Financial Highlights for Reg F Compliance

Please review the Financial Highlights for Reg F Compliance.

1st Quarter 2016 2nd Quarter 2016 3rd Quarter 2016 4th Quarter 2016
CAPITAL RATIOS
Common Equity Tier 1 Capital (%) 10.84% 10.14% 9.78% 9.80%
Tier I Risk Based Capital (%) 11.96% 11.20% 10.80% 10.83%
Total Risk Based Capital (%) 13.03% 12.21% 11.76% 11.78%
Leverage Ratio (%) 9.88% 9.55% 9.43% 9.16%
PROFITABILITY
Net Income (in thousands) YTD $60,241 $128,532 $204,343 $270,973
Return on Average Assets YTD .92% .97% 1.02% 1.00%
Return on Average Equity YTD 8.19% 8.79% 9.30% 9.23%
Net Interest Margin YTD 2.93% 2.93% 2.95% 2.96%
ASSET QUALITY (Excludes Loans Held for Sale)
Nonperforming Loans (incl. 90+ days past due)/Total Loans 1.21% 1.06% .89% .86%
Total Nonperforming and Past Due Loans (30-89 days past due)/Total Loans 1.64% 1.27% 1.10% 1.08%
Nonperforming assets (incl. 90+ days past due)/Total Loans and Foreclosed Real Estate 1.31% 1.13% .96% .92%
Loan Loss Reserve/Total Loans 1.16% 1.07% 1.03% 1.03%
Reserve Coverage of Nonperforming Loans 0.95x 1.01x 1.15x 1.19x
Net Charge-off Ratio (Annualized net charge-offs to average total loans) .21% .19% .05% *NM
AVERAGE BALANCE SHEET
Total Assets (in millions) $26,388 $26,581 $27,330 $28,397
Total Loans (in millions) $17,414 $17,924 $18,810 $19,539
Earning Assets (in millions) $24,438 $24,618 $25,339 $26,386
Deposits (in millions) $20,072 $20,440 $21,327 $22,526
Shareholders' Equity (in millions) $2,948 $2,914 $2,937 $2,941
GNMA Repurchased Loans (included in OREO/excluded from Asset Quality Ratios) (in thousands) $7,061 $5,903 $5,267 $5,002

 

Credit Rating S&P Moody's Fitch
Long-term Issuer BBB A3 BBB-
Short-term/Commercial Paper A-2 P-2 F3
Certificate of Deposit - A3 BBB
*NM = not meaningful

 

Business Financial Insight

Solution-oriented insight to build your business from First Tennessee Bank.

Get timely thinking on relevant corporate financial issues.

Learn More