Home > Southern Bank of Commerce > Performance and Condition Ratios
Southern Bank of Commerce, Performance and Condition Ratios
| 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 | 6.5245% | 783 |
| Cost of funding earning assets | 3.8531% | 32 |
| Net interest margin | 2.6714% | 7,262 |
| Noninterest income to average assets | 0.0000% | 7,938 |
| Noninterest expense to average assets | 6.4340% | 274 |
| Loan and lease loss provision to assets | 0.1345% | 5,738 |
| Net operating income to assets | -4.4104% | 7,884 |
| Return on assets (ROA) | -4.4104% | 7,883 |
| Pretax return on assets | -4.4104% | 7,796 |
| Return on Equity (ROE) | -105.5231% | 8,083 |
| Retained earnings to average equity (ytd only) | -105.5231% | 8,082 |
| Net charge-offs to loans | 3.6587% | 408 |
| Credit loss provision to net charge-offs | 6.2500% | 6,209 |
| Earnings coverage of net charge-offs (x) | -1.9875% | 6,349 |
| Efficiency ratio | 298.1308% | 82 |
| Assets per employee ($millions) | 1.5172% | 8,068 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,532 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 3.4749% | 386 |
| Loan loss allowance to noncurrent loans | 43.2412% | 5,483 |
| Noncurrent assets plus other real estate owned to assets | 7.1582% | 579 |
| Noncurrent loans to loans | 8.0360% | 554 |
| Net loans and leases to total assets | 51.5407% | 6,736 |
| Net loans and leases to deposits | 53.3518% | 7,318 |
| Net loans and leases to core deposits | 93.2558% | 5,209 |
| Total domestic deposits to total assets | 96.6055% | 21 |
| Equity capital to assets | 3.0188% | 8,118 |
| Core capital (leverage) ratio | 3.0551% | 8,125 |
| Tier 1 risk-based capital ratio | 5.3994% | 8,083 |
| Total risk-based capital ratio | 6.6733% | 8,087 |
| Memoranda: | ||
| Average total assets | $29,748,000 | 7,613 |
| Average earning assets | $24,032,330 | 7,719 |
| Average equity | $1,243,330 | 8,127 |
| Average total loans | $17,492,330 | 7,461 |
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.6892% | 593 |
| Cost of funding earning assets | 4.0068% | 29 |
| Net interest margin | 2.6824% | 7,244 |
| Noninterest income to average assets | -0.1630% | 8,151 |
| Noninterest expense to average assets | 5.7860% | 314 |
| Loan and lease loss provision to assets | 0.2716% | 3,783 |
| Net operating income to assets | -4.0475% | 7,982 |
| Return on assets (ROA) | -4.0475% | 7,976 |
| Pretax return on assets | -4.0475% | 7,909 |
| Return on Equity (ROE) | -84.7193% | 8,129 |
| Retained earnings to average equity (ytd only) | -84.7193% | 8,120 |
| Net charge-offs to loans | 1.0365% | 1,302 |
| Credit loss provision to net charge-offs | 42.5532% | 4,778 |
| Earnings coverage of net charge-offs (x) | -5.9149% | 5,580 |
| Efficiency ratio | 287.8378% | 93 |
| Assets per employee ($millions) | 1.6061% | 8,086 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,832 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 4.7972% | 120 |
| Loan loss allowance to noncurrent loans | 49.2925% | 5,230 |
| Noncurrent assets plus other real estate owned to assets | 7.6910% | 407 |
| Noncurrent loans to loans | 9.7320% | 310 |
| Net loans and leases to total assets | 54.3682% | 6,423 |
| Net loans and leases to deposits | 56.9238% | 7,106 |
| Net loans and leases to core deposits | 94.7137% | 5,090 |
| Total domestic deposits to total assets | 95.5106% | 19 |
| Equity capital to assets | 4.0995% | 8,159 |
| Core capital (leverage) ratio | 4.3117% | 8,159 |
| Tier 1 risk-based capital ratio | 7.6808% | 8,040 |
| Total risk-based capital ratio | 8.9749% | 8,057 |
| Memoranda: | ||
| Average total assets | $29,450,500 | 7,667 |
| Average earning assets | $23,859,500 | 7,774 |
| Average equity | $1,407,000 | 8,166 |
| Average total loans | $18,137,500 | 7,483 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 7.5580% | 368 |
| Cost of funding earning assets | 4.5751% | 10 |
| Net interest margin | 2.9829% | 6,959 |
| Noninterest income to average assets | 0.3799% | 5,644 |
| Noninterest expense to average assets | 6.4613% | 339 |
| Loan and lease loss provision to assets | 2.7017% | 367 |
| Net operating income to assets | -7.2767% | 8,204 |
| Return on assets (ROA) | -7.2571% | 8,198 |
| Pretax return on assets | -6.2419% | 8,116 |
| Return on Equity (ROE) | -76.7685% | 8,245 |
| Retained earnings to average equity (ytd only) | -76.7685% | 8,238 |
| Net charge-offs to loans | 2.7013% | 346 |
| Credit loss provision to net charge-offs | 146.0177% | 3,614 |
| Earnings coverage of net charge-offs (x) | -1.9239% | 6,702 |
| Efficiency ratio | 222.6862% | 166 |
| Assets per employee ($millions) | 1.3517% | 8,195 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,825 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 4.5787% | 128 |
| Loan loss allowance to noncurrent loans | 50.1161% | 5,488 |
| Noncurrent assets plus other real estate owned to assets | 7.9514% | 294 |
| Noncurrent loans to loans | 9.1362% | 251 |
| Net loans and leases to total assets | 63.3609% | 5,391 |
| Net loans and leases to deposits | 67.3419% | 6,521 |
| Net loans and leases to core deposits | 101.7136% | 4,649 |
| Total domestic deposits to total assets | 94.0884% | 29 |
| Equity capital to assets | 5.5064% | 8,134 |
| Core capital (leverage) ratio | 5.3716% | 8,178 |
| Tier 1 risk-based capital ratio | 9.3287% | 7,491 |
| Total risk-based capital ratio | 10.6276% | 7,363 |
| Memoranda: | ||
| Average total assets | $30,535,800 | 7,620 |
| Average earning assets | $25,813,600 | 7,702 |
| Average equity | $2,886,600 | 7,869 |
| Average total loans | $20,915,800 | 7,267 |