+206%

Executive Summary

  • Earnings: ROA of -3.03%, down 424 bps year over year; NIM at 4.15%.
  • Asset quality: problem loans at 0.70% of loans (+1 bps YoY), with net charge-offs at 0.04%.
  • Capital: tier 1 leverage ratio of 8.02%, down 120 bps from a year ago.
  • Funding: loans stand at 89.35% of deposits as of Q1 2020.

Financial Results

Return on Assets (YTD, annualized)

-3.03%-424 bps YoY

Net Interest Margin (YTD, annualized)

4.15%-7 bps YoY

Efficiency Ratio (YTD, annualized)

184.56%+11,821 bps YoY

Tier 1 Leverage Ratio

8.02%-120 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2019Q2 2019Q3 2019Q4 2019Q1 2020YoY ΔTrend
Earnings
Return on Assets1.22%1.24%1.26%1.30%-3.03%-424 bps
Return on Equity13.63%13.98%14.13%14.58%-35.62%-4,924 bps
Net Interest Margin4.22%4.18%4.13%3.96%4.15%-7 bps
Efficiency Ratio66.35%66.18%65.10%64.12%184.56%+11,821 bps
Non-Interest Burden2.63%2.61%2.53%2.38%8.04%+541 bps
Growth
Asset Growth (YoY)15.29%22.74%20.68%19.14%11.04%-425 bps
Loan Growth (YoY)10.13%17.86%15.96%17.44%13.40%+327 bps
Deposit Growth (YoY)16.14%22.29%22.06%19.06%11.15%-499 bps
Asset Quality
Nonperforming Loans / Loans0.69%0.59%0.56%0.54%0.70%+1 bps
Net Charge-Offs / Loans0.02%0.01%0.00%0.01%0.04%+2 bps
Allowance / Loans1.37%1.24%1.26%1.21%1.21%-15 bps
Allowance Coverage of NPLs2.0x2.1x2.2x2.2x1.7x-0.2x
Capital
Tier 1 Leverage Ratio9.22%9.10%9.08%8.86%8.02%-120 bps
Total Risk-Based Capital13.27%12.60%12.88%12.62%11.70%-157 bps
Equity / Assets8.88%8.85%8.88%8.86%8.14%-74 bps
Liquidity & Funding
Loans / Deposits87.58%92.20%88.62%89.15%89.35%+177 bps
Liquid Assets / Assets8.36%4.12%5.97%6.61%1.76%-660 bps
CRE / Total Capitaln/an/an/an/an/an/an/a