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Planters Bank of Maury City

Maury City, TN · Cert 6106

FDIC · 6 branches

Q2 2016

$1.2BAssets
$982.1MLoans
$967.3MDeposits
$121.1MEquity
Loan mix
53%RE $395.6M45%C&I $340.5M2%Consumer $14.8MQ3 2014Q2 2016
Deposit mix
77%Interest-bearing $741.6M23%Noninterest $225.7MQ3 2014Q2 2016

Market Position · Nashville-Davidson--Murfreesboro--Franklin, TN · 2016 SOD (annual) · 1.9% share · #12 of 65 inst. · $1.0B of $52.2B

3.0% Davidson
0.8% Williamson

Executive Summary

  • Earnings: ROA of 0.74%, up 5 bps year over year; NIM at 3.14%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 9.89%, down 52 bps from a year ago.
  • Funding: loans stand at 101.53% of deposits as of Q2 2016.

Return on Assets (YTD, annualized)

0.74%+5 bps YoY

Net Interest Margin (YTD, annualized)

3.14%+4 bps YoY

Efficiency Ratio (YTD, annualized)

67.48%-159 bps YoY

Tier 1 Leverage Ratio

9.89%-52 bps YoY

NIM

3.43%Q2 ’143.45%Q2 ’153.58%Q2 ’16+3%+1%

Non-interest income vs. expense

2.57%Q2 ’142.60%Q2 ’152.47%Q2 ’16-10%+0%

Year to date, annualized, through each quarter.

MetricQ3 2014Q4 2014Q1 2015Q2 2015Q3 2015Q4 2015Q1 2016Q2 2016YoY ΔTrend
Earnings
Return on Assets0.61%0.59%0.67%0.69%0.72%0.75%0.68%0.74%+5 bps
Return on Equity6.69%6.45%6.81%6.94%7.14%7.50%6.96%7.53%+59 bps
Net Interest Margin3.03%2.99%3.13%3.11%3.07%3.01%3.15%3.14%+4 bps
Efficiency Ratio71.18%71.77%71.33%69.07%68.03%67.19%67.30%67.48%-159 bps
Non-Interest Burden1.99%1.99%2.05%1.93%1.87%1.80%1.91%1.94%+1 bps
Growth
Asset Growth (YoY)15.79%12.14%10.04%12.65%13.85%16.82%16.26%13.78%+112 bps
Loan Growth (YoY)26.75%24.68%16.75%16.71%26.16%19.98%28.32%22.80%+609 bps
Deposit Growth (YoY)22.32%16.48%10.64%8.57%9.77%18.02%18.42%13.53%+497 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.05%0.00%0.05%0.08%0.06%-0.02%-0.01%-7 bps
Allowance / Loans1.28%1.18%1.16%1.16%1.16%1.16%1.13%1.13%-3 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/a10.64%10.41%10.20%10.05%9.77%9.89%-52 bps
Total Risk-Based Capital12.49%11.80%13.68%13.03%12.72%12.23%11.53%11.52%-151 bps
Equity / Assets9.21%9.18%10.53%10.15%10.19%9.80%9.82%9.89%-26 bps
Liquidity & Funding
Loans / Deposits80.16%87.72%91.81%93.87%92.13%89.18%99.49%101.53%+766 bps
Liquid Assets / Assets5.36%0.32%1.74%0.38%0.51%2.06%1.19%2.33%+195 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a