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First Trust Bank of Shelbyville

Shelbyville, IL · Cert 10082

FDIC

Q1 2002

$75.3MAssets
$41.4MLoans
$60.8MDeposits
$10.9MEquity
Loan mix
62%RE $17.1M37%C&I $10.2M0%Consumer $0.1MQ1 2001Q1 2002
Deposit mix
91%Interest-bearing $55.4M9%Noninterest $5.4MQ1 2001Q1 2002

NIM

6.73%Q1 ’015.82%Q1 ’02+3%

Non-interest income vs. expense

2.06%Q1 ’012.00%Q1 ’02-16%

Executive Summary

  • Earnings: ROA of 1.38%, up 6 bps year over year; NIM at 3.32%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.70%.
  • Funding: loans stand at 68.13% of deposits as of Q1 2002.

Financial Results

Return on Assets (quarter, annualized)

1.38%+6 bps YoY

Net Interest Margin (quarter, annualized)

3.32%+9 bps YoY

Efficiency Ratio (quarter, annualized)

49.74%-533 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2001Q2 2001Q3 2001Q4 2001Q1 2002YoY ΔTrend
Earnings
Return on Assets1.32%0.85%1.23%-2.40%1.38%+6 bps
Return on Equityn/a5.16%7.86%-16.36%9.70%n/a
Net Interest Margin3.23%3.40%3.26%2.98%3.32%+9 bps
Efficiency Ratio55.07%54.37%56.58%69.80%49.74%-533 bps
Non-Interest Burden1.55%1.58%1.63%1.98%1.30%-25 bps
Growth
Asset Growth (YoY)7.31%2.75%10.46%5.62%2.54%-477 bps
Loan Growth (YoY)25.80%26.87%15.25%10.73%0.14%-2,567 bps
Deposit Growth (YoY)6.98%3.29%12.63%9.55%5.13%-185 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.12%1.27%-0.05%7.53%-0.70%-58 bps
Allowance / Loans0.85%0.84%0.91%1.32%1.58%+73 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital25.56%23.37%23.45%22.61%26.13%+57 bps
Equity / Assets16.82%16.01%15.29%14.02%14.52%-230 bps
Liquidity & Funding
Loans / Deposits71.53%76.44%67.92%66.47%68.13%-340 bps
Liquid Assets / Assets6.48%6.43%5.31%4.79%4.42%-206 bps
CRE / Total Capitaln/an/an/an/an/an/an/a