PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Citizens State Bank

Liberal, KS · Cert 1145

FDIC

Q2 2004

$57.2MAssets
$24.3MLoans
$50.0MDeposits
$6.0MEquity
Loan mix
45%RE $4.0M54%C&I $4.8M0%Consumer $0.0MQ2 2003Q2 2004
Deposit mix
75%Interest-bearing $37.6M25%Noninterest $12.4MQ2 2003Q2 2004

NIM

6.07%Q2 ’025.02%Q2 ’034.62%Q2 ’04-15%-1%

Non-interest income vs. expense

4.20%Q2 ’023.61%Q2 ’033.56%Q2 ’04-18%-10%

Executive Summary

  • Earnings: ROA of 0.00%, down 49 bps year over year; NIM at 3.73%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.12%.
  • Funding: loans stand at 48.68% of deposits as of Q2 2004.

Financial Results

Return on Assets (quarter, annualized)

0.00%-49 bps YoY

Net Interest Margin (quarter, annualized)

3.73%-5 bps YoY

Efficiency Ratio (quarter, annualized)

77.28%-439 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets0.49%0.60%0.83%0.63%0.00%-49 bps
Return on Equity4.68%5.87%8.30%6.11%0.00%-468 bps
Net Interest Margin3.78%3.61%3.79%3.82%3.73%-5 bps
Efficiency Ratio81.67%78.09%77.86%78.52%77.28%-439 bps
Non-Interest Burden2.97%2.69%2.83%2.90%2.68%-28 bps
Growth
Asset Growth (YoY)7.51%11.37%6.67%1.94%-3.54%-1,105 bps
Loan Growth (YoY)-13.35%-5.40%-3.15%1.00%0.45%+1,380 bps
Deposit Growth (YoY)7.41%12.64%7.46%1.61%-2.83%-1,023 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.83%-0.03%-0.18%-0.15%-0.12%+71 bps
Allowance / Loans3.68%3.70%3.74%3.72%4.61%+93 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 Capital19.49%19.36%20.02%20.41%20.92%+144 bps
Equity / Assets10.53%9.88%10.03%10.54%10.50%-3 bps
Liquidity & Funding
Loans / Deposits47.10%44.29%44.58%46.65%48.68%+159 bps
Liquid Assets / Assets6.50%5.94%5.90%6.25%6.16%-35 bps
CRE / Total Capitaln/an/an/an/an/an/an/a