Home > First Choice Community Bank 1874 > Performance and Condition Ratios
First Choice Community Bank 1874, Performance and Condition Ratios
| 2009-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.9045% | 2,210 |
| Cost of funding earning assets | 3.0568% | 193 |
| Net interest margin | 2.8477% | 6,977 |
| Noninterest income to average assets | -0.5516% | 7,951 |
| Noninterest expense to average assets | 2.8640% | 4,684 |
| Loan and lease loss provision to assets | 0.9151% | 2,461 |
| Net operating income to assets | -1.1705% | 6,696 |
| Return on assets (ROA) | -1.1637% | 6,692 |
| Pretax return on assets | -1.8840% | 6,895 |
| Return on Equity (ROE) | -14.0237% | 6,879 |
| Retained earnings to average equity (ytd only) | -14.0237% | 6,819 |
| Net charge-offs to loans | 1.1542% | 2,120 |
| Credit loss provision to net charge-offs | 95.7929% | 5,784 |
| Earnings coverage of net charge-offs (x) | -1.0254% | 6,884 |
| Efficiency ratio | 147.9728% | 329 |
| Assets per employee ($millions) | 4.7118% | 2,599 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,015 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.4461% | 4,001 |
| Loan loss allowance to noncurrent loans | 749.3075% | 458 |
| Noncurrent assets plus other real estate owned to assets | 2.8511% | 2,460 |
| Noncurrent loans to loans | 0.1930% | 6,941 |
| Net loans and leases to total assets | 78.2509% | 1,331 |
| Net loans and leases to deposits | 85.1691% | 3,052 |
| Net loans and leases to core deposits | 113.7547% | 2,523 |
| Total domestic deposits to total assets | 91.8770% | 284 |
| Equity capital to assets | 7.9163% | 6,657 |
| Core capital (leverage) ratio | 7.4678% | 6,820 |
| Tier 1 risk-based capital ratio | 8.7954% | 7,539 |
| Total risk-based capital ratio | 10.0464% | 7,568 |
| Memoranda: | ||
| Average total assets | $226,431,800 | 2,863 |
| Average earning assets | $193,699,800 | 3,053 |
| Average equity | $18,789,600 | 3,377 |
| Average total loans | $187,397,600 | 2,432 |
| 2009-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.8547% | 2,647 |
| Cost of funding earning assets | 3.1568% | 210 |
| Net interest margin | 2.6979% | 7,206 |
| Noninterest income to average assets | -0.6216% | 8,054 |
| Noninterest expense to average assets | 2.7244% | 5,219 |
| Loan and lease loss provision to assets | 1.0184% | 1,888 |
| Net operating income to assets | -1.2554% | 6,992 |
| Return on assets (ROA) | -1.2527% | 6,994 |
| Pretax return on assets | -2.0171% | 7,190 |
| Return on Equity (ROE) | -14.9164% | 7,185 |
| Retained earnings to average equity (ytd only) | -14.9164% | 7,128 |
| Net charge-offs to loans | 1.1613% | 1,746 |
| Credit loss provision to net charge-offs | 104.8377% | 4,846 |
| Earnings coverage of net charge-offs (x) | -1.0325% | 6,634 |
| Efficiency ratio | 157.8784% | 278 |
| Assets per employee ($millions) | 4.8219% | 2,368 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,688 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.5119% | 3,370 |
| Loan loss allowance to noncurrent loans | 95.6420% | 2,889 |
| Noncurrent assets plus other real estate owned to assets | 4.2853% | 1,450 |
| Noncurrent loans to loans | 1.5808% | 4,267 |
| Net loans and leases to total assets | 79.2644% | 1,334 |
| Net loans and leases to deposits | 87.0067% | 3,142 |
| Net loans and leases to core deposits | 114.3218% | 2,799 |
| Total domestic deposits to total assets | 91.1015% | 384 |
| Equity capital to assets | 8.1194% | 6,721 |
| Core capital (leverage) ratio | 8.0985% | 6,187 |
| Tier 1 risk-based capital ratio | 9.0291% | 7,611 |
| Total risk-based capital ratio | 10.2809% | 7,618 |
| Memoranda: | ||
| Average total assets | $224,142,000 | 2,903 |
| Average earning assets | $194,666,250 | 3,060 |
| Average equity | $18,824,500 | 3,398 |
| Average total loans | $187,482,750 | 2,457 |
| 2009-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.8072% | 3,010 |
| Cost of funding earning assets | 3.2532% | 234 |
| Net interest margin | 2.5540% | 7,411 |
| Noninterest income to average assets | -0.9550% | 8,154 |
| Noninterest expense to average assets | 2.7706% | 5,088 |
| Loan and lease loss provision to assets | 1.4766% | 1,167 |
| Net operating income to assets | -1.8060% | 7,367 |
| Return on assets (ROA) | -1.8019% | 7,361 |
| Pretax return on assets | -2.9187% | 7,553 |
| Return on Equity (ROE) | -21.2033% | 7,536 |
| Retained earnings to average equity (ytd only) | -21.2033% | 7,491 |
| Net charge-offs to loans | 1.4717% | 1,289 |
| Credit loss provision to net charge-offs | 118.3540% | 3,928 |
| Earnings coverage of net charge-offs (x) | -1.1610% | 6,262 |
| Efficiency ratio | 209.0722% | 175 |
| Assets per employee ($millions) | 4.5089% | 2,759 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,532 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.6506% | 2,521 |
| Loan loss allowance to noncurrent loans | 90.3915% | 3,166 |
| Noncurrent assets plus other real estate owned to assets | 4.7855% | 1,146 |
| Noncurrent loans to loans | 1.8260% | 3,772 |
| Net loans and leases to total assets | 82.2013% | 925 |
| Net loans and leases to deposits | 90.3341% | 2,783 |
| Net loans and leases to core deposits | 113.8153% | 2,927 |
| Total domestic deposits to total assets | 90.9970% | 452 |
| Equity capital to assets | 8.7291% | 5,714 |
| Core capital (leverage) ratio | 8.4629% | 5,508 |
| Tier 1 risk-based capital ratio | 9.1955% | 7,594 |
| Total risk-based capital ratio | 10.4484% | 7,593 |
| Memoranda: | ||
| Average total assets | $220,097,670 | 2,975 |
| Average earning assets | $196,238,000 | 3,054 |
| Average equity | $18,704,670 | 3,438 |
| Average total loans | $186,591,330 | 2,497 |
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.0802% | 2,018 |
| Cost of funding earning assets | 3.3644% | 223 |
| Net interest margin | 2.7159% | 7,169 |
| Noninterest income to average assets | -2.0339% | 8,232 |
| Noninterest expense to average assets | 2.5328% | 5,722 |
| Loan and lease loss provision to assets | 2.8223% | 395 |
| Net operating income to assets | -3.0918% | 7,859 |
| Return on assets (ROA) | -3.0918% | 7,860 |
| Pretax return on assets | -4.9564% | 7,981 |
| Return on Equity (ROE) | -36.8850% | 7,960 |
| Retained earnings to average equity (ytd only) | -36.8850% | 7,933 |
| Net charge-offs to loans | 2.7554% | 475 |
| Credit loss provision to net charge-offs | 119.9690% | 3,284 |
| Earnings coverage of net charge-offs (x) | -0.9071% | 5,341 |
| Efficiency ratio | 633.3333% | 30 |
| Assets per employee ($millions) | 4.5077% | 2,707 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,832 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.6469% | 2,321 |
| Loan loss allowance to noncurrent loans | 220.8243% | 1,518 |
| Noncurrent assets plus other real estate owned to assets | 3.6618% | 1,446 |
| Noncurrent loans to loans | 0.7458% | 5,563 |
| Net loans and leases to total assets | 82.5757% | 919 |
| Net loans and leases to deposits | 89.9355% | 2,940 |
| Net loans and leases to core deposits | 110.2801% | 3,397 |
| Total domestic deposits to total assets | 91.8167% | 210 |
| Equity capital to assets | 7.9624% | 6,868 |
| Core capital (leverage) ratio | 7.8007% | 6,743 |
| Tier 1 risk-based capital ratio | 8.4164% | 7,956 |
| Total risk-based capital ratio | 9.6694% | 7,992 |
| Memoranda: | ||
| Average total assets | $219,677,500 | 2,990 |
| Average earning assets | $196,769,000 | 3,054 |
| Average equity | $18,414,000 | 3,495 |
| Average total loans | $187,556,000 | 2,499 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.5611% | 2,664 |
| Cost of funding earning assets | 3.7411% | 237 |
| Net interest margin | 2.8199% | 7,298 |
| Noninterest income to average assets | -0.0255% | 8,170 |
| Noninterest expense to average assets | 2.7684% | 4,962 |
| Loan and lease loss provision to assets | 0.9442% | 1,567 |
| Net operating income to assets | -0.7118% | 7,073 |
| Return on assets (ROA) | -0.6659% | 6,942 |
| Pretax return on assets | -1.0926% | 7,055 |
| Return on Equity (ROE) | -7.4402% | 7,085 |
| Retained earnings to average equity (ytd only) | -7.4402% | 6,826 |
| Net charge-offs to loans | 0.7553% | 1,641 |
| Credit loss provision to net charge-offs | 144.5731% | 3,654 |
| Earnings coverage of net charge-offs (x) | -0.3372% | 6,435 |
| Efficiency ratio | 108.3828% | 747 |
| Assets per employee ($millions) | 4.4588% | 2,682 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,825 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.4742% | 2,806 |
| Loan loss allowance to noncurrent loans | 111.1730% | 3,149 |
| Noncurrent assets plus other real estate owned to assets | 4.6572% | 788 |
| Noncurrent loans to loans | 1.3260% | 3,861 |
| Net loans and leases to total assets | 85.5332% | 660 |
| Net loans and leases to deposits | 93.9995% | 2,756 |
| Net loans and leases to core deposits | 113.7182% | 3,370 |
| Total domestic deposits to total assets | 90.9932% | 331 |
| Equity capital to assets | 8.8068% | 5,641 |
| Core capital (leverage) ratio | 8.7878% | 5,059 |
| Tier 1 risk-based capital ratio | 9.0878% | 7,727 |
| Total risk-based capital ratio | 10.3390% | 7,690 |
| Memoranda: | ||
| Average total assets | $211,602,400 | 2,992 |
| Average earning assets | $193,124,200 | 2,991 |
| Average equity | $18,937,600 | 3,408 |
| Average total loans | $182,969,400 | 2,474 |