Smyrna, GA · Cert 58533
FDIC · 2 branches
Q3 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2022, the quarter ended September 30, 2022, 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.
Smyrna, GA · Cert 58533
FDIC · 2 branches
Q3 2022
Market Position · Atlanta-Sandy Springs-Alpharetta, GA · 2022 SOD (annual) · 0.2% share · #31 of 83 inst. · $0.6B of $244.2B
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 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.57% | 1.32% | 2.30% | 2.17% | 1.80% | 0.50% | 0.08% | -2.96% | -513 bps | |
| Return on Equity | 22.42% | 22.13% | 36.63% | 33.05% | 26.92% | 8.32% | 1.61% | -63.46% | -9,651 bps | |
| Net Interest Margin | 3.03% | 3.85% | 3.75% | 3.40% | 3.21% | 2.59% | 2.66% | 2.96% | -44 bps | |
| Efficiency Ratio | 60.37% | 51.27% | 47.98% | 50.88% | 55.42% | 59.10% | 59.43% | 55.97% | +508 bps | |
| Non-Interest Burden | 1.15% | 1.36% | 1.19% | 1.40% | 1.50% | 1.21% | 1.37% | 1.46% | +6 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 87.45% | 82.71% | 0.87% | -6.59% | -0.77% | -18.24% | -12.16% | -19.87% | -1,328 bps | |
| Loan Growth (YoY) | 138.57% | 133.33% | -12.02% | -27.31% | -32.10% | -38.36% | -16.46% | 6.77% | +3,408 bps | |
| Deposit Growth (YoY) | 35.62% | 49.42% | 27.24% | 26.50% | 39.86% | 16.11% | 5.99% | -11.84% | -3,834 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.54% | 0.50% | 0.57% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | -65 bps | |
| Net Charge-Offs / Loans | 0.03% | 0.00% | 0.07% | 0.06% | 0.43% | 0.00% | -0.05% | -0.03% | -9 bps | |
| Allowance / Loans | 0.64% | 0.63% | 0.75% | 0.95% | 1.01% | 1.05% | 1.03% | 0.96% | +1 bps | |
| Allowance Coverage of NPLs | 1.2x | 1.2x | 1.3x | 1.5x | n/a | n/a | n/a | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 7.51% | 7.16% | 7.66% | 7.23% | 7.19% | 7.03% | 7.11% | 5.06% | -216 bps | |
| Total Risk-Based Capital | 12.02% | 11.29% | 13.41% | 12.87% | 13.06% | 12.68% | 12.16% | 8.91% | -396 bps | |
| Equity / Assets | 6.79% | 5.27% | 6.98% | 7.49% | 7.09% | 4.97% | 2.55% | 3.54% | -394 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.61% | 72.58% | 55.38% | 46.07% | 38.65% | 38.53% | 43.65% | 55.79% | +973 bps | |
| Liquid Assets / Assets | 2.39% | 2.57% | 1.20% | 1.07% | 12.87% | 13.16% | 17.27% | 16.99% | +1,592 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |