Madison, AL · Charter 68357
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, 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.
Madison, AL · Charter 68357
Q3 2003
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 | Q2 2001 | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.55% | 0.73% | 0.39% | 0.26% | 0.20% | 0.03% | 0.02% | 0.01% | -24 bps | |
| Return on Equity | 15.55% | 6.69% | 3.82% | 2.57% | 1.93% | 0.38% | 0.19% | 0.13% | -244 bps | |
| Net Interest Margin | 4.35% | 4.94% | 4.44% | 4.53% | 4.57% | 3.98% | 4.03% | 4.13% | -40 bps | |
| Efficiency Ratio | 66.54% | 72.79% | 78.41% | 78.72% | 80.98% | 80.28% | 80.40% | 81.28% | +255 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.94% | 7.08% | 5.05% | 0.67% | -2.42% | 17.78% | 7.68% | 0.82% | +15 bps | |
| Loan Growth (YoY) | 19.96% | -0.05% | -13.59% | -19.89% | -21.72% | -17.59% | -13.76% | -17.20% | +269 bps | |
| Share Growth (YoY) | 15.07% | 14.08% | 5.28% | 1.65% | -1.77% | 18.57% | 8.59% | 0.99% | -66 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 3.27% | 3.78% | 3.84% | 3.83% | 5.41% | 5.33% | 6.77% | 5.80% | +197 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 | 1.07% | 1.43% | 1.20% | 1.18% | 1.22% | 1.53% | 1.50% | 1.38% | +20 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.97% | 10.96% | 10.12% | 10.01% | 10.19% | 9.22% | 9.41% | 9.94% | -7 bps | |
| Net Worth / Assets | 9.97% | 10.96% | 10.12% | 10.01% | 10.19% | 9.22% | 9.41% | 9.94% | -7 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 96.35% | 95.54% | 82.08% | 79.28% | 76.78% | 66.40% | 65.19% | 65.01% | -1,428 bps | |
| Liquid Assets / Assets | 9.76% | 9.78% | 13.85% | 16.67% | 7.21% | 31.89% | 31.07% | 34.86% | +1,818 bps | |