Somerville, TN · Cert 9174
FDIC
Q4 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2013, the quarter ended December 31, 2013, 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.
Somerville, TN · Cert 9174
FDIC
Q4 2013
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 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.66% | 0.62% | 0.63% | 0.61% | 0.59% | 0.60% | 0.60% | 0.57% | -3 bps | |
| Return on Equity | 6.03% | 5.56% | 5.63% | 5.47% | 5.40% | 5.50% | 5.46% | 5.30% | -16 bps | |
| Net Interest Margin | 2.51% | 2.54% | 2.54% | 2.50% | 2.32% | 2.40% | 2.37% | 2.32% | -19 bps | |
| Efficiency Ratio | 65.79% | 66.82% | 67.64% | 68.97% | 69.24% | 67.83% | 67.58% | 67.56% | -140 bps | |
| Non-Interest Burden | 1.51% | 1.59% | 1.62% | 1.65% | 1.53% | 1.56% | 1.53% | 1.50% | -16 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.01% | 3.27% | 3.42% | 2.56% | 0.74% | 2.70% | 5.17% | 8.28% | +572 bps | |
| Loan Growth (YoY) | -4.45% | -4.83% | -2.45% | -1.27% | 0.19% | 0.05% | -2.27% | -3.94% | -267 bps | |
| Deposit Growth (YoY) | 3.32% | 3.33% | 3.54% | 2.10% | 1.43% | 2.90% | 5.57% | 10.08% | +799 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 | 0.08% | 0.05% | 0.01% | 0.00% | 0.16% | 0.07% | 0.11% | 0.10% | +10 bps | |
| Allowance / Loans | 1.44% | 1.46% | 1.40% | 1.31% | 1.21% | 1.21% | 1.13% | 1.14% | -18 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 | 22.30% | 22.84% | 22.79% | 22.67% | 22.76% | 22.76% | 22.87% | 22.49% | -17 bps | |
| Equity / Assets | 11.01% | 11.23% | 11.31% | 10.86% | 11.01% | 11.04% | 10.97% | 10.34% | -52 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 52.34% | 52.07% | 53.80% | 52.18% | 51.71% | 50.63% | 49.81% | 45.54% | -665 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |