Meriden, KS · Cert 13734
FDIC
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, 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.
Meriden, KS · Cert 13734
FDIC
Q1 2004
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 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.16% | 0.13% | 0.14% | -1.62% | 0.51% | 0.29% | -0.06% | -0.88% | +74 bps | |
| Return on Equity | 1.38% | 1.15% | 1.30% | -15.80% | 4.89% | 2.72% | -0.56% | -8.43% | +737 bps | |
| Net Interest Margin | 4.09% | 4.10% | 3.99% | 3.83% | 0.43% | 1.54% | 2.10% | 3.87% | +3 bps | |
| Efficiency Ratio | 95.46% | 96.39% | 96.03% | 134.98% | 44.86% | 88.46% | 93.35% | 108.40% | -2,658 bps | |
| Non-Interest Burden | 3.88% | 3.93% | 3.81% | 5.47% | -0.16% | 1.24% | 2.17% | 4.72% | -75 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 11.52% | 10.42% | 11.25% | -0.39% | -7.34% | -11.57% | -15.87% | -11.85% | -1,147 bps | |
| Loan Growth (YoY) | 7.18% | 3.09% | 2.81% | 0.09% | -28.86% | -22.26% | -17.39% | -12.63% | -1,272 bps | |
| Deposit Growth (YoY) | 26.43% | 19.74% | 17.89% | 1.22% | -6.02% | -11.26% | -18.07% | -11.98% | -1,321 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 | 0.21% | 0.11% | 0.05% | -0.21% | -0.07% | -0.50% | -0.35% | -0.34% | -13 bps | |
| Allowance / Loans | 0.97% | 1.00% | 1.01% | 1.08% | 3.89% | 3.98% | 3.68% | 3.62% | +254 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 | 14.84% | 13.96% | 14.19% | 13.72% | 10.37% | 10.22% | 10.21% | 9.89% | -384 bps | |
| Equity / Assets | 11.60% | 11.00% | 10.27% | 10.28% | 10.90% | 11.13% | 10.55% | 10.39% | +11 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.44% | 84.66% | 79.14% | 80.83% | 66.94% | 74.16% | 79.80% | 80.24% | -59 bps | |
| Liquid Assets / Assets | 0.45% | 0.44% | 0.41% | 0.42% | 0.48% | 0.50% | 0.48% | 0.45% | +3 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |