PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Mansfield State Bank

Mansfield, SD · Cert 11136

FDIC

Q3 2012

$12.7MAssets
$1.4MLoans
$10.8MDeposits
$2.0MEquity
Loan mix
55%RE $206K34%C&I $128K11%Consumer $42KQ3 2011Q3 2012
Deposit mix
72%Interest-bearing $7.7M28%Noninterest $3.0MQ3 2011Q3 2012

NIM

2.93%Q3 ’102.33%Q3 ’112.08%Q3 ’12-18%-7%

Non-interest income vs. expense

1.76%Q3 ’101.38%Q3 ’111.90%Q3 ’12-22%+39%

Executive Summary

  • Earnings: ROA of 1.56%, up 82 bps year over year; NIM at 1.96%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 13.20% of deposits as of Q3 2012.

Financial Results

Return on Assets (quarter, annualized)

1.56%+82 bps YoY

Net Interest Margin (quarter, annualized)

1.96%-14 bps YoY

Efficiency Ratio (quarter, annualized)

93.94%+3,017 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets0.74%-2.71%-0.30%-0.30%1.56%+82 bps
Return on Equity4.96%-18.04%-2.16%-2.16%10.47%+551 bps
Net Interest Margin2.11%1.90%1.57%1.66%1.96%-14 bps
Efficiency Ratio63.77%233%118.18%117.54%93.94%+3,017 bps
Non-Interest Burden1.32%4.55%1.86%1.96%1.84%+52 bps
Growth
Asset Growth (YoY)15.51%24.06%9.73%-4.45%1.69%-1,382 bps
Loan Growth (YoY)6.63%-1.45%-21.74%-13.48%-32.06%-3,869 bps
Deposit Growth (YoY)18.98%29.93%11.68%-4.65%2.32%-1,666 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans2.97%2.53%4.67%3.76%2.18%-78 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 Capital45.48%40.31%28.21%46.07%49.74%+427 bps
Equity / Assets15.65%14.39%13.22%14.29%15.45%-20 bps
Liquidity & Funding
Loans / Deposits19.87%22.31%10.93%14.88%13.20%-668 bps
Liquid Assets / Assets49.35%47.41%63.36%60.09%46.32%-302 bps
CRE / Total Capitaln/an/an/an/an/an/an/a