Corning, IA · Cert 13997
FDIC
Q3 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2002, the quarter ended September 30, 2002, 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.
Corning, IA · Cert 13997
FDIC
Q3 2002
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 | Q4 2000 | Q1 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.43% | 1.36% | 0.91% | 0.70% | 0.68% | 0.27% | 0.18% | 0.30% | -40 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | n/a | 2.69% | 1.79% | 2.97% | n/a | |
| Net Interest Margin | n/a | 4.80% | 4.46% | 4.36% | 4.18% | 4.07% | 3.98% | 4.09% | -26 bps | |
| Efficiency Ratio | n/a | 69.58% | 77.04% | 81.06% | 81.58% | 89.32% | 91.09% | 88.47% | +742 bps | |
| Non-Interest Burden | n/a | 3.19% | 3.31% | 3.43% | 3.32% | 3.59% | 3.58% | 3.56% | +13 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.79% | 8.33% | 8.79% | 13.49% | 1.31% | -0.57% | -0.67% | -2.51% | -1,599 bps | |
| Loan Growth (YoY) | 9.09% | 23.29% | -14.88% | 29.68% | 0.88% | -10.93% | 10.42% | -6.93% | -3,661 bps | |
| Deposit Growth (YoY) | 11.61% | 1.56% | 6.34% | 7.72% | -2.65% | -0.30% | -0.75% | -3.10% | -1,082 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 | n/a | -0.04% | -0.03% | -0.01% | -0.02% | 0.00% | 0.00% | 0.00% | +1 bps | |
| Allowance / Loans | n/a | 0.70% | 0.91% | 0.77% | 0.87% | 1.00% | 0.97% | 0.90% | +13 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 | n/a | 14.37% | 15.95% | 13.25% | 13.85% | 15.93% | 15.47% | 14.83% | +158 bps | |
| Equity / Assets | n/a | 10.04% | 9.73% | 9.98% | 9.77% | 10.17% | 10.03% | 10.54% | +57 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.12% | 82.95% | 67.63% | 88.63% | 81.98% | 74.10% | 75.25% | 85.12% | -350 bps | |
| Liquid Assets / Assets | 0.00% | 9.81% | 10.51% | 9.81% | 9.84% | 9.49% | 12.18% | 13.17% | +336 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |