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Beverly State Bank

Beverly, KS · Cert 10506

FDIC

Q2 2010

$28.2MAssets
$24.8MLoans
$27.0MDeposits
$167KEquity
Deposit mix
91%Interest-bearing $24.7M9%Noninterest $2.4MQ2 2009Q2 2010

NIM

6.73%Q2 ’085.42%Q2 ’095.60%Q2 ’10-24%+2%

Non-interest income vs. expense

3.99%Q2 ’084.42%Q2 ’0911.04%Q2 ’10+8%+205%

Executive Summary

  • Earnings: ROA of -12.78%, down 1,046 bps year over year; NIM at 2.95%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 8.78%.
  • Funding: loans stand at 91.86% of deposits as of Q2 2010.

Financial Results

Return on Assets (YTD, annualized)

-12.78%-1,046 bps YoY

Net Interest Margin (YTD, annualized)

2.95%+4 bps YoY

Efficiency Ratio (YTD, annualized)

183.21%+8,942 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2009Q3 2009Q4 2009Q1 2010Q2 2010YoY ΔTrend
Earnings
Return on Assets-2.32%-3.03%-1.76%-8.63%-12.78%-1,046 bps
Return on Equity-29.13%-39.39%-23.00%-125.17%-251%-22,209 bps
Net Interest Margin2.90%2.84%2.78%2.29%2.95%+4 bps
Efficiency Ratio93.79%100.62%105.76%177.59%183.21%+8,942 bps
Non-Interest Burden2.61%2.87%3.09%5.75%7.96%+535 bps
Growth
Asset Growth (YoY)-3.66%-11.69%-8.20%-20.48%-26.56%-2,289 bps
Loan Growth (YoY)-15.09%-11.53%-9.85%-11.88%-17.97%-288 bps
Deposit Growth (YoY)20.20%-6.58%-1.72%-16.79%-16.99%-3,719 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.05%0.52%0.46%2.96%8.78%+883 bps
Allowance / Loans3.35%4.33%4.50%7.39%6.37%+302 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 Capital10.31%8.87%8.57%4.50%0.62%-969 bps
Equity / Assets7.88%6.79%7.42%6.28%0.59%-728 bps
Liquidity & Funding
Loans / Deposits92.95%86.95%82.77%92.56%91.86%-110 bps
Liquid Assets / Assets13.85%14.69%10.50%9.25%7.36%-650 bps
CRE / Total Capitaln/an/an/an/an/an/an/a