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Western Bank & Trust

Moville, IA · Cert 10894

FDIC

Q3 2003

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2003, the quarter ended September 30, 2003, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Western Bank & Trust

Moville, IA · Cert 10894

FDIC

Q3 2003

$44.0MAssets
$38.6MLoans
$32.0MDeposits
$3.8MEquity
Deposit mix
91%Interest-bearing $29.2M9%Noninterest $2.8MQ3 2002Q3 2003

NIM

7.70%Q3 ’016.43%Q3 ’025.32%Q3 ’03+3%-14%

Non-interest income vs. expense

2.55%Q3 ’012.71%Q3 ’022.45%Q3 ’03+2%-13%

Executive Summary

  • Earnings: ROA of 0.73%, down 9 bps year over year; NIM at 2.84%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 120.42% of deposits as of Q3 2003.

Financial Results

Return on Assets (YTD, annualized)

0.73%-9 bps YoY

Net Interest Margin (YTD, annualized)

2.84%-47 bps YoY

Efficiency Ratio (YTD, annualized)

66.30%+331 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets0.82%0.88%0.52%0.63%0.73%-9 bps
Return on Equity9.51%10.06%5.61%6.77%8.09%-142 bps
Net Interest Margin3.31%3.39%2.80%2.85%2.84%-47 bps
Efficiency Ratio62.99%61.93%73.11%70.30%66.30%+331 bps
Non-Interest Burden1.86%1.84%1.83%1.74%1.62%-25 bps
Growth
Asset Growth (YoY)7.14%2.47%-1.82%2.53%8.58%+145 bps
Loan Growth (YoY)4.90%3.31%-4.75%3.22%12.01%+710 bps
Deposit Growth (YoY)9.22%9.32%12.30%-0.32%4.45%-477 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.02%-0.01%0.01%0.01%-0.01%+1 bps
Allowance / Loans0.98%1.07%1.12%1.05%1.01%+3 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 Capital10.33%11.37%11.67%10.78%10.62%+29 bps
Equity / Assets8.72%9.28%9.43%8.98%8.61%-11 bps
Liquidity & Funding
Loans / Deposits112.30%103.27%101.03%116.32%120.42%+812 bps
Liquid Assets / Assets4.32%4.03%5.21%4.81%3.57%-75 bps
CRE / Total Capitaln/an/an/an/an/an/an/a