PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

National Bank of Oak Harbor, The

Oak Harbor, OH · Cert 14528

FDIC

Q3 2013

$228.3MAssets
$177.2MLoans
$197.4MDeposits
$21.0MEquity
Loan mix
86%RE $112.8M5%C&I $7.1M9%Consumer $11.8MQ3 2012Q3 2013
Deposit mix
82%Interest-bearing $161.1M18%Noninterest $36.3MQ3 2012Q3 2013

NIM

4.80%Q3 ’114.73%Q3 ’124.45%Q3 ’13+7%-4%

Non-interest income vs. expense

3.26%Q3 ’113.30%Q3 ’123.31%Q3 ’13-3%+3%

Executive Summary

  • Earnings: ROA of 0.75%, down 2 bps year over year; NIM at 3.79%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.11%.
  • Funding: loans stand at 89.74% of deposits as of Q3 2013.

Financial Results

Return on Assets (quarter, annualized)

0.75%-2 bps YoY

Net Interest Margin (quarter, annualized)

3.79%-14 bps YoY

Efficiency Ratio (quarter, annualized)

71.19%+329 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.78%1.09%0.64%0.86%0.75%-2 bps
Return on Equity8.49%12.08%6.91%9.36%8.30%-19 bps
Net Interest Margin3.92%3.92%3.75%3.83%3.79%-14 bps
Efficiency Ratio67.90%63.94%73.91%65.71%71.19%+329 bps
Non-Interest Burden2.36%2.14%2.51%2.23%2.45%+8 bps
Growth
Asset Growth (YoY)3.61%4.38%3.40%3.78%2.32%-129 bps
Loan Growth (YoY)10.27%9.29%8.10%6.41%1.48%-879 bps
Deposit Growth (YoY)5.21%6.53%6.94%3.18%4.86%-35 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.46%0.06%0.30%-0.02%-0.11%-57 bps
Allowance / Loans1.05%1.11%1.13%1.20%1.33%+28 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 Capital13.92%13.92%14.02%13.96%14.46%+54 bps
Equity / Assets8.87%9.13%9.39%8.95%9.18%+32 bps
Liquidity & Funding
Loans / Deposits92.72%93.63%92.79%92.02%89.74%-298 bps
Liquid Assets / Assets3.09%2.42%3.16%4.34%6.39%+330 bps
CRE / Total Capitaln/an/an/an/an/an/an/a