Financial Update (Fourth Quarter 2008)

Small Commercial Bank Ratios
(Total Assets Less Than $1 Billion)
Percent as of: 6/30/08 6/30/07 6/30/06 6/30/05
Annualized Return on Average Assets
United States 0.71 1.12 1.18 1.24
Southeast 0.32 1.05 1.24 1.18
Alabama 0.65 1.10 1.33 1.19
Florida –0.16 0.74 1.06 1.09
Georgia –0.06 1.21 1.36 1.25
Louisiana 1.18 1.38 1.47 1.29
Mississippi 1.02 1.19 1.31 1.25
Tennessee 0.55 0.94 1.10 1.11
Annualized Return on Average Equity
United States 6.73 10.66 11.46 12.26
Southeast 3.02 10.26 12.52 11.98
Alabama 6.30 10.86 13.07 11.79
Florida –1.42 6.99 10.86 11.63
Georgia –0.57 11.86 13.93 12.92
Louisiana 12.22 14.45 15.20 12.96
Mississippi 10.31 12.21 13.13 12.14
Tennessee 5.27 9.00 10.52 10.54
Net Interest Income/Total Income
United States 49.64 47.64 52.33 57.36
Southeast 49.23 49.23 54.87 60.09
Alabama 50.71 48.77 54.01 59.02
Florida 49.47 49.31 56.18 63.11
Georgia 44.79 47.93 53.42 58.32
Louisiana 56.45 54.76 59.97 61.71
Mississippi 51.66 50.58 55.44 60.08
Tennessee 48.57 47.34 52.43 58.57
Total Noninterest Income/Total Income
United States 14.92 15.06 16.10 18.47
Southeast 11.79 10.68 11.87 13.96
Alabama 10.83 9.85 10.69 12.15
Florida 9.15 8.44 9.88 12.16
Georgia 12.21 10.70 12.03 14.45
Louisiana 14.93 13.98 14.11 16.97
Mississippi 13.11 12.34 13.61 14.82
Tennessee 12.51 11.68 13.21 14.64
Loan/Deposits
United States 87.70 84.78 84.07 82.75
Southeast 88.97 85.88 84.17 83.91
Alabama 84.09 80.51 79.70 78.27
Florida 95.05 90.56 87.17 83.37
Georgia 91.92 90.20 90.12 90.82
Louisiana 80.86 76.81 73.64 78.40
Mississippi 80.50 77.18 74.36 76.48
Tennessee 88.36 85.00 84.16 83.31
Number of Reporting Banks
United States 6,791 6,937 7,039 7,215
Southeast 1,113 1,111 1,102 1,113
Alabama 142 143 142 144
Florida 255 248 244 248
Georgia 319 320 318 317
Louisiana 135 135 132 133
Mississippi 84 86 86 87
Tennessee 178 179 180 184
Note: Ratios for Southeast and state totals include those banks headquartered within the given state boundary.
Source: Consolidated Reports of Condition and Income