Nashville, TN · Cert 58823
FDIC · 23 branches
Q1 2024
Market Position · Nashville-Davidson--Murfreesboro--Franklin, TN · 2023 SOD (annual) · 1.7% share · #10 of 63 inst. · $1.6B of $93.9B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.87% | 1.05% | 1.15% | 1.09% | -0.58% | -145 bps | |
| Return on Equity | 7.40% | 9.17% | 10.24% | 9.40% | -4.74% | -1,215 bps | |
| Net Interest Margin | 3.00% | 2.87% | 2.56% | 2.49% | 2.56% | -43 bps | |
| Efficiency Ratio | 61.68% | 63.15% | 61.40% | 63.54% | 122.13% | +6,045 bps | |
| Non-Interest Burden | 1.57% | 1.55% | 1.30% | 1.27% | 3.31% | +174 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 1.36% | 2.70% | 3.16% | 0.83% | -5.91% | -728 bps | |
| Loan Growth (YoY) | 13.20% | 3.75% | -0.20% | -2.35% | -5.70% | -1,890 bps | |
| Deposit Growth (YoY) | -0.16% | 3.20% | 6.20% | -0.52% | -7.17% | -701 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.46% | 0.50% | 0.31% | 0.68% | 0.81% | +35 bps | |
| Net Charge-Offs / Loans | 0.03% | 0.03% | 0.06% | 0.02% | 0.05% | +2 bps | |
| Allowance / Loans | 1.03% | 1.06% | 1.04% | 1.06% | 1.11% | +8 bps | |
| Allowance Coverage of NPLs | 2.3x | 2.1x | 3.4x | 1.5x | 1.4x | -0.9x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 11.68% | 11.51% | 11.60% | 11.82% | 12.41% | +73 bps | |
| Total Risk-Based Capital | 13.48% | 13.80% | 14.85% | 15.40% | 15.08% | +160 bps | |
| Equity / Assets | 11.49% | 11.39% | 11.10% | 12.13% | 12.26% | +76 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 88.33% | 88.36% | 82.90% | 86.16% | 89.73% | +140 bps | |
| Liquid Assets / Assets | 4.66% | 4.40% | 9.87% | 7.13% | 5.18% | +52 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |