Winder, GA · Cert 58711
FDIC
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
Winder, GA · Cert 58711
FDIC
Q1 2014
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 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.76% | 1.41% | 2.22% | 0.51% | 0.55% | 0.55% | 0.41% | 0.72% | +20 bps | |
| Return on Equity | 17.34% | 13.78% | 21.23% | 4.44% | 4.69% | 4.75% | 3.46% | 5.74% | +130 bps | |
| Net Interest Margin | 3.32% | 3.30% | 3.26% | 3.54% | 3.55% | 3.45% | 3.50% | 3.67% | +13 bps | |
| Efficiency Ratio | 64.83% | 68.98% | 69.33% | 77.88% | 78.11% | 75.78% | 80.16% | 70.59% | -729 bps | |
| Non-Interest Burden | 1.77% | 2.05% | 2.03% | 2.71% | 2.73% | 2.55% | 2.76% | 2.55% | -16 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 21.62% | 13.80% | 8.58% | 5.69% | 4.14% | 4.94% | -6.04% | -0.97% | -666 bps | |
| Loan Growth (YoY) | 19.56% | 17.43% | 8.52% | 8.90% | 2.91% | 0.19% | 2.55% | -1.98% | -1,087 bps | |
| Deposit Growth (YoY) | 23.24% | 14.37% | 6.77% | 3.80% | 2.23% | 3.31% | -5.37% | 0.40% | -340 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% | 0.00% | 0.06% | 0.08% | 0.00% | 0 bps | |
| Allowance / Loans | 1.43% | 1.41% | 1.54% | 1.48% | 1.48% | 1.47% | 1.56% | 1.54% | +6 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 | 15.82% | 15.67% | 17.22% | 16.90% | 17.42% | 17.33% | 18.03% | 18.62% | +173 bps | |
| Equity / Assets | 10.53% | 10.57% | 11.31% | 11.87% | 11.72% | 11.53% | 12.46% | 12.50% | +64 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.19% | 79.64% | 74.94% | 81.46% | 78.71% | 77.24% | 81.22% | 79.52% | -193 bps | |
| Liquid Assets / Assets | 13.91% | 12.71% | 16.32% | 10.48% | 12.93% | 12.94% | 9.54% | 12.08% | +160 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |