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Letter portraitLegal landscapeQuarterYTD

First State Bank of Rankin, The

Rankin, TX · Cert 11165

FDIC

Q3 2001

$21.3MAssets
$6.9MLoans
$19.4MDeposits
$1.6MEquity
Deposit mix
83%Interest-bearing $16.1M17%Noninterest $3.3MQ3 2000Q3 2001

NIM

6.74%Q1 ’016.33%Q2 ’016.46%Q3 ’01-8%+13%

Non-interest income vs. expense

2.38%Q1 ’012.74%Q2 ’012.79%Q3 ’01+13%+2%

Executive Summary

  • Earnings: ROA of 1.40%, down 7 bps year over year; NIM at 3.98%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.17%.
  • Funding: loans stand at 35.61% of deposits as of Q3 2001.

Financial Results

Return on Assets (quarter, annualized)

1.40%-7 bps YoY

Net Interest Margin (quarter, annualized)

3.98%

Efficiency Ratio (quarter, annualized)

62.81%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2000Q4 2000Q1 2001Q2 2001Q3 2001YoY ΔTrend
Earnings
Return on Assets1.47%1.51%1.08%1.09%1.40%-7 bps
Return on Equityn/an/an/a15.92%19.64%n/a
Net Interest Marginn/an/a3.82%3.52%3.98%n/a
Efficiency Ration/an/a56.97%69.03%62.81%n/a
Non-Interest Burdenn/an/a2.02%2.29%2.33%n/a
Growth
Asset Growth (YoY)0.84%-1.60%3.97%6.46%6.63%+580 bps
Loan Growth (YoY)-1.99%5.97%5.91%-0.38%-0.69%+130 bps
Deposit Growth (YoY)0.68%-3.08%2.83%5.89%5.38%+470 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a-0.58%-1.52%-0.17%n/a
Allowance / Loansn/an/a1.44%1.80%1.52%n/a
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 Capitaln/an/a17.24%16.31%17.43%n/a
Equity / Assetsn/an/a7.09%6.55%7.71%n/a
Liquidity & Funding
Loans / Deposits37.79%44.57%35.08%33.78%35.61%-218 bps
Liquid Assets / Assets0.00%0.00%4.57%4.03%3.66%+366 bps
CRE / Total Capitaln/an/an/an/an/an/an/a