PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Bank of Montgomery County

Mount Ida, AR · Cert 13593

FDIC

Q1 2005

$75.9MAssets
$40.2MLoans
$60.7MDeposits
$6.2MEquity
Loan mix
49%RE $13.3M51%C&I $13.8M0%Consumer $0.0MQ1 2004Q1 2005
Deposit mix
83%Interest-bearing $50.7M17%Noninterest $10.0MQ1 2004Q1 2005

NIM

5.46%Q1 ’034.80%Q1 ’044.84%Q1 ’05-1%+2%

Non-interest income vs. expense

1.79%Q1 ’031.91%Q1 ’041.89%Q1 ’05+4%-18%

Executive Summary

  • Earnings: ROA of 1.37%, up 17 bps year over year; NIM at 3.50%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
  • Funding: loans stand at 66.18% of deposits as of Q1 2005.

Financial Results

Return on Assets (quarter, annualized)

1.37%+17 bps YoY

Net Interest Margin (quarter, annualized)

3.50%+6 bps YoY

Efficiency Ratio (quarter, annualized)

45.78%-429 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2004Q2 2004Q3 2004Q4 2004Q1 2005YoY ΔTrend
Earnings
Return on Assets1.20%1.14%1.31%1.57%1.37%+17 bps
Return on Equity10.53%9.79%10.97%13.05%13.79%+326 bps
Net Interest Margin3.44%3.23%3.47%3.84%3.50%+6 bps
Efficiency Ratio50.07%51.29%47.53%41.44%45.78%-429 bps
Non-Interest Burden1.54%1.46%1.44%1.37%1.27%-27 bps
Growth
Asset Growth (YoY)-3.20%-4.12%-4.67%-5.33%-0.17%+303 bps
Loan Growth (YoY)-1.54%-7.35%11.50%-3.26%-6.52%-498 bps
Deposit Growth (YoY)-3.30%-2.89%-4.52%-6.23%0.18%+349 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.17%-0.03%-0.02%-0.04%-0.02%-19 bps
Allowance / Loans1.63%1.65%1.44%1.68%1.78%+16 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 Capital22.57%23.42%22.84%22.99%15.85%-673 bps
Equity / Assets11.76%11.55%12.25%11.75%8.21%-355 bps
Liquidity & Funding
Loans / Deposits70.92%67.50%81.58%71.26%66.18%-475 bps
Liquid Assets / Assets26.24%30.66%20.71%19.84%18.03%-822 bps
CRE / Total Capitaln/an/an/an/an/an/an/a