Harrodsburg, KY · Cert 12157
FDIC
Q2 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2008, the quarter ended June 30, 2008, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Harrodsburg, KY · Cert 12157
FDIC
Q2 2008
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.51% | 0.50% | -0.19% | 0.24%1 | 0.43% | 0.38% | 0.27% | 0.01% | -23 bps | |
| Return on Equity | 5.77% | 5.55% | -1.97% | 2.54% | 4.44% | 3.94% | 2.76% | 0.12% | -242 bps | |
| Net Interest Margin | 3.72% | 3.62% | 3.02% | 3.15% | 3.22% | 3.22% | 3.17% | 3.24% | +10 bps | |
| Efficiency Ratio | 80.81% | 81.34% | 102.64% | 100.39% | 91.10% | 93.06% | 92.49% | 101.47% | +108 bps | |
| Non-Interest Burden | 2.84% | 2.78% | 3.12% | 3.16% | 2.87% | 2.94% | 2.87% | 3.30% | +14 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -8.25% | -6.82% | -7.86% | -5.88% | -2.90% | -2.92% | -0.47% | -5.43% | +45 bps | |
| Loan Growth (YoY) | -18.15% | -18.89% | -18.11% | -11.67% | -7.80% | -3.03% | 0.99% | 0.13% | +1,179 bps | |
| Deposit Growth (YoY) | -9.84% | -8.27% | -2.77% | 2.90% | 7.06% | 6.35% | 1.85% | -5.93% | -884 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 2.67% | 2.01% | -0.21% | 0.09% | 0.04% | 0.61% | 0.46% | 0.37% | +28 bps | |
| Allowance / Loans | 3.43% | 3.98% | 4.41% | 4.32% | 4.38% | 3.79% | 3.68% | 3.60% | -72 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 14.48% | 14.60% | 15.02% | 15.90% | 16.16% | 15.93% | 16.34% | 15.73% | -17 bps | |
| Equity / Assets | 9.45% | 9.27% | 9.69% | 9.52% | 9.82% | 9.53% | 10.01% | 9.89% | +37 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 64.97% | 60.00% | 57.04% | 56.47% | 55.95% | 54.71% | 56.56% | 60.11% | +364 bps | |
| Liquid Assets / Assets | 0.59% | 2.17% | 0.94% | 0.22% | 0.23% | 0.16% | 0.17% | 0.18% | -4 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |