PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Monroe County Bank, The

Monroeville, AL · Cert 9611

FDIC

Q1 2004

$126.9MAssets
$44.3MLoans
$108.6MDeposits
$16.2MEquity
Loan mix
44%RE $11.9M56%C&I $15.3M0%Consumer $0.0MQ2 2002Q1 2004
Deposit mix
85%Interest-bearing $92.0M15%Noninterest $16.6MQ2 2002Q1 2004

Executive Summary

  • Earnings: ROA of 1.77%, up 33 bps year over year; NIM at 3.15%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
  • Funding: loans stand at 40.82% of deposits as of Q1 2004.

Return on Assets (YTD, annualized)

1.77%+33 bps YoY

Net Interest Margin (YTD, annualized)

3.15%+18 bps YoY

Efficiency Ratio (YTD, annualized)

47.69%-384 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.20%Q1 ’024.28%Q1 ’034.01%Q1 ’04-15%+6%

Non-interest income vs. expense

1.97%Q1 ’021.89%Q1 ’031.76%Q1 ’04-19%+3%

Year to date, annualized, through each quarter.

MetricQ2 2002Q3 2002Q4 2002Q1 2003Q2 2003Q3 2003Q4 2003Q1 2004YoY ΔTrend
Earnings
Return on Assets1.60%1.69%1.59%1.44%1.51%1.41%1.44%1.77%+33 bps
Return on Equity10.65%11.22%10.70%10.28%10.64%9.91%10.37%14.19%+391 bps
Net Interest Margin3.43%3.36%3.14%2.96%2.92%2.96%2.98%3.15%+18 bps
Efficiency Ratio50.30%51.12%51.53%51.53%50.56%51.60%50.14%47.69%-384 bps
Non-Interest Burden1.48%1.48%1.38%1.18%1.13%1.21%1.19%1.22%+4 bps
Growth
Asset Growth (YoY)-1.68%4.00%12.05%11.50%10.13%3.65%-5.16%-4.74%-1,624 bps
Loan Growth (YoY)-17.18%-18.81%-16.12%-8.87%-6.45%1.64%2.25%-3.46%+541 bps
Deposit Growth (YoY)-1.83%1.20%12.38%10.64%9.42%8.23%-2.80%-2.34%-1,299 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.08%0.01%-0.02%0.00%0.03%0.00%-0.01%-0.02%-2 bps
Allowance / Loans1.43%1.46%1.55%1.49%1.48%1.46%1.52%1.56%+7 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital16.95%17.93%17.95%17.84%17.94%18.11%14.76%15.42%-242 bps
Equity / Assets14.97%15.25%14.02%14.06%14.55%14.41%12.22%12.74%-132 bps
Liquidity & Funding
Loans / Deposits48.50%46.13%39.33%41.29%41.47%43.32%41.38%40.82%-47 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a