PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Bright National Bank, The

Flora, IN · Cert 13815

FDIC

Q3 2002

$151.5MAssets
$119.6MLoans
$112.6MDeposits
$16.2MEquity
Deposit mix
88%Interest-bearing $98.8M12%Noninterest $13.8MQ3 2001Q3 2002

NIM

8.19%Q1 ’018.24%Q3 ’016.68%Q3 ’02+8%0%

Non-interest income vs. expense

2.32%Q1 ’012.78%Q3 ’012.87%Q3 ’02+32%-5%

Executive Summary

  • Earnings: ROA of 1.29%, up 22 bps year over year; NIM at 4.15%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.11%.
  • Funding: loans stand at 106.18% of deposits as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

1.29%+22 bps YoY

Net Interest Margin (YTD, annualized)

4.15%-2 bps YoY

Efficiency Ratio (YTD, annualized)

57.21%-25 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets1.07%1.16%1.30%1.31%1.29%+22 bps
Return on Equityn/an/a11.63%11.47%11.48%n/a
Net Interest Margin4.17%4.02%3.90%3.89%4.15%-2 bps
Efficiency Ratio57.46%56.50%54.91%55.46%57.21%-25 bps
Non-Interest Burden2.11%1.95%1.76%1.80%2.01%-11 bps
Growth
Asset Growth (YoY)-1.05%-6.43%-6.62%-4.57%-10.09%-904 bps
Loan Growth (YoY)-3.16%-8.97%-10.38%-6.78%-6.42%-327 bps
Deposit Growth (YoY)-3.63%-8.64%-11.70%-9.93%-12.05%-841 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.02%0.04%0.12%0.12%0.11%+12 bps
Allowance / Loans1.69%1.73%1.74%1.73%1.69%0 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 Capital16.43%16.01%16.61%16.52%15.42%-101 bps
Equity / Assets11.55%11.11%11.27%11.80%10.69%-86 bps
Liquidity & Funding
Loans / Deposits99.80%98.42%97.72%98.88%106.18%+638 bps
Liquid Assets / Assets1.99%2.54%2.21%1.77%1.78%-21 bps
CRE / Total Capitaln/an/an/an/an/an/an/a