Home > First Georgia Banking Company > Performance and Condition Ratios
First Georgia Banking Company, Performance and Condition Ratios
| 2011-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.5959% | 4,963 |
| Cost of funding earning assets | 1.5771% | 887 |
| Net interest margin | 3.0188% | 6,539 |
| Noninterest income to average assets | -0.0421% | 7,346 |
| Noninterest expense to average assets | 3.0803% | 3,335 |
| Loan and lease loss provision to assets | 0.8420% | 983 |
| Net operating income to assets | -1.2806% | 7,129 |
| Return on assets (ROA) | -1.2710% | 7,130 |
| Pretax return on assets | -1.2710% | 7,085 |
| Return on Equity (ROE) | -141.5220% | 7,518 |
| Retained earnings to average equity (ytd only) | -141.5220% | 7,513 |
| Net charge-offs to loans | 0.8264% | 1,590 |
| Credit loss provision to net charge-offs | 152.8046% | 1,876 |
| Earnings coverage of net charge-offs (x) | -0.7959% | 4,868 |
| Efficiency ratio | 116.6028% | 389 |
| Assets per employee ($millions) | 4.8091% | 2,412 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,514 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 3.0379% | 885 |
| Loan loss allowance to noncurrent loans | 29.4172% | 6,333 |
| Noncurrent assets plus other real estate owned to assets | 12.0074% | 272 |
| Noncurrent loans to loans | 10.3268% | 379 |
| Net loans and leases to total assets | 65.0425% | 3,232 |
| Net loans and leases to deposits | 67.7054% | 4,716 |
| Net loans and leases to core deposits | 72.3738% | 4,740 |
| Total domestic deposits to total assets | 96.0669% | 32 |
| Equity capital to assets | 0.7889% | 7,562 |
| Core capital (leverage) ratio | 0.9210% | 7,559 |
| Tier 1 risk-based capital ratio | 1.3682% | 7,557 |
| Total risk-based capital ratio | 2.6390% | 7,557 |
| Memoranda: | ||
| Average total assets | $750,574,500 | 895 |
| Average earning assets | $667,290,500 | 912 |
| Average equity | $6,741,000 | 6,008 |
| Average total loans | $500,473,500 | 876 |
| 2010-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.8069% | 5,385 |
| Cost of funding earning assets | 1.8261% | 1,071 |
| Net interest margin | 2.9808% | 6,768 |
| Noninterest income to average assets | -0.2153% | 7,477 |
| Noninterest expense to average assets | 2.9161% | 4,159 |
| Loan and lease loss provision to assets | 2.8214% | 360 |
| Net operating income to assets | -3.2920% | 7,348 |
| Return on assets (ROA) | -3.1733% | 7,344 |
| Pretax return on assets | -3.1733% | 7,323 |
| Return on Equity (ROE) | -98.5807% | 7,591 |
| Retained earnings to average equity (ytd only) | -98.5807% | 7,591 |
| Net charge-offs to loans | 3.7447% | 359 |
| Credit loss provision to net charge-offs | 106.9775% | 4,158 |
| Earnings coverage of net charge-offs (x) | -0.1784% | 6,276 |
| Efficiency ratio | 119.2449% | 412 |
| Assets per employee ($millions) | 4.8745% | 2,317 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,950 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.8104% | 1,040 |
| Loan loss allowance to noncurrent loans | 27.1667% | 6,472 |
| Noncurrent assets plus other real estate owned to assets | 11.1799% | 333 |
| Noncurrent loans to loans | 10.3450% | 395 |
| Net loans and leases to total assets | 64.4344% | 3,776 |
| Net loans and leases to deposits | 67.1047% | 5,232 |
| Net loans and leases to core deposits | 73.2230% | 5,075 |
| Total domestic deposits to total assets | 96.0207% | 39 |
| Equity capital to assets | 1.0017% | 7,634 |
| Core capital (leverage) ratio | 1.1641% | 7,630 |
| Tier 1 risk-based capital ratio | 1.7824% | 7,626 |
| Total risk-based capital ratio | 3.0509% | 7,626 |
| Memoranda: | ||
| Average total assets | $799,354,200 | 845 |
| Average earning assets | $713,537,600 | 858 |
| Average equity | $25,731,200 | 2,480 |
| Average total loans | $562,988,200 | 799 |
| 2010-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.9224% | 5,159 |
| Cost of funding earning assets | 1.8546% | 1,193 |
| Net interest margin | 3.0678% | 6,689 |
| Noninterest income to average assets | -0.1079% | 7,546 |
| Noninterest expense to average assets | 2.8735% | 4,194 |
| Loan and lease loss provision to assets | 1.3360% | 1,031 |
| Net operating income to assets | -1.5802% | 7,129 |
| Return on assets (ROA) | -1.5107% | 7,121 |
| Pretax return on assets | -1.5107% | 7,043 |
| Return on Equity (ROE) | -40.3051% | 7,497 |
| Retained earnings to average equity (ytd only) | -40.3051% | 7,494 |
| Net charge-offs to loans | 1.6541% | 1,197 |
| Credit loss provision to net charge-offs | 113.0964% | 3,714 |
| Earnings coverage of net charge-offs (x) | -0.2067% | 6,178 |
| Efficiency ratio | 109.2846% | 539 |
| Assets per employee ($millions) | 5.1419% | 2,006 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,526 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.5612% | 1,254 |
| Loan loss allowance to noncurrent loans | 37.4675% | 5,841 |
| Noncurrent assets plus other real estate owned to assets | 8.4958% | 567 |
| Noncurrent loans to loans | 6.8357% | 840 |
| Net loans and leases to total assets | 65.5235% | 3,792 |
| Net loans and leases to deposits | 69.7772% | 5,184 |
| Net loans and leases to core deposits | 76.0205% | 5,054 |
| Total domestic deposits to total assets | 93.9038% | 72 |
| Equity capital to assets | 3.2023% | 7,687 |
| Core capital (leverage) ratio | 3.1927% | 7,665 |
| Tier 1 risk-based capital ratio | 4.6740% | 7,654 |
| Total risk-based capital ratio | 5.9398% | 7,659 |
| Memoranda: | ||
| Average total assets | $806,650,750 | 839 |
| Average earning assets | $719,769,750 | 852 |
| Average equity | $30,235,250 | 2,181 |
| Average total loans | $576,084,500 | 787 |
| 2010-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.9708% | 5,077 |
| Cost of funding earning assets | 1.8882% | 1,277 |
| Net interest margin | 3.0826% | 6,648 |
| Noninterest income to average assets | 0.1606% | 6,745 |
| Noninterest expense to average assets | 2.8121% | 4,433 |
| Loan and lease loss provision to assets | 1.6381% | 790 |
| Net operating income to assets | -1.5324% | 7,160 |
| Return on assets (ROA) | -1.4408% | 7,140 |
| Pretax return on assets | -1.4408% | 7,058 |
| Return on Equity (ROE) | -36.6725% | 7,506 |
| Retained earnings to average equity (ytd only) | -36.6725% | 7,497 |
| Net charge-offs to loans | 1.8072% | 1,031 |
| Credit loss provision to net charge-offs | 124.5109% | 3,250 |
| Earnings coverage of net charge-offs (x) | 0.0803% | 5,642 |
| Efficiency ratio | 96.3783% | 949 |
| Assets per employee ($millions) | 5.0739% | 2,090 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,319 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.5310% | 1,264 |
| Loan loss allowance to noncurrent loans | 39.1535% | 5,732 |
| Noncurrent assets plus other real estate owned to assets | 8.2566% | 581 |
| Noncurrent loans to loans | 6.4642% | 929 |
| Net loans and leases to total assets | 68.1228% | 3,335 |
| Net loans and leases to deposits | 72.8751% | 4,854 |
| Net loans and leases to core deposits | 80.2797% | 4,663 |
| Total domestic deposits to total assets | 93.4789% | 94 |
| Equity capital to assets | 3.5992% | 7,718 |
| Core capital (leverage) ratio | 3.5062% | 7,709 |
| Tier 1 risk-based capital ratio | 5.0970% | 7,693 |
| Total risk-based capital ratio | 6.3626% | 7,695 |
| Memoranda: | ||
| Average total assets | $808,154,330 | 845 |
| Average earning assets | $722,823,000 | 849 |
