Lenoir City, TN · Charter 68123
Q3 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2004, the quarter ended September 30, 2004, 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.
Lenoir City, TN · Charter 68123
Q3 2004
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.70% | 1.94% | 1.18% | 0.99% | 0.54% | -1.00% | 0.42% | -3.27% | -425 bps | |
| Return on Equity | 4.32% | 11.78% | 7.66% | 6.62% | 3.74% | -7.08% | 2.93% | -22.38% | -2,900 bps | |
| Net Interest Margin | 3.47% | 4.01% | 3.20% | 3.17% | 2.65% | 1.44% | 2.58% | 3.42% | +25 bps | |
| Efficiency Ratio | 65.05% | 50.24% | 57.90% | 59.27% | 66.59% | 126.43% | 71.76% | 120.86% | +6,159 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 26.57% | 43.70% | 29.65% | 28.30% | 29.42% | 16.40% | 7.29% | -14.63% | -4,293 bps | |
| Loan Growth (YoY) | -5.38% | -12.60% | -13.77% | -15.59% | -15.94% | -11.27% | -8.01% | -8.58% | +701 bps | |
| Share Growth (YoY) | 32.62% | 49.67% | 31.70% | 30.01% | 32.27% | 19.72% | 8.78% | -14.29% | -4,430 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 9.34% | 8.22% | 11.34% | 5.62% | 10.10% | 7.33% | 6.60% | 1.98% | -364 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 3.60% | 0.74% | 0.64% | 0.36% | 0.82% | 1.24% | 1.26% | 1.30% | +94 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 16.26% | 16.44% | 15.39% | 14.94% | 14.36% | 14.07% | 14.35% | 14.59% | -34 bps | |
| Net Worth / Assets | 16.26% | 16.44% | 15.39% | 14.94% | 14.36% | 14.07% | 14.35% | 14.59% | -34 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 64.37% | 51.78% | 46.97% | 42.04% | 40.90% | 38.37% | 39.72% | 44.83% | +280 bps | |
| Liquid Assets / Assets | 46.44% | 54.96% | 58.34% | 29.74% | 16.83% | 17.92% | 14.61% | 27.30% | -245 bps | |