PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Morrill State Bank & Trust Co., The

Sabetha, KS · Cert 10924

FDIC

Q3 2002

$71.6MAssets
$48.0MLoans
$48.1MDeposits
$5.2MEquity
Deposit mix
93%Interest-bearing $44.8M7%Noninterest $3.3MQ3 2001Q3 2002

NIM

7.93%Q1 ’017.47%Q3 ’016.05%Q3 ’02-7%-10%

Non-interest income vs. expense

1.81%Q1 ’011.81%Q3 ’011.77%Q3 ’02-1%-1%

Executive Summary

  • Earnings: ROA of 1.09%, down 12 bps year over year; NIM at 3.02%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.03%.
  • Funding: loans stand at 99.81% of deposits as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

1.09%-12 bps YoY

Net Interest Margin (YTD, annualized)

3.02%-33 bps YoY

Efficiency Ratio (YTD, annualized)

51.39%+363 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets1.22%1.17%0.98%1.12%1.09%-12 bps
Return on Equityn/an/a13.73%15.37%15.00%n/a
Net Interest Margin3.35%3.22%2.92%3.03%3.02%-33 bps
Efficiency Ratio47.75%48.71%50.17%49.58%51.39%+363 bps
Non-Interest Burden1.36%1.34%1.26%1.29%1.35%-2 bps
Growth
Asset Growth (YoY)8.89%11.00%7.80%-0.08%8.46%-43 bps
Loan Growth (YoY)15.19%7.00%-2.41%-4.55%0.84%-1,435 bps
Deposit Growth (YoY)6.23%7.20%6.24%9.96%1.49%-475 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%0.02%0.00%0.04%0.03%+2 bps
Allowance / Loans1.83%1.95%2.01%1.99%1.95%+12 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 Capital12.02%11.98%12.01%12.09%11.54%-48 bps
Equity / Assets7.68%7.27%6.99%7.63%7.24%-44 bps
Liquidity & Funding
Loans / Deposits100.45%90.17%88.08%93.81%99.81%-64 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a