Home > Merchants and Farmers Bank of Comer, Georgia > Performance and Condition Ratios
Merchants and Farmers Bank of Comer, Georgia, Performance and Condition Ratios
| 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 | 5.8421% | 2,696 |
| Cost of funding earning assets | 1.8676% | 4,058 |
| Net interest margin | 3.9745% | 2,925 |
| Noninterest income to average assets | 1.3138% | 895 |
| Noninterest expense to average assets | 2.9899% | 4,087 |
| Loan and lease loss provision to assets | 0.7001% | 2,633 |
| Net operating income to assets | 0.5132% | 3,926 |
| Return on assets (ROA) | 0.5383% | 3,921 |
| Pretax return on assets | 0.8329% | 3,429 |
| Return on Equity (ROE) | 2.4859% | 4,998 |
| Retained earnings to average equity (ytd only) | 2.4859% | 3,933 |
| Net charge-offs to loans | 1.6790% | 1,207 |
| Credit loss provision to net charge-offs | 77.1429% | 5,829 |
| Earnings coverage of net charge-offs (x) | 1.6468% | 4,558 |
| Efficiency ratio | 66.6725% | 5,253 |
| Assets per employee ($millions) | 3.4027% | 5,158 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,688 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.8310% | 2,191 |
| Loan loss allowance to noncurrent loans | 28.7722% | 6,549 |
| Noncurrent assets plus other real estate owned to assets | 3.6901% | 1,765 |
| Noncurrent loans to loans | 6.3637% | 915 |
| Net loans and leases to total assets | 53.0799% | 6,488 |
| Net loans and leases to deposits | 70.3228% | 5,872 |
| Net loans and leases to core deposits | 86.2209% | 5,841 |
| Total domestic deposits to total assets | 75.4805% | 6,679 |
| Equity capital to assets | 23.0354% | 213 |
| Core capital (leverage) ratio | 14.3442% | 998 |
| Tier 1 risk-based capital ratio | 21.2196% | 1,342 |
| Total risk-based capital ratio | 22.4639% | 1,325 |
| Memoranda: | ||
| Average total assets | $169,676,000 | 3,631 |
| Average earning assets | $135,358,000 | 4,016 |
| Average equity | $36,739,750 | 1,851 |
| Average total loans | $91,718,250 | 4,203 |
| 2009-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.6416% | 3,857 |
| Cost of funding earning assets | 1.8665% | 4,438 |
| Net interest margin | 3.7752% | 3,653 |
| Noninterest income to average assets | 1.2515% | 978 |
| Noninterest expense to average assets | 3.0293% | 3,969 |
| Loan and lease loss provision to assets | 0.8464% | 1,980 |
| Net operating income to assets | 0.2537% | 5,071 |
| Return on assets (ROA) | 0.2794% | 5,084 |
| Pretax return on assets | 0.4319% | 4,843 |
| Return on Equity (ROE) | 1.3171% | 5,530 |
| Retained earnings to average equity (ytd only) | 1.3171% | 4,605 |
| Net charge-offs to loans | 1.1997% | 1,528 |
| Credit loss provision to net charge-offs | 130.5206% | 3,568 |
| Earnings coverage of net charge-offs (x) | 1.9102% | 4,149 |
| Efficiency ratio | 70.9765% | 4,596 |
| Assets per employee ($millions) | 3.7623% | 4,188 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,532 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.2798% | 1,126 |
| Loan loss allowance to noncurrent loans | 30.7819% | 6,423 |
| Noncurrent assets plus other real estate owned to assets | 4.0279% | 1,461 |
| Noncurrent loans to loans | 7.4063% | 637 |
| Net loans and leases to total assets | 50.7971% | 6,798 |
| Net loans and leases to deposits | 66.3755% | 6,355 |
| Net loans and leases to core deposits | 81.6648% | 6,266 |
| Total domestic deposits to total assets | 76.5299% | 6,430 |
| Equity capital to assets | 21.2952% | 315 |
| Core capital (leverage) ratio | 13.6114% | 1,238 |
| Tier 1 risk-based capital ratio | 20.2354% | 1,528 |
| Total risk-based capital ratio | 21.4676% | 1,490 |
| Memoranda: | ||
| Average total assets | $171,791,000 | 3,609 |
| Average earning assets | $137,265,670 | 4,002 |
