Alpharetta, GA · Cert 58241
FDIC
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 2008, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Alpharetta, GA · Cert 58241
FDIC
Q3 2008
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.89% | -0.22% | 0.22% | 0.23% | -2.87% | -0.31% | -3.62% | -7.87% | -810 bps | |
| Return on Equity | n/a | -1.30% | 1.44% | 1.68% | -24.12% | -4.39% | -56.07% | -149.28% | -15,096 bps | |
| Net Interest Margin | 2.56% | 4.10% | 3.71% | 3.28% | 2.83% | 1.84% | 1.02% | 0.71% | -256 bps | |
| Efficiency Ratio | 104.00% | 82.62% | 72.68% | 63.52% | 67.06% | 104.31% | 203% | 297% | +23,354 bps | |
| Non-Interest Burden | 2.66% | 3.39% | 2.69% | 2.07% | 1.89% | 1.92% | 2.13% | 2.22% | +15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | n/a | n/a | 532% | 277% | 116.56% | 73.11% | 37.76% | 6.03% | -27,090 bps | |
| Loan Growth (YoY) | n/a | n/a | 1760% | 354% | 136.23% | 84.30% | 34.77% | 1.67% | -35,203 bps | |
| Deposit Growth (YoY) | n/a | n/a | 2256% | 432% | 140.65% | 80.34% | 52.55% | 18.91% | -41,283 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% | 0.00% | 0.25% | 0.00% | 0.54% | 2.01% | +201 bps | |
| Allowance / Loans | 1.00% | 1.00% | 1.00% | 1.27% | 3.63% | 3.54% | 4.84% | 8.39% | +712 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 19.95% | 15.38% | 12.39% | 11.04% | 8.53% | 8.36% | 6.96% | 2.92% | -813 bps | |
| Equity / Assets | 19.97% | 15.13% | 12.28% | 10.41% | 7.30% | 6.91% | 5.20% | 1.49% | -892 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 102.10% | 98.34% | 101.03% | 100.55% | 100.22% | 100.50% | 89.25% | 85.97% | -1,458 bps | |
| Liquid Assets / Assets | 0.59% | 1.64% | 1.67% | 2.40% | 4.16% | 4.21% | 4.03% | 3.80% | +140 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |