PackageTrendsPeer
Letter portraitLegal landscape

Westside Bank

Hiram, GA · Cert 58347

FDIC · 2 branches

Q4 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: Q4 2020, the quarter ended December 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

Westside Bank

Hiram, GA · Cert 58347

FDIC · 2 branches

Q4 2020

$191.0MAssets
$106.7MLoans
$165.6MDeposits
$18.4MEquity
Loan mix
83%RE $74.7M16%C&I $14.2M1%Consumer $0.6MQ4 2019Q4 2020
Deposit mix
60%Interest-bearing $99.0M40%Noninterest $66.7MQ4 2019Q4 2020

NIM

4.19%Q4 ’184.51%Q4 ’193.56%Q4 ’20+8%-16%

Non-interest income vs. expense

3.72%Q4 ’183.55%Q4 ’192.65%Q4 ’20+10%-33%

Market Position · Atlanta-Sandy Springs-Alpharetta, GA · 2020 SOD (annual) · 0.1% share · #52 of 81 inst. · $0.1B of $194.0B

0.5% Cobb
3.7% Paulding

Executive Summary

  • Earnings: ROA of 0.79%, down 234 bps year over year; NIM at 3.60%.
  • Asset quality: problem loans at 0.00% of loans (-20 bps YoY), with net recoveries of 0.12%.
  • Capital: tier 1 leverage ratio of 8.72%, down 153 bps from a year ago.
  • Funding: loans stand at 64.42% of deposits as of Q4 2020.

Financial Results

Return on Assets (YTD, annualized)

0.79%-234 bps YoY

Net Interest Margin (YTD, annualized)

3.60%-69 bps YoY

Efficiency Ratio (YTD, annualized)

70.57%-1,130 bps YoY

Tier 1 Leverage Ratio

8.72%-153 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2019Q1 2020Q2 2020Q3 2020Q4 2020YoY ΔTrend
Earnings
Return on Assets3.13%0.59%0.61%0.76%0.79%-234 bps
Return on Equity31.05%4.74%5.29%6.92%7.34%-2,371 bps
Net Interest Margin4.29%4.19%4.06%3.78%3.60%-69 bps
Efficiency Ratio81.88%80.18%72.70%70.27%70.57%-1,130 bps
Non-Interest Burden3.40%3.19%2.70%2.35%2.26%-114 bps
Growth
Asset Growth (YoY)5.54%2.28%27.60%33.89%41.23%+3,569 bps
Loan Growth (YoY)6.02%5.29%30.49%29.39%30.79%+2,476 bps
Deposit Growth (YoY)1.60%-1.31%19.38%26.07%41.00%+3,940 bps
Asset Quality
Nonperforming Loans / Loans0.20%0.18%0.00%0.00%0.00%-20 bps
Net Charge-Offs / Loans0.27%-0.57%-0.24%-0.15%-0.12%-38 bps
Allowance / Loans1.37%1.49%1.51%1.46%1.46%+9 bps
Allowance Coverage of NPLs6.9x8.2xn/an/an/an/a
Capital
Tier 1 Leverage Ratio10.25%10.38%9.35%8.95%8.72%-153 bps
Total Risk-Based Capital16.55%10.38%9.35%8.95%8.72%-784 bps
Equity / Assets12.54%12.42%10.19%9.76%9.65%-289 bps
Liquidity & Funding
Loans / Deposits69.45%71.25%71.21%68.58%64.42%-503 bps
Liquid Assets / Assets13.15%15.77%10.93%11.58%9.93%-322 bps
CRE / Total Capitaln/an/an/an/an/an/an/a