| Average equity | $36,445,000 | 1,874 |
| Average total loans | $92,853,330 | 4,207 |
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.3593% | 5,617 |
| Cost of funding earning assets | 2.0144% | 4,062 |
| Net interest margin | 3.3449% | 5,341 |
| Noninterest income to average assets | 1.2223% | 961 |
| Noninterest expense to average assets | 2.9751% | 3,872 |
| Loan and lease loss provision to assets | 1.2714% | 1,006 |
| Net operating income to assets | -0.1965% | 6,550 |
| Return on assets (ROA) | -0.1449% | 6,577 |
| Pretax return on assets | -0.2244% | 6,597 |
| Return on Equity (ROE) | -0.6843% | 6,493 |
| Retained earnings to average equity (ytd only) | -0.6843% | 5,810 |
| Net charge-offs to loans | 2.0064% | 721 |
| Credit loss provision to net charge-offs | 115.0106% | 3,389 |
| Earnings coverage of net charge-offs (x) | 0.8753% | 4,327 |
| Efficiency ratio | 75.4594% | 3,571 |
| Assets per employee ($millions) | 3.8033% | 4,085 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,832 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.1076% | 1,219 |
| Loan loss allowance to noncurrent loans | 31.9059% | 6,419 |
| Noncurrent assets plus other real estate owned to assets | 3.6736% | 1,441 |
| Noncurrent loans to loans | 6.6057% | 652 |
| Net loans and leases to total assets | 51.8228% | 6,706 |
| Net loans and leases to deposits | 66.9663% | 6,278 |
| Net loans and leases to core deposits | 78.1130% | 6,527 |
| Total domestic deposits to total assets | 77.3864% | 6,184 |
| Equity capital to assets | 20.6994% | 376 |
| Core capital (leverage) ratio | 13.8193% | 1,226 |
| Tier 1 risk-based capital ratio | 18.9902% | 1,812 |
| Total risk-based capital ratio | 20.1731% | 1,786 |
| Memoranda: | ||
| Average total assets | $171,153,000 | 3,631 |
| Average earning assets | $139,196,000 | 3,972 |
| Average equity | $36,240,000 | 1,886 |
| Average total loans | $94,298,000 | 4,199 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 3.8600% | 8,116 |
| Cost of funding earning assets | 1.5566% | 7,525 |
| Net interest margin | 2.3034% | 7,908 |
| Noninterest income to average assets | 0.7937% | 2,554 |
| Noninterest expense to average assets | 1.7758% | 7,778 |
| Loan and lease loss provision to assets | 0.9559% | 1,542 |
| Net operating income to assets | 0.0210% | 6,312 |
| Return on assets (ROA) | 0.0677% | 6,042 |
| Pretax return on assets | 0.1052% | 5,926 |
| Return on Equity (ROE) | 0.3851% | 6,113 |
| Retained earnings to average equity (ytd only) | -2.0469% | 5,879 |
| Net charge-offs to loans | 0.9269% | 1,338 |
| Credit loss provision to net charge-offs | 179.5759% | 2,812 |
| Earnings coverage of net charge-offs (x) | 1.8560% | 5,143 |
| Efficiency ratio | 64.2519% | 5,507 |
| Assets per employee ($millions) | 3.6381% | 4,321 |
| Cash dividends to net income (ytd only)* | 631.5789% | 66 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.9598% | 1,303 |
| Loan loss allowance to noncurrent loans | 60.4823% | 4,977 |
| Noncurrent assets plus other real estate owned to assets | 1.9880% | 2,479 |
| Noncurrent loans to loans | 3.2403% | 1,616 |
| Net loans and leases to total assets | 56.2269% | 6,408 |
| Net loans and leases to deposits | 73.6752% | 5,879 |
| Net loans and leases to core deposits | 86.7623% | 6,080 |
| Total domestic deposits to total assets | 76.3173% | 6,161 |
| Equity capital to assets | 21.6702% | 367 |
| Core capital (leverage) ratio | 13.3968% | 1,413 |
| Tier 1 risk-based capital ratio | 18.7510% | 1,861 |
| Total risk-based capital ratio | 19.9909% | 1,813 |
| Memoranda: | ||
| Average total assets | $168,318,200 | 3,578 |
| Average earning assets | $143,963,600 | 3,758 |
| Average equity | $29,605,600 | 2,283 |
| Average total loans | $96,665,800 | 4,043 |