Spencer, TN · Cert 6092
FDIC
Q2 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2011, the quarter ended June 30, 2011, 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.
Spencer, TN · Cert 6092
FDIC
Q2 2011
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 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.09% | -5.76% | -13.21% | -4.33% | -2.65% | -2.80% | 0.33% | 0.20% | +452 bps | |
| Return on Equity | 8.36% | -48.30% | -250% | -83.75% | -51.16% | -57.21% | 8.75% | 4.96% | +8,870 bps | |
| Net Interest Margin | 4.43% | 4.07% | 4.19% | 4.82% | 4.40% | 4.06% | 3.38% | 3.46% | -136 bps | |
| Efficiency Ratio | 60.78% | 72.78% | 66.85% | 51.78% | 60.86% | 67.41% | 91.53% | 95.08% | +4,330 bps | |
| Non-Interest Burden | 2.39% | 2.78% | 2.61% | 1.81% | 2.27% | 2.38% | 3.07% | 3.27% | +146 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.96% | 2.62% | -0.77% | -3.13% | -1.52% | 3.23% | 3.18% | 2.29% | +542 bps | |
| Loan Growth (YoY) | 6.10% | -4.21% | -5.82% | -6.45% | -8.72% | -2.80% | -4.55% | -6.86% | -41 bps | |
| Deposit Growth (YoY) | 6.70% | 10.35% | 10.17% | 6.11% | 8.22% | 7.30% | 3.09% | 2.94% | -317 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 | 0.98% | 11.30% | 22.69% | 11.72% | 7.75% | 6.35% | -0.03% | 0.10% | -1,162 bps | |
| Allowance / Loans | 1.29% | 3.31% | 3.33% | 3.28% | 3.41% | 4.29% | 4.38% | 4.42% | +114 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 | 22.05% | 12.66% | 6.98% | 9.02% | 9.34% | 8.27% | 8.40% | 8.63% | -38 bps | |
| Equity / Assets | 13.31% | 7.13% | 3.52% | 4.93% | 5.21% | 3.75% | 3.75% | 4.39% | -54 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.14% | 71.43% | 65.61% | 68.88% | 66.75% | 64.71% | 60.75% | 62.33% | -656 bps | |
| Liquid Assets / Assets | 1.56% | 1.66% | 1.11% | 1.11% | 0.56% | 3.06% | 0.00% | 3.18% | +208 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |