PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Glasgow Savings Bank

Glasgow, MO · Cert 1056

FDIC

Q2 2012

$22.3MAssets
$13.3MLoans
$21.8MDeposits
$442KEquity
Loan mix
76%RE $6.3M13%C&I $1.1M11%Consumer $0.9MQ2 2011Q2 2012
Deposit mix
78%Interest-bearing $17.0M22%Noninterest $4.8MQ2 2011Q2 2012

NIM

3.54%Q2 ’104.23%Q2 ’113.47%Q2 ’12+44%-10%

Non-interest income vs. expense

3.44%Q2 ’103.70%Q2 ’113.93%Q2 ’12-19%+5%

Executive Summary

  • Earnings: ROA of -0.46%, down 52 bps year over year; NIM at 3.15%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.60%.
  • Funding: loans stand at 61.10% of deposits as of Q2 2012.

Financial Results

Return on Assets (quarter, annualized)

-0.46%-52 bps YoY

Net Interest Margin (quarter, annualized)

3.15%-36 bps YoY

Efficiency Ratio (quarter, annualized)

113.11%+1,514 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2011Q3 2011Q4 2011Q1 2012Q2 2012YoY ΔTrend
Earnings
Return on Assets0.06%-6.37%0.37%-16.24%-0.46%-52 bps
Return on Equity1.08%-104.44%6.36%-409%-23.66%-2,474 bps
Net Interest Margin3.52%4.05%4.47%2.53%3.15%-36 bps
Efficiency Ratio97.97%104.09%111.03%150.30%113.11%+1,514 bps
Non-Interest Burden3.44%4.19%4.95%3.95%3.61%+17 bps
Growth
Asset Growth (YoY)-18.56%-28.23%-26.59%-29.10%-22.14%-358 bps
Loan Growth (YoY)-5.93%-5.26%-11.57%-20.54%-29.30%-2,337 bps
Deposit Growth (YoY)-12.37%-22.39%-26.89%-26.70%-18.40%-603 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.36%4.32%-0.04%19.13%-0.60%-196 bps
Allowance / Loans4.15%4.88%5.30%7.40%8.60%+445 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 Capital10.80%8.39%8.82%4.01%4.24%-657 bps
Equity / Assets6.52%5.62%6.14%1.90%1.98%-455 bps
Liquidity & Funding
Loans / Deposits70.52%77.89%81.20%62.74%61.10%-942 bps
Liquid Assets / Assets0.03%0.00%0.00%0.00%0.00%-3 bps
CRE / Total Capitaln/an/an/an/an/an/an/a