Phenix City, AL · Cert 9055
FDIC
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 2010, 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.
Phenix City, AL · Cert 9055
FDIC
Q1 2010
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 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.10% | 1.05% | 0.63% | 0.17% | 0.27% | 0.21% | 0.17% | -1.23% | -140 bps | |
| Return on Equity | 13.28% | 12.45% | 7.45% | 1.90% | 3.08% | 2.43% | 1.95% | -13.70% | -1,560 bps | |
| Net Interest Margin | 3.49% | 3.53% | 3.52% | 3.76% | 3.75% | 3.71% | 3.79% | 4.06% | +30 bps | |
| Efficiency Ratio | 58.82% | 59.49% | 61.70% | 56.10% | 62.59% | 63.38% | 62.29% | 59.94% | +385 bps | |
| Non-Interest Burden | 1.71% | 1.76% | 1.88% | 1.74% | 2.13% | 2.17% | 2.16% | 2.20% | +46 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.38% | 2.21% | -5.38% | -4.76% | -4.15% | 3.59% | -3.00% | 8.63% | +1,338 bps | |
| Loan Growth (YoY) | 4.25% | 1.59% | -4.94% | -3.77% | -0.43% | 0.16% | 0.18% | -1.44% | +234 bps | |
| Deposit Growth (YoY) | 8.86% | 17.22% | 6.09% | -12.13% | 3.69% | 7.61% | 7.66% | 23.40% | +3,553 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 | 0.11% | 0.31% | 0.53% | 0.67% | 0.45% | 0.61% | 0.67% | 4.34% | +367 bps | |
| Allowance / Loans | 1.38% | 1.31% | 1.71% | 2.08% | 2.16% | 2.50% | 2.84% | 2.99% | +91 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 | 10.40% | 10.91% | 10.67% | 10.72% | 11.12% | 10.95% | 12.19% | 11.69% | +98 bps | |
| Equity / Assets | 8.30% | 8.80% | 8.78% | 8.83% | 8.70% | 8.18% | 9.66% | 8.37% | -47 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 102.32% | 98.79% | 104.56% | 109.29% | 98.25% | 91.95% | 97.30% | 87.30% | -2,200 bps | |
| Liquid Assets / Assets | 0.07% | 0.19% | 0.18% | 0.18% | 0.15% | 0.48% | 0.12% | 0.11% | -7 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |