PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Colonial Bank

Montgomery, AL · Cert 9609

FDIC

Q2 2009

$25.5BAssets
$16.7BLoans
$20.0BDeposits
$914.5MEquity
Loan mix
95%RE $14.9B4%C&I $0.7B0%Consumer $0.0BQ2 2008Q2 2009
Deposit mix
83%Interest-bearing $16.7B17%Noninterest $3.4BQ2 2008Q2 2009

NIM

6.66%Q2 ’075.12%Q2 ’084.18%Q2 ’09-22%-29%

Non-interest income vs. expense

2.40%Q2 ’072.42%Q2 ’083.86%Q2 ’09+12%+124%

Executive Summary

  • Earnings: ROA of -8.79%, down 872 bps year over year; NIM at 1.88%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 5.00%.
  • Funding: loans stand at 83.56% of deposits as of Q2 2009.

Financial Results

Return on Assets (quarter, annualized)

-8.79%-872 bps YoY

Net Interest Margin (quarter, annualized)

1.88%-75 bps YoY

Efficiency Ratio (quarter, annualized)

127.70%+5,889 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets-0.06%-0.94%-12.51%-2.55%-8.79%-872 bps
Return on Equity-0.71%-9.95%-165.94%-45.55%-190.42%-18,971 bps
Net Interest Margin2.63%2.63%2.22%1.91%1.88%-75 bps
Efficiency Ratio68.81%70.85%88.00%80.45%127.70%+5,889 bps
Non-Interest Burden1.63%1.71%10.65%1.90%3.65%+202 bps
Growth
Asset Growth (YoY)9.31%7.05%-1.15%-3.43%-2.05%-1,136 bps
Loan Growth (YoY)-0.27%4.73%-5.58%-11.41%-4.20%-393 bps
Deposit Growth (YoY)8.14%10.80%2.44%7.97%11.10%+296 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.67%2.82%10.06%3.11%5.00%+333 bps
Allowance / Loansn/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital12.65%12.70%11.37%10.78%9.21%-344 bps
Equity / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits96.90%94.63%88.89%83.27%83.56%-1,334 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.63%+63 bps
CRE / Total Capitaln/an/an/an/an/an/an/a