PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Hancock Bank of Alabama

Mobile, AL · Cert 58510

FDIC

Q1 2011

$199.1MAssets
$176.1MLoans
$165.9MDeposits
$31.3MEquity
Loan mix
59%RE $84.8M26%C&I $37.5M14%Consumer $20.7MQ1 2010Q1 2011
Deposit mix
76%Interest-bearing $125.3M24%Noninterest $40.6MQ1 2010Q1 2011

NIM

4.74%Q1 ’094.68%Q1 ’104.75%Q1 ’11+24%+18%

Non-interest income vs. expense

3.97%Q1 ’093.46%Q1 ’103.58%Q1 ’11-27%+8%

Executive Summary

  • Earnings: ROA of 0.01%, up 64 bps year over year; NIM at 4.01%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.84%.
  • Funding: loans stand at 106.15% of deposits as of Q1 2011.

Financial Results

Return on Assets (YTD, annualized)

0.01%+64 bps YoY

Net Interest Margin (YTD, annualized)

4.01%+62 bps YoY

Efficiency Ratio (YTD, annualized)

72.96%-612 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2010Q2 2010Q3 2010Q4 2010Q1 2011YoY ΔTrend
Earnings
Return on Assets-0.63%-1.54%-0.89%-0.14%0.01%+64 bps
Return on Equity-5.51%-13.82%-8.06%-1.14%0.08%+559 bps
Net Interest Margin3.39%3.42%3.60%3.67%4.01%+62 bps
Efficiency Ratio79.08%74.61%73.59%73.39%72.96%-612 bps
Non-Interest Burden2.48%2.27%2.36%2.45%2.68%+20 bps
Growth
Asset Growth (YoY)15.07%5.56%10.09%9.15%2.96%-1,211 bps
Loan Growth (YoY)9.41%3.28%10.41%10.34%11.76%+236 bps
Deposit Growth (YoY)37.02%31.53%8.95%4.52%-2.21%-3,923 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.35%1.77%1.21%1.10%0.84%-51 bps
Allowance / Loans2.66%3.58%3.70%2.79%2.91%+24 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 Capital13.11%12.26%12.21%17.39%17.03%+392 bps
Equity / Assets11.03%10.53%10.74%15.71%15.74%+470 bps
Liquidity & Funding
Loans / Deposits92.87%97.60%101.75%103.31%106.15%+1,327 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a