PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Hancock County Bank & Trust

Garner, IA · Cert 13984

FDIC

Q1 2003

$123.3MAssets
$63.8MLoans
$94.6MDeposits
$12.9MEquity
Loan mix
77%RE $24.0M23%C&I $7.2M0%Consumer $0.0MQ2 2001Q1 2003
Deposit mix
91%Interest-bearing $86.0M9%Noninterest $8.6MQ2 2001Q1 2003

Executive Summary

  • Earnings: ROA of 0.82%, down 25 bps year over year; NIM at 2.25%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.04%.
  • Funding: loans stand at 67.43% of deposits as of Q1 2003.

Return on Assets (YTD, annualized)

0.82%-25 bps YoY

Net Interest Margin (YTD, annualized)

2.25%-45 bps YoY

Efficiency Ratio (YTD, annualized)

57.96%+303 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

6.92%Q1 ’015.79%Q1 ’024.68%Q1 ’03+3%-17%

Non-interest income vs. expense

1.92%Q1 ’011.73%Q1 ’021.62%Q1 ’03-12%-16%

Year to date, annualized, through each quarter.

MetricQ2 2001Q3 2001Q4 2001Q1 2002Q2 2002Q3 2002Q4 2002Q1 2003YoY ΔTrend
Earnings
Return on Assets0.96%0.76%0.76%1.07%1.05%1.06%1.00%0.82%-25 bps
Return on Equityn/an/an/a11.68%11.17%11.33%10.64%8.20%-348 bps
Net Interest Margin2.71%2.64%2.58%2.70%2.70%2.58%2.48%2.25%-45 bps
Efficiency Ratio59.09%58.39%59.66%54.93%52.96%53.35%50.25%57.96%+303 bps
Non-Interest Burden1.41%1.36%1.36%1.28%1.23%1.18%1.04%1.08%-20 bps
Growth
Asset Growth (YoY)1.10%2.95%8.21%18.25%10.53%23.57%12.75%1.16%-1,709 bps
Loan Growth (YoY)13.82%6.19%5.80%2.27%2.84%4.27%20.55%22.10%+1,982 bps
Deposit Growth (YoY)13.12%12.44%12.16%10.10%-1.09%9.72%10.78%12.49%+239 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.75%1.12%0.83%0.07%0.42%0.27%0.62%-0.04%-11 bps
Allowance / Loans1.41%1.52%1.65%1.67%1.55%1.52%1.37%1.48%-18 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital13.26%13.61%13.65%13.91%14.12%14.01%13.44%14.04%+13 bps
Equity / Assets9.93%10.25%9.45%8.94%9.81%9.32%9.70%10.43%+149 bps
Liquidity & Funding
Loans / Deposits66.24%65.69%64.70%62.13%68.87%62.42%70.40%67.43%+530 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%6.25%12.98%+1,298 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a