Huntsville, AL · Cert 58719
FDIC · 13 branches
Q4 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2022, the quarter ended December 31, 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.
Huntsville, AL · Cert 58719
FDIC · 13 branches
Q4 2022
Market Position · Huntsville, AL · 2022 SOD (annual) · 5.8% share · #8 of 33 inst. · $0.7B of $11.7B
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 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.17% | 1.17% | 1.26% | 1.26% | 0.90% | 1.01% | 1.14% | 1.14% | -12 bps | |
| Return on Equity | 11.48% | 11.42% | 12.34% | 12.37% | 9.34% | 10.63% | 11.91% | 11.84% | -53 bps | |
| Net Interest Margin | 2.89% | 3.05% | 3.16% | 3.08% | 2.95% | 3.03% | 3.35% | 3.58% | +50 bps | |
| Efficiency Ratio | 61.90% | 63.92% | 63.39% | 63.16% | 69.40% | 66.44% | 63.78% | 63.97% | +81 bps | |
| Non-Interest Burden | 1.14% | 1.41% | 1.50% | 1.50% | 1.76% | 1.74% | 1.85% | 2.04% | +55 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 31.12% | 11.68% | 9.36% | 12.69% | 13.54% | 12.42% | 2.43% | -1.26% | -1,394 bps | |
| Loan Growth (YoY) | 23.64% | 2.00% | -2.41% | 1.45% | 1.89% | 7.75% | 13.79% | 18.73% | +1,727 bps | |
| Deposit Growth (YoY) | 34.60% | 12.53% | 9.92% | 13.42% | 14.21% | 13.43% | -0.56% | -15.54% | -2,896 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.06% | 0.04% | 0.03% | 0.03% | 0.03% | 0.03% | 0.11% | 0.04% | +1 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | -0.01% | -0.01% | -0.16% | -0.08% | -0.04% | 0.17% | +18 bps | |
| Allowance / Loans | 1.02% | 1.04% | 1.05% | 1.05% | 1.06% | 1.02% | 0.96% | 0.71% | -33 bps | |
| Allowance Coverage of NPLs | 17.1x | 26.9x | 30.2x | 30.3x | 32.1x | 32.2x | 9.0x | 17.2x | -13.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.14% | 9.15% | 9.40% | 9.20% | 8.89% | 8.88% | 9.39% | 9.80% | +60 bps | |
| Total Risk-Based Capital | 11.85% | 12.31% | 12.71% | 12.25% | 11.83% | 11.82% | 11.75% | 11.33% | -93 bps | |
| Equity / Assets | 9.91% | 10.28% | 10.25% | 10.04% | 9.25% | 9.23% | 9.70% | 9.77% | -27 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 86.28% | 85.42% | 82.33% | 78.74% | 76.97% | 81.15% | 94.21% | 110.68% | +3,195 bps | |
| Liquid Assets / Assets | 1.81% | 1.81% | 1.75% | 1.66% | 2.15% | 2.18% | 0.10% | 0.43% | -123 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |