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Farmers-Merchants National Bank of Paxton

Paxton, IL · Cert 12104

FDIC · 3 branches

Q3 2018

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2018, the quarter ended September 30, 2018, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Farmers-Merchants National Bank of Paxton

Paxton, IL · Cert 12104

FDIC · 3 branches

Q3 2018

$109.9MAssets
$35.4MLoans
$95.7MDeposits
$13.7MEquity
Loan mix
78%RE $21.1M16%C&I $4.3M6%Consumer $1.6MQ3 2017Q3 2018
Deposit mix
82%Interest-bearing $78.0M18%Noninterest $17.7MQ3 2017Q3 2018

NIM

2.78%Q3 ’162.84%Q3 ’173.00%Q3 ’18+2%+5%

Non-interest income vs. expense

2.20%Q3 ’162.16%Q3 ’172.15%Q3 ’18+4%-19%

Market Position · Champaign-Urbana, IL · 2018 SOD (annual) · 1.5% share · #16 of 36 inst. · $0.1B of $6.4B

Executive Summary

  • Earnings: ROA of 1.42%, up 50 bps year over year; NIM at 2.74%.
  • Asset quality: problem loans at 1.85% of loans (+55 bps YoY), with net charge-offs at 0.08%.
  • Capital: tier 1 leverage ratio of 12.28%, up 71 bps from a year ago.
  • Funding: loans stand at 36.99% of deposits as of Q3 2018.

Financial Results

Return on Assets (YTD, annualized)

1.42%+50 bps YoY

Net Interest Margin (YTD, annualized)

2.74%+12 bps YoY

Efficiency Ratio (YTD, annualized)

60.86%-863 bps YoY

Tier 1 Leverage Ratio

12.28%+71 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets0.92%0.83%1.01%1.23%1.42%+50 bps
Return on Equity7.94%7.08%8.59%10.34%11.85%+391 bps
Net Interest Margin2.62%2.66%2.68%2.79%2.74%+12 bps
Efficiency Ratio69.49%69.81%67.88%61.66%60.86%-863 bps
Non-Interest Burden1.68%1.72%1.63%1.36%1.36%-32 bps
Growth
Asset Growth (YoY)2.60%-2.41%-2.29%-5.73%-8.55%-1,114 bps
Loan Growth (YoY)6.94%6.11%1.14%-2.29%-0.25%-718 bps
Deposit Growth (YoY)3.39%1.07%-2.39%-6.16%-9.12%-1,251 bps
Asset Quality
Nonperforming Loans / Loans1.30%2.12%1.90%1.79%1.85%+55 bps
Net Charge-Offs / Loans0.30%0.31%0.27%0.13%0.08%-22 bps
Allowance / Loans1.69%1.68%1.73%1.68%1.16%-54 bps
Allowance Coverage of NPLs1.3x0.8x0.9x0.9x0.6x-0.7x
Capital
Tier 1 Leverage Ratio11.57%11.48%11.94%12.39%12.28%+71 bps
Total Risk-Based Capital29.02%28.24%29.97%30.90%24.00%-502 bps
Equity / Assets11.83%12.10%11.45%12.05%12.48%+65 bps
Liquidity & Funding
Loans / Deposits33.70%36.91%33.34%35.54%36.99%+329 bps
Liquid Assets / Assets3.54%0.08%3.97%1.01%1.52%-202 bps
CRE / Total Capitaln/an/an/an/an/an/an/a