PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Burt County State Bank

Tekamah, NE · Cert 14592

FDIC

Q2 2004

$40.8MAssets
$24.4MLoans
$34.0MDeposits
$3.2MEquity
Loan mix
24%RE $2.8M38%C&I $4.5M37%Consumer $4.4MQ2 2003Q2 2004
Deposit mix
87%Interest-bearing $29.7M13%Noninterest $4.3MQ2 2003Q2 2004

NIM

6.56%Q2 ’026.08%Q2 ’035.10%Q2 ’04+4%-13%

Non-interest income vs. expense

2.76%Q2 ’022.34%Q2 ’032.15%Q2 ’04-20%-11%

Executive Summary

  • Earnings: ROA of 1.02%, down 7 bps year over year; NIM at 3.68%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.44%.
  • Funding: loans stand at 71.74% of deposits as of Q2 2004.

Financial Results

Return on Assets (YTD, annualized)

1.02%-7 bps YoY

Net Interest Margin (YTD, annualized)

3.68%-53 bps YoY

Efficiency Ratio (YTD, annualized)

51.55%+171 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets1.09%1.15%0.95%0.99%1.02%-7 bps
Return on Equity13.83%14.44%12.02%12.85%13.21%-61 bps
Net Interest Margin4.21%4.11%3.99%3.77%3.68%-53 bps
Efficiency Ratio49.84%46.18%51.42%48.83%51.55%+171 bps
Non-Interest Burden1.86%1.63%1.81%1.59%1.65%-20 bps
Growth
Asset Growth (YoY)-4.22%-1.13%0.25%2.33%3.72%+794 bps
Loan Growth (YoY)-6.41%-9.58%-5.25%-2.68%-0.77%+564 bps
Deposit Growth (YoY)-4.93%1.04%0.61%2.82%1.12%+605 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.24%1.30%1.21%1.38%1.44%+21 bps
Allowance / Loans1.67%1.68%1.63%1.58%1.60%-7 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 Capital13.10%13.63%12.59%12.28%12.78%-32 bps
Equity / Assets7.87%8.07%7.78%7.59%7.82%-6 bps
Liquidity & Funding
Loans / Deposits73.11%70.45%73.75%72.30%71.74%-137 bps
Liquid Assets / Assets22.66%22.16%23.81%21.56%34.26%+1,160 bps
CRE / Total Capitaln/an/an/an/an/an/an/a