PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Breckinridge Bank

Cloverport, KY · Cert 11357

FDIC

Q4 2004

$30.7MAssets
$11.6MLoans
$28.0MDeposits
$2.6MEquity
Deposit mix
83%Interest-bearing $23.1M17%Noninterest $4.9MQ4 2003Q4 2004

NIM

5.90%Q4 ’025.61%Q4 ’035.27%Q4 ’04+7%-4%

Non-interest income vs. expense

1.99%Q4 ’022.09%Q4 ’031.95%Q4 ’04+7%-4%

Executive Summary

  • Earnings: ROA of 1.41%, down 6 bps year over year; NIM at 3.32%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.47%.
  • Funding: loans stand at 41.58% of deposits as of Q4 2004.

Financial Results

Return on Assets (YTD, annualized)

1.41%-6 bps YoY

Net Interest Margin (YTD, annualized)

3.32%-13 bps YoY

Efficiency Ratio (YTD, annualized)

54.36%-80 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004YoY ΔTrend
Earnings
Return on Assets1.47%1.90%1.61%1.62%1.41%-6 bps
Return on Equity19.69%23.67%20.27%20.01%17.20%-248 bps
Net Interest Margin3.44%3.50%3.32%3.35%3.32%-13 bps
Efficiency Ratio55.16%48.39%50.09%51.20%54.36%-80 bps
Non-Interest Burden1.74%1.52%1.51%1.58%1.68%-6 bps
Growth
Asset Growth (YoY)2.09%8.22%9.48%11.01%8.69%+660 bps
Loan Growth (YoY)11.34%11.30%4.83%4.12%-5.50%-1,684 bps
Deposit Growth (YoY)3.02%7.07%9.37%9.69%7.99%+497 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.37%-0.10%0.66%0.44%0.47%+11 bps
Allowance / Loans0.98%1.07%0.98%1.01%1.29%+31 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 Capital16.10%17.15%17.90%18.61%20.00%+390 bps
Equity / Assets7.97%8.08%7.84%8.44%8.62%+65 bps
Liquidity & Funding
Loans / Deposits47.52%44.57%43.29%43.27%41.58%-594 bps
Liquid Assets / Assets32.60%29.69%27.97%25.91%25.40%-721 bps
CRE / Total Capitaln/an/an/an/an/an/an/a