Morton, MS · Cert 8556
FDIC · 1 branch
Q3 2023
Market Position · Jackson, MS · 2023 SOD (annual) · 0.3% share · #22 of 32 inst. · $0.1B of $20.4B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.31% | 0.93% | 1.21% | 1.37% | 1.36% | 1.21% | 1.70% | 0.71% | -66 bps | |
| Return on Equity | 10.19% | 7.74% | 11.03% | 13.35% | 13.36% | 11.42% | 15.77% | 6.71% | -664 bps | |
| Net Interest Margin | 3.38% | 3.27% | 3.57% | 4.02% | 4.09% | 3.95% | 4.34% | 4.59% | +57 bps | |
| Efficiency Ratio | 63.62% | 69.49% | 63.74% | 63.00% | 63.37% | 65.82% | 56.52% | 81.74% | +1,874 bps | |
| Non-Interest Burden | 1.85% | 2.02% | 1.99% | 2.22% | 2.29% | 2.32% | 2.10% | 3.61% | +139 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.74% | 2.43% | -0.81% | -3.61% | -3.61% | -2.69% | -1.71% | -2.56% | +105 bps | |
| Loan Growth (YoY) | -5.65% | -6.36% | -5.45% | -3.95% | -0.87% | 3.93% | 6.91% | 9.39% | +1,334 bps | |
| Deposit Growth (YoY) | 11.02% | 4.84% | 1.93% | -0.11% | -1.11% | -2.15% | -2.02% | -3.48% | -337 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 5.93% | 5.77% | 5.33% | 4.86% | 3.60% | 3.85% | 2.66% | 0.97% | -389 bps | |
| Net Charge-Offs / Loans | 0.55% | 0.00% | -0.04% | -0.01% | 0.09% | 0.00% | -0.07% | 0.14% | +15 bps | |
| Allowance / Loans | 0.30% | 0.35% | 0.40% | 0.44% | 0.44% | 0.63% | 0.68% | 0.66% | +22 bps | |
| Allowance Coverage of NPLs | 0.1x | 0.1x | 0.1x | 0.1x | 0.1x | 0.2x | 0.3x | 0.7x | +0.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 12.35% | 12.48% | 12.52% | 13.08% | 13.48% | 13.39% | 13.65% | 13.95% | +87 bps | |
| Total Risk-Based Capital | 12.35% | 12.48% | 12.52% | 13.08% | 13.48% | 13.39% | 13.65% | 13.95% | +87 bps | |
| Equity / Assets | 12.74% | 11.23% | 10.74% | 9.79% | 10.51% | 10.70% | 10.83% | 10.31% | +52 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 59.85% | 57.06% | 57.65% | 59.01% | 60.00% | 60.61% | 62.90% | 66.88% | +787 bps | |
| Liquid Assets / Assets | 0.51% | 0.53% | 0.56% | 7.10% | 5.46% | 7.06% | 5.76% | 3.35% | -376 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |