PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Metrobank, National Association

Davenport, IA · Cert 12099

FDIC

Q2 2006

$543.3MAssets
$200.7MLoans
$484.4MDeposits
$52.5MEquity
Loan mix
82%RE $93.7M15%C&I $16.8M3%Consumer $3.4MQ2 2005Q2 2006
Deposit mix
90%Interest-bearing $433.9M10%Noninterest $50.5MQ2 2005Q2 2006

NIM

4.41%Q2 ’044.44%Q2 ’054.66%Q2 ’06-8%-15%

Non-interest income vs. expense

2.66%Q2 ’042.48%Q2 ’052.49%Q2 ’06-8%+3%

Executive Summary

  • Earnings: ROA of 0.71%, down 30 bps year over year; NIM at 2.51%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.14%.
  • Funding: loans stand at 41.43% of deposits as of Q2 2006.

Financial Results

Return on Assets (YTD, annualized)

0.71%-30 bps YoY

Net Interest Margin (YTD, annualized)

2.51%-44 bps YoY

Efficiency Ratio (YTD, annualized)

72.50%+929 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2005Q3 2005Q4 2005Q1 2006Q2 2006YoY ΔTrend
Earnings
Return on Assets1.01%1.09%1.01%0.60%0.71%-30 bps
Return on Equity9.68%10.69%9.98%6.35%7.50%-217 bps
Net Interest Margin2.94%2.86%2.74%2.52%2.51%-44 bps
Efficiency Ratio63.22%66.36%68.18%76.34%72.50%+929 bps
Non-Interest Burden1.56%1.64%1.64%1.78%1.61%+5 bps
Growth
Asset Growth (YoY)-1.90%0.25%-1.18%0.07%-1.37%+53 bps
Loan Growth (YoY)-4.09%-3.49%-4.11%-3.75%-6.70%-261 bps
Deposit Growth (YoY)0.45%1.41%0.15%2.55%-0.59%-104 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%-0.11%-0.08%0.07%-0.14%-14 bps
Allowance / Loans1.63%1.12%1.10%1.03%1.28%-35 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 Capital16.40%15.94%16.43%16.49%16.92%+52 bps
Equity / Assets10.08%9.59%9.57%9.36%9.66%-42 bps
Liquidity & Funding
Loans / Deposits44.15%45.88%43.87%46.44%41.43%-271 bps
Liquid Assets / Assets0.04%0.07%0.05%0.02%0.06%+2 bps
CRE / Total Capitaln/an/an/an/an/an/an/a