PackageTrendsPeer
Letter portraitLegal landscape

First Choice Community Bank

Dallas, GA · Cert 58539

FDIC

Q1 2011

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 2011, the quarter ended March 31, 2011, 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

First Choice Community Bank

Dallas, GA · Cert 58539

FDIC

Q1 2011

$291.2MAssets
$251.1MLoans
$294.8MDeposits
$-8381KEquity
Loan mix
94%RE $162.4M5%C&I $9.2M1%Consumer $1.1MQ1 2010Q1 2011
Deposit mix
95%Interest-bearing $280.4M5%Noninterest $14.3MQ1 2010Q1 2011

NIM

5.08%Q1 ’094.57%Q1 ’103.50%Q1 ’11+13%-24%

Non-interest income vs. expense

2.57%Q1 ’092.56%Q1 ’103.20%Q1 ’11+81%-35%

Executive Summary

  • Earnings: ROA of -1.00%, up 517 bps year over year; NIM at 2.02%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.22%.
  • Funding: loans stand at 85.18% of deposits as of Q1 2011.

Financial Results

Return on Assets (YTD, annualized)

-1.00%+517 bps YoY

Net Interest Margin (YTD, annualized)

2.02%-65 bps YoY

Efficiency Ratio (YTD, annualized)

136.14%-17,905 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-6.16%-15.59%-9.81%-14.33%-1.00%+517 bps
Return on Equity-64.03%-214%-155.87%-320%37.37%+10,140 bps
Net Interest Margin2.67%2.53%2.71%2.61%2.02%-65 bps
Efficiency Ratio315%403%195.75%196.64%136.14%-17,905 bps
Non-Interest Burden4.42%4.89%4.24%4.13%2.89%-153 bps
Growth
Asset Growth (YoY)218%188.45%191.22%139.82%-19.47%-23,754 bps
Loan Growth (YoY)218%185.88%191.53%146.42%-15.25%-23,366 bps
Deposit Growth (YoY)256%237%235%186.96%-9.47%-26,514 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.61%8.00%6.04%8.29%0.22%-39 bps
Allowance / Loans2.95%2.62%2.35%6.54%6.77%+382 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 Capital9.63%5.47%5.65%-2.96%-7.96%-1,760 bps
Equity / Assets8.58%3.90%3.92%-2.46%-2.88%-1,146 bps
Liquidity & Funding
Loans / Deposits90.99%88.97%86.25%84.47%85.18%-581 bps
Liquid Assets / Assets10.41%7.97%7.59%7.47%11.15%+74 bps
CRE / Total Capitaln/an/an/an/an/an/an/a