PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Bank of Mountain View

Mountain View, AR · Cert 12530

FDIC

Q4 2008

$186.9MAssets
$97.6MLoans
$137.0MDeposits
$31.1MEquity
Loan mix
84%RE $61.0M16%C&I $11.5M0%Consumer $0.0MQ4 2007Q4 2008
Deposit mix
85%Interest-bearing $116.8M15%Noninterest $20.2MQ4 2007Q4 2008

NIM

5.50%Q4 ’065.68%Q4 ’074.86%Q4 ’08+8%+20%

Non-interest income vs. expense

1.84%Q4 ’061.86%Q4 ’072.15%Q4 ’08-6%+14%

Executive Summary

  • Earnings: ROA of 0.33%, down 34 bps year over year; NIM at 2.73%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.27%.
  • Funding: loans stand at 71.21% of deposits as of Q4 2008.

Financial Results

Return on Assets (quarter, annualized)

0.33%-34 bps YoY

Net Interest Margin (quarter, annualized)

2.73%+45 bps YoY

Efficiency Ratio (quarter, annualized)

63.62%-241 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets0.67%0.82%0.73%0.90%0.33%-34 bps
Return on Equity4.66%5.33%4.54%5.58%2.03%-263 bps
Net Interest Margin2.28%2.61%2.58%2.85%2.73%+45 bps
Efficiency Ratio66.03%59.88%63.68%58.14%63.62%-241 bps
Non-Interest Burden1.55%1.57%1.70%1.67%1.76%+21 bps
Growth
Asset Growth (YoY)-4.18%-10.40%-11.37%-11.61%-9.05%-487 bps
Loan Growth (YoY)14.89%-1.81%11.49%11.04%4.20%-1,069 bps
Deposit Growth (YoY)-12.74%-3.60%-7.52%-6.38%-0.92%+1,182 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.17%0.23%0.00%0.22%1.27%+111 bps
Allowance / Loans1.35%1.38%1.23%1.23%1.38%+3 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 Capital14.92%15.77%14.73%14.95%16.19%+127 bps
Equity / Assets14.86%16.12%16.06%16.36%16.64%+178 bps
Liquidity & Funding
Loans / Deposits67.71%63.08%74.94%75.66%71.21%+350 bps
Liquid Assets / Assets0.56%1.57%0.26%2.32%0.27%-29 bps
CRE / Total Capitaln/an/an/an/an/an/an/a