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Bank of Valdosta

Valdosta, GA · Cert 58185

FDIC

Q1 2013

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 2013, the quarter ended March 31, 2013, 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 2026-10-10

Bank of Valdosta

Valdosta, GA · Cert 58185

FDIC

Q1 2013

$60.8MAssets
$41.2MLoans
$57.8MDeposits
$885KEquity
Loan mix
90%RE $34.4M7%C&I $2.8M2%Consumer $0.9MQ1 2012Q1 2013
Deposit mix
83%Interest-bearing $47.9M17%Noninterest $9.9MQ1 2012Q1 2013

NIM

4.07%Q1 ’114.21%Q1 ’123.64%Q1 ’13+23%-6%

Non-interest income vs. expense

5.64%Q1 ’116.21%Q1 ’127.32%Q1 ’13+76%-25%

Executive Summary

  • Earnings: ROA of -4.44%, up 276 bps year over year; NIM at 2.85%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.51%.
  • Funding: loans stand at 71.29% of deposits as of Q1 2013.

Financial Results

Return on Assets (YTD, annualized)

-4.44%+276 bps YoY

Net Interest Margin (YTD, annualized)

2.85%-19 bps YoY

Efficiency Ratio (YTD, annualized)

239%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2012Q2 2012Q3 2012Q4 2012Q1 2013YoY ΔTrend
Earnings
Return on Assets-7.20%-6.56%-5.85%-5.10%-4.44%+276 bps
Return on Equity-330%-305%-274%-239%-244%+8,629 bps
Net Interest Margin3.04%2.99%3.07%3.19%2.85%-19 bps
Efficiency Ration/a4409%771%402%239%n/a
Non-Interest Burden9.46%9.31%8.92%8.51%7.12%-235 bps
Growth
Asset Growth (YoY)-25.03%-23.55%-17.26%-19.17%-23.52%+151 bps
Loan Growth (YoY)-22.48%-24.01%-25.25%-27.69%-28.34%-587 bps
Deposit Growth (YoY)-23.79%-23.84%-18.91%-18.74%-21.46%+233 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans3.44%3.25%3.43%3.11%1.51%-193 bps
Allowance / Loans6.53%6.30%6.06%6.33%6.63%+10 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 Capital4.25%4.22%4.18%4.37%3.39%-86 bps
Equity / Assets2.13%2.10%2.06%2.15%1.46%-67 bps
Liquidity & Funding
Loans / Deposits78.14%77.60%75.41%73.71%71.29%-685 bps
Liquid Assets / Assets16.20%17.68%18.53%19.14%20.02%+381 bps
CRE / Total Capitaln/an/an/an/an/an/an/a