Nashville, TN · Cert 59101
FDIC · 5 branches
Q2 2024
Market Position · Nashville-Davidson--Murfreesboro--Franklin, TN · 2024 SOD (annual) · 0.5% share · #29 of 65 inst. · $0.5B of $93.0B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.33% | -1.77% | -0.67% | -2.36% | -2.82% | -0.92% | 0.21% | -0.05% | +231 bps | |
| Return on Equity | 3.77% | -19.68% | -7.88% | -28.68% | -36.39% | -11.16% | 2.29% | -0.53% | +2,815 bps | |
| Net Interest Margin | 4.14% | 3.79% | 3.29% | 3.08% | 2.93% | 2.93% | 2.85% | 2.92% | -16 bps | |
| Efficiency Ratio | 84.85% | 94.69% | 109.37% | 109.92% | 176.21% | 131.84% | 90.02% | 101.75% | -817 bps | |
| Non-Interest Burden | 3.44% | 3.58% | 3.61% | 3.41% | 5.32% | 3.92% | 2.55% | 2.97% | -44 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.29% | 17.57% | 17.39% | 17.85% | 30.38% | 20.08% | 3.76% | -1.62% | -1,947 bps | |
| Loan Growth (YoY) | 7.88% | 12.00% | 15.33% | 27.00% | 29.42% | 13.72% | 4.69% | -7.96% | -3,496 bps | |
| Deposit Growth (YoY) | 17.44% | 12.50% | 8.21% | 9.20% | 24.98% | 12.53% | 9.04% | 1.58% | -763 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.01% | 0.06% | 0.17% | 0.15% | 0.01% | 0.00% | -6 bps | |
| Net Charge-Offs / Loans | 0.25% | 0.14% | 0.08% | 1.99% | 0.41% | 0.12% | -0.15% | 0.12% | -186 bps | |
| Allowance / Loans | 1.08% | 1.08% | 1.13% | 1.20% | 1.18% | 1.19% | 1.24% | 1.26% | +5 bps | |
| Allowance Coverage of NPLs | n/a | n/a | 214.8x | 20.3x | 7.0x | 8.0x | 159.8x | 302.1x | +281.8x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.50% | 9.97% | 9.83% | 9.02% | 9.17% | 10.06% | 10.10% | 10.24% | +121 bps | |
| Total Risk-Based Capital | 10.50% | 9.97% | 9.83% | 9.02% | 9.17% | 12.39% | 12.93% | 13.53% | +451 bps | |
| Equity / Assets | 9.54% | 8.43% | 8.58% | 7.87% | 7.66% | 8.84% | 9.60% | 9.74% | +187 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.49% | 88.35% | 90.73% | 94.18% | 84.39% | 89.28% | 87.11% | 85.35% | -884 bps | |
| Liquid Assets / Assets | 7.46% | 3.09% | 5.61% | 3.30% | 12.10% | 12.57% | 7.51% | 9.73% | +643 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |