Cedar Falls, IA · Cert 11350
FDIC
Q2 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2005, the quarter ended June 30, 2005, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Cedar Falls, IA · Cert 11350
FDIC
Q2 2005
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.37% | 0.34% | 0.04% | 0.04% | 0.13% | 0.19% | 0.36% | 0.37% | +34 bps | |
| Return on Equity | 4.53% | 4.29% | 0.50% | 0.50% | 1.62% | 2.48% | 4.60% | 4.76% | +426 bps | |
| Net Interest Margin | 3.31% | 3.14% | 2.86% | 2.93% | 3.06% | 3.10% | 3.33% | 3.47% | +54 bps | |
| Efficiency Ratio | 79.24% | 80.47% | 96.75% | 97.00% | 92.90% | 89.59% | 78.11% | 79.23% | -1,777 bps | |
| Non-Interest Burden | 2.57% | 2.48% | 2.75% | 2.83% | 2.81% | 2.75% | 2.56% | 2.70% | -13 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.39% | 8.05% | 5.40% | 5.86% | -0.54% | 0.46% | 2.72% | 2.03% | -383 bps | |
| Loan Growth (YoY) | 3.53% | 3.18% | 3.83% | 7.63% | 10.67% | 11.77% | 10.32% | 9.83% | +219 bps | |
| Deposit Growth (YoY) | 10.13% | 7.35% | 5.82% | 6.66% | -0.78% | 0.11% | -1.19% | 1.75% | -491 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.14% | 0.11% | 0.00% | -0.27% | -0.14% | -0.02% | -0.04% | -0.02% | +25 bps | |
| Allowance / Loans | 1.16% | 1.17% | 1.12% | 1.28% | 1.19% | 1.12% | 1.13% | 1.16% | -11 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 12.06% | 12.16% | 11.67% | 11.63% | 11.27% | 11.20% | 11.02% | 11.18% | -45 bps | |
| Equity / Assets | 7.74% | 7.78% | 7.93% | 7.69% | 7.87% | 7.85% | 7.82% | 7.90% | +20 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.31% | 78.99% | 84.56% | 83.33% | 88.47% | 88.19% | 94.42% | 89.94% | +661 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |