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 (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.37% | 1.28% | 1.30% | 0.87% | 0.96% | 1.03% | 1.05% | -0.58% | -145 bps | |
| Return on Equity | 11.17% | 10.53% | 10.75% | 7.40% | 8.29% | 8.91% | 8.99% | -4.74% | -1,215 bps | |
| Net Interest Margin | 2.99% | 3.08% | 3.12% | 3.00% | 2.91% | 2.77% | 2.70% | 2.56% | -43 bps | |
| Efficiency Ratio | 54.62% | 56.06% | 54.66% | 61.68% | 62.41% | 62.09% | 62.44% | 122.13% | +6,045 bps | |
| Non-Interest Burden | 1.23% | 1.42% | 1.38% | 1.57% | 1.55% | 1.45% | 1.41% | 3.31% | +174 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.26% | 1.77% | -0.45% | 1.36% | 2.70% | 3.16% | 0.83% | -5.91% | -728 bps | |
| Loan Growth (YoY) | 12.87% | 12.68% | 15.03% | 13.20% | 3.75% | -0.20% | -2.35% | -5.70% | -1,890 bps | |
| Deposit Growth (YoY) | -5.37% | -1.48% | -0.29% | -0.16% | 3.20% | 6.20% | -0.52% | -7.17% | -701 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.11% | 0.33% | 0.50% | 0.46% | 0.50% | 0.31% | 0.68% | 0.81% | +35 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.01% | 0.02% | 0.03% | 0.03% | 0.04% | 0.03% | 0.05% | +2 bps | |
| Allowance / Loans | 0.93% | 0.96% | 1.01% | 1.03% | 1.06% | 1.04% | 1.06% | 1.11% | +8 bps | |
| Allowance Coverage of NPLs | 8.5x | 2.9x | 2.0x | 2.3x | 2.1x | 3.4x | 1.5x | 1.4x | -0.9x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.66% | 11.79% | 12.10% | 11.68% | 11.51% | 11.60% | 11.82% | 12.41% | +73 bps | |
| Total Risk-Based Capital | 14.34% | 14.16% | 14.22% | 13.48% | 13.80% | 14.85% | 15.40% | 15.08% | +160 bps | |
| Equity / Assets | 12.12% | 11.54% | 12.06% | 11.49% | 11.39% | 11.10% | 12.13% | 12.26% | +76 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.89% | 88.22% | 87.77% | 88.33% | 88.36% | 82.90% | 86.16% | 89.73% | +140 bps | |
| Liquid Assets / Assets | 2.53% | 5.25% | 3.43% | 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 | n/a | n/a | n/a |