PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First National Bank of Cedar Falls, The

Cedar Falls, IA · Cert 11350

FDIC

Q2 2005

$52.8MAssets
$43.0MLoans
$47.8MDeposits
$4.2MEquity
Loan mix
75%RE $16.3M24%C&I $5.3M1%Consumer $0.2MQ3 2003Q2 2005
Deposit mix
85%Interest-bearing $40.5M15%Noninterest $7.4MQ3 2003Q2 2005

Executive Summary

  • Earnings: ROA of 0.39%, up 35 bps year over year; NIM at 3.65%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 89.94% of deposits as of Q2 2005.

Return on Assets (quarter, annualized)

0.39%+35 bps YoY

Net Interest Margin (quarter, annualized)

3.65%+65 bps YoY

Efficiency Ratio (quarter, annualized)

80.23%-1,700 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

6.04%Q2 ’035.13%Q2 ’045.57%Q2 ’05-15%+22%

Non-interest income vs. expense

2.69%Q2 ’033.30%Q2 ’043.11%Q2 ’05+17%-1%

Discrete quarter, annualized.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004Q4 2004Q1 2005Q2 2005YoY ΔTrend
Earnings
Return on Assets0.04%0.28%0.04%0.04%0.30%0.39%0.36%0.39%+35 bps
Return on Equity0.50%3.59%0.50%0.50%3.89%5.02%4.60%4.94%+444 bps
Net Interest Margin3.02%2.87%2.86%3.00%3.28%3.37%3.33%3.65%+65 bps
Efficiency Ratio96.90%84.47%96.75%97.23%85.50%80.55%78.11%80.23%-1,700 bps
Non-Interest Burden2.91%2.37%2.75%2.91%2.75%2.66%2.56%2.88%-3 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 / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%-0.53%0.08%0.36%-0.04%0.00%+53 bps
Allowance / Loans1.16%1.17%1.12%1.28%1.19%1.12%1.13%1.16%-11 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital12.06%12.16%11.67%11.63%11.27%11.20%11.02%11.18%-45 bps
Equity / Assets7.74%7.78%7.93%7.69%7.87%7.85%7.82%7.90%+20 bps
Liquidity & Funding
Loans / Deposits79.31%78.99%84.56%83.33%88.47%88.19%94.42%89.94%+661 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a