| Average equity | $31,751,330 | 2,080 |
| Average total loans | $588,311,000 | 766 |
| 2010-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.9800% | 5,113 |
| Cost of funding earning assets | 1.8834% | 1,515 |
| Net interest margin | 3.0966% | 6,602 |
| Noninterest income to average assets | 0.2943% | 5,789 |
| Noninterest expense to average assets | 2.8317% | 4,365 |
| Loan and lease loss provision to assets | 1.1196% | 1,093 |
| Net operating income to assets | -0.8686% | 7,049 |
| Return on assets (ROA) | -0.7572% | 7,013 |
| Pretax return on assets | -0.7572% | 6,929 |
| Return on Equity (ROE) | -18.5060% | 7,406 |
| Retained earnings to average equity (ytd only) | -18.5060% | 7,328 |
| Net charge-offs to loans | 1.2100% | 1,404 |
| Credit loss provision to net charge-offs | 124.6432% | 2,820 |
| Earnings coverage of net charge-offs (x) | 0.2794% | 4,794 |
| Efficiency ratio | 91.8599% | 1,284 |
| Assets per employee ($millions) | 5.2569% | 1,907 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,528 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.2498% | 1,663 |
| Loan loss allowance to noncurrent loans | 29.6705% | 6,420 |
| Noncurrent assets plus other real estate owned to assets | 7.7417% | 645 |
| Noncurrent loans to loans | 7.5825% | 742 |
| Net loans and leases to total assets | 69.7202% | 3,004 |
| Net loans and leases to deposits | 74.7834% | 4,627 |
| Net loans and leases to core deposits | 82.8213% | 4,378 |
| Total domestic deposits to total assets | 93.2295% | 111 |
| Equity capital to assets | 3.9289% | 7,800 |
| Core capital (leverage) ratio | 4.0377% | 7,778 |
| Tier 1 risk-based capital ratio | 5.5739% | 7,769 |
| Total risk-based capital ratio | 6.8365% | 7,771 |
| Memoranda: | ||
| Average total assets | $811,396,500 | 855 |
| Average earning assets | $730,597,500 | 858 |
| Average equity | $33,200,000 | 2,018 |
| Average total loans | $602,316,000 | 767 |
| 2009-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.4713% | 4,320 |
| Cost of funding earning assets | 2.5250% | 962 |
| Net interest margin | 2.9463% | 6,767 |
| Noninterest income to average assets | 0.0744% | 7,383 |
| Noninterest expense to average assets | 2.9098% | 4,504 |
| Loan and lease loss provision to assets | 4.0179% | 336 |
| Net operating income to assets | -4.6712% | 7,697 |
| Return on assets (ROA) | -4.5735% | 7,685 |
| Pretax return on assets | -4.1191% | 7,560 |
| Return on Equity (ROE) | -65.0211% | 7,778 |
| Retained earnings to average equity (ytd only) | -65.0211% | 7,775 |
| Net charge-offs to loans | 4.6749% | 301 |
| Credit loss provision to net charge-offs | 106.1541% | 5,221 |
| Earnings coverage of net charge-offs (x) | -0.0526% | 6,275 |
| Efficiency ratio | 107.3393% | 861 |
| Assets per employee ($millions) | 4.7437% | 2,549 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,015 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.1035% | 1,819 |
| Loan loss allowance to noncurrent loans | 26.4327% | 6,713 |
| Noncurrent assets plus other real estate owned to assets | 7.8762% | 583 |
| Noncurrent loans to loans | 7.9580% | 637 |
| Net loans and leases to total assets | 75.6545% | 1,889 |
| Net loans and leases to deposits | 81.4968% | 3,695 |
| Net loans and leases to core deposits | 120.3711% | 1,925 |
| Total domestic deposits to total assets | 92.8312% | 146 |
| Equity capital to assets | 4.2624% | 7,839 |
| Core capital (leverage) ratio | 4.2907% | 7,825 |
| Tier 1 risk-based capital ratio | 5.6483% | 7,834 |
| Total risk-based capital ratio | 6.9092% | 7,838 |
| Memoranda: | ||
| Average total assets | $800,675,200 | 858 |
| Average earning assets | $716,467,000 | 873 |
| Average equity | $56,318,600 | 1,167 |
| Average total loans | $648,252,000 | 724 |
| 2009-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.5973% | 3,877 |
| Cost of funding earning assets | 2.7001% | 791 |
| Net interest margin | 2.8972% | 6,868 |
| Noninterest income to average assets | 0.1106% | 7,349 |
| Noninterest expense to average assets | 2.9808% | 4,124 |
| Loan and lease loss provision to assets | 2.9975% | 494 |
| Net operating income to assets | -2.4627% | 7,461 |
| Return on assets (ROA) | -2.3727% | 7,426 |
| Pretax return on assets | -3.1587% | 7,544 |
| Return on Equity (ROE) | -30.7434% | 7,623 |
| Retained earnings to average equity (ytd only) | -30.7434% | 7,607 |
| Net charge-offs to loans | 2.8057% | 629 |
| Credit loss provision to net charge-offs | 130.4895% | 3,838 |
| Earnings coverage of net charge-offs (x) | -0.1225% | 6,210 |
| Efficiency ratio | 110.4220% | 761 |
| Assets per employee ($millions) | 4.4642% | 2,919 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,688 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.3990% | 1,167 |
| Loan loss allowance to noncurrent loans | 68.0549% | 3,905 |
| Noncurrent assets plus other real estate owned to assets | 4.7415% | 1,255 |
| Noncurrent loans to loans | 3.5251% | 2,124 |
| Net loans and leases to total assets | 79.3139% | 1,323 |
| Net loans and leases to deposits | 86.2405% | 3,265 |
| Net loans and leases to core deposits | 121.4349% | 2,126 |
| Total domestic deposits to total assets | 91.9683% | 184 |
| Equity capital to assets | 7.2624% | 7,451 |
| Core capital (leverage) ratio | 6.5028% | 7,675 |
| Tier 1 risk-based capital ratio | 8.2114% | 7,762 |
| Total risk-based capital ratio | 9.4764% | 7,782 |
| Memoranda: | ||
| Average total assets | $802,794,000 | 863 |
| Average earning assets | $717,374,500 | 881 |
| Average equity | $61,956,500 | 1,082 |
| Average total loans | $657,261,750 | 731 |
| 2009-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.6121% | 4,012 |
| Cost of funding earning assets | 2.9267% | 573 |
| Net interest margin | 2.6855% | 7,235 |
| Noninterest income to average assets | 0.2165% | 6,751 |
| Noninterest expense to average assets | 2.9094% | 4,466 |
| Loan and lease loss provision to assets | 1.5435% | 1,104 |
| Net operating income to assets | -1.1433% | 7,081 |
| Return on assets (ROA) | -1.0294% | 7,005 |
| Pretax return on assets | -1.6610% | 7,152 |
| Return on Equity (ROE) | -13.0902% | 7,230 |
| Retained earnings to average equity (ytd only) | -13.0902% | 7,120 |
| Net charge-offs to loans | 1.9391% | 961 |
| Credit loss provision to net charge-offs | 96.9899% | 4,705 |
| Earnings coverage of net charge-offs (x) | -0.1857% | 5,872 |
| Efficiency ratio | 111.3074% | 815 |
| Assets per employee ($millions) | 4.5417% | 2,710 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,532 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.6734% | 2,435 |
| Loan loss allowance to noncurrent loans | 41.7722% | 5,567 |
| Noncurrent assets plus other real estate owned to assets | 5.0298% | 1,049 |
| Noncurrent loans to loans | 4.0059% | 1,692 |
| Net loans and leases to total assets | 79.9849% | 1,315 |
| Net loans and leases to deposits | 90.4659% | 2,755 |
| Net loans and leases to core deposits | 122.2574% | 2,188 |
| Total domestic deposits to total assets | 88.4144% | 1,570 |
| Equity capital to assets | 7.8725% | 6,889 |
| Core capital (leverage) ratio | 7.7083% | 6,745 |
| Tier 1 risk-based capital ratio | 9.4589% | 7,427 |
| Total risk-based capital ratio | 10.7143% | 7,376 |
| Memoranda: | ||
| Average total assets | $809,982,000 | 866 |
| Average earning assets | $723,077,670 | 884 |
| Average equity | $63,696,670 | 1,064 |
| Average total loans | $664,731,000 | 742 |
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.5365% | 4,718 |
| Cost of funding earning assets | 3.1441% | 404 |
| Net interest margin | 2.3925% | 7,625 |
| Noninterest income to average assets | 0.3772% | 5,411 |
| Noninterest expense to average assets | 2.8249% | 4,446 |
| Loan and lease loss provision to assets | 0.9389% | 1,382 |
| Net operating income to assets | -0.7613% | 7,106 |
| Return on assets (ROA) | -0.5387% | 6,961 |
| Pretax return on assets | -0.8723% | 7,079 |
| Return on Equity (ROE) | -6.8535% | 7,134 |
| Retained earnings to average equity (ytd only) | -6.8535% | 6,780 |
| Net charge-offs to loans | 0.8590% | 1,521 |
| Credit loss provision to net charge-offs | 132.6192% | 3,050 |
| Earnings coverage of net charge-offs (x) | -0.3974% | 5,217 |
| Efficiency ratio | 111.0598% | 782 |
| Assets per employee ($millions) | 4.4236% | 2,840 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,832 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.7284% | 2,046 |
| Loan loss allowance to noncurrent loans | 40.2785% | 5,855 |
| Noncurrent assets plus other real estate owned to assets | 4.8573% | 950 |
| Noncurrent loans to loans | 4.2912% | 1,370 |
| Net loans and leases to total assets | 80.2265% | 1,337 |
| Net loans and leases to deposits | 87.2254% | 3,431 |
| Net loans and leases to core deposits | 124.1185% | 2,072 |
| Total domestic deposits to total assets | 91.9761% | 190 |
| Equity capital to assets | 7.8075% | 7,058 |
| Core capital (leverage) ratio | 7.3365% | 7,338 |
| Tier 1 risk-based capital ratio | 9.2319% | 7,646 |
| Total risk-based capital ratio | 10.4882% | 7,625 |
| Memoranda: | ||
| Average total assets | $817,573,000 | 867 |
| Average earning assets | $740,317,000 | 863 |
| Average equity | $64,259,500 | 1,058 |
| Average total loans | $673,827,000 | 740 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.3223% | 3,843 |
| Cost of funding earning assets | 3.3930% | 724 |
| Net interest margin | 2.9293% | 7,083 |
| Noninterest income to average assets | 0.3257% | 6,118 |
| Noninterest expense to average assets | 2.9520% | 4,253 |
| Loan and lease loss provision to assets | 1.1627% | 1,248 |
| Net operating income to assets | -0.6870% | 7,057 |
| Return on assets (ROA) | -0.6263% | 6,915 |
| Pretax return on assets | -0.9908% | 6,993 |
| Return on Equity (ROE) | -7.3528% | 7,076 |
| Retained earnings to average equity (ytd only) | -7.3528% | 6,815 |
| Net charge-offs to loans | 0.6632% | 1,866 |
| Credit loss provision to net charge-offs | 213.8676% | 2,258 |
| Earnings coverage of net charge-offs (x) | 0.1420% | 6,163 |
| Efficiency ratio | 97.4509% | 1,080 |
| Assets per employee ($millions) | 4.2995% | 2,960 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,825 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.6120% | 2,190 |
| Loan loss allowance to noncurrent loans | 29.8771% | 6,711 |
| Noncurrent assets plus other real estate owned to assets | 5.2140% | 647 |
| Noncurrent loans to loans | 5.3955% | 771 |
| Net loans and leases to total assets | 81.8504% | 1,258 |
| Net loans and leases to deposits | 91.1014% | 3,273 |
| Net loans and leases to core deposits | 134.0298% | 1,595 |
| Total domestic deposits to total assets | 89.8454% | 714 |
| Equity capital to assets | 7.9116% | 6,952 |
| Core capital (leverage) ratio | 7.5524% | 7,140 |
| Tier 1 risk-based capital ratio | 9.2947% | 7,528 |
| Total risk-based capital ratio | 10.5495% | 7,447 |
| Memoranda: | ||
| Average total assets | $766,666,200 | 887 |
| Average earning assets | $707,570,000 | 863 |
| Average equity | $65,308,800 | 1,026 |
| Average total loans | $628,482,200 | 760 |