Darlington, IN · Cert 14632
FDIC
Q1 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2003, the quarter ended March 31, 2003, 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.
Darlington, IN · Cert 14632
FDIC
Q1 2003
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 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.66% | 0.37% | 0.25% | 1.80% | 1.28% | 0.74% | 0.63% | 0.37% | -143 bps | |
| Return on Equity | n/a | n/a | n/a | 14.76% | 9.40% | 5.05% | 4.20% | 2.20% | -1,256 bps | |
| Net Interest Margin | 4.02% | 3.74% | 3.46% | 5.69% | 5.53% | 5.38% | 5.02% | 4.27% | -142 bps | |
| Efficiency Ratio | 77.43% | 88.85% | 90.87% | 52.21% | 66.16% | 66.02% | 67.16% | 92.02% | +3,981 bps | |
| Non-Interest Burden | 3.06% | 3.28% | 3.11% | 2.89% | 3.60% | 3.46% | 3.27% | 3.90% | +102 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.47% | -9.36% | -13.61% | -11.36% | -16.39% | -19.64% | -6.88% | -7.78% | +358 bps | |
| Loan Growth (YoY) | -9.83% | -27.19% | -36.39% | -36.89% | -33.82% | -22.01% | -0.88% | -1.16% | +3,573 bps | |
| Deposit Growth (YoY) | 12.70% | 0.99% | -7.09% | -14.17% | -20.84% | -24.67% | -13.75% | -10.46% | +371 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 | 0.16% | 0.25% | 0.28% | 1.93% | 1.36% | 1.33% | 1.31% | 0.05% | -188 bps | |
| Allowance / Loans | 1.41% | 1.51% | 1.71% | 1.83% | 1.97% | 2.37% | 2.36% | 2.49% | +66 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 | 14.91% | 16.08% | 19.28% | 18.82% | 20.77% | 20.01% | 19.51% | 20.30% | +148 bps | |
| Equity / Assets | 9.13% | 8.96% | 9.75% | 14.63% | 16.87% | 17.63% | 16.62% | 17.05% | +242 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 85.33% | 74.43% | 67.09% | 68.10% | 71.35% | 77.06% | 77.10% | 75.17% | +707 bps | |
| Liquid Assets / Assets | 0.04% | 17.00% | 19.31% | 4.05% | 4.46% | 5.36% | 5.04% | 5.05% | +100 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |