Home > Freedom Bank of Georgia > Performance and Condition Ratios
Freedom Bank of Georgia, Performance and Condition Ratios
| 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 | 5.9014% | 6,027 |
| Cost of funding earning assets | 4.1292% | 64 |
| Net interest margin | 1.7722% | 8,135 |
| Noninterest income to average assets | 0.1585% | 7,288 |
| Noninterest expense to average assets | 3.0762% | 3,800 |
| Loan and lease loss provision to assets | 4.1896% | 152 |
| Net operating income to assets | -5.5387% | 8,124 |
| Return on assets (ROA) | -5.8134% | 8,132 |
| Pretax return on assets | -5.8134% | 8,089 |
| Return on Equity (ROE) | -92.4281% | 8,263 |
| Retained earnings to average equity (ytd only) | -92.4281% | 8,259 |
| Net charge-offs to loans | 3.0540% | 286 |
| Credit loss provision to net charge-offs | 185.9862% | 2,661 |
| Earnings coverage of net charge-offs (x) | -0.5989% | 6,512 |
| Efficiency ratio | 178.1121% | 253 |
| Assets per employee ($millions) | 4.4219% | 2,747 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,825 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 4.3300% | 153 |
| Loan loss allowance to noncurrent loans | 37.1696% | 6,247 |
| Noncurrent assets plus other real estate owned to assets | 12.4839% | 98 |
| Noncurrent loans to loans | 11.6493% | 140 |
| Net loans and leases to total assets | 58.9218% | 6,070 |
| Net loans and leases to deposits | 63.8883% | 6,807 |
| Net loans and leases to core deposits | 116.0125% | 3,120 |
| Total domestic deposits to total assets | 92.2263% | 105 |
| Equity capital to assets | 2.6790% | 8,276 |
| Core capital (leverage) ratio | 2.7349% | 8,281 |
| Tier 1 risk-based capital ratio | 3.4361% | 8,283 |
| Total risk-based capital ratio | 4.7155% | 8,283 |
| Memoranda: | ||
| Average total assets | $153,954,200 | 3,822 |
| Average earning assets | $136,272,600 | 3,923 |
| Average equity | $9,683,200 | 5,513 |
| Average total loans | $113,556,800 | 3,594 |