PackageTrendsPeer
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First Bank & Trust Company

Glidden, IA · Cert 15034

FDIC

Q2 2006

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2006, the quarter ended June 30, 2006, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First Bank & Trust Company

Glidden, IA · Cert 15034

FDIC

Q2 2006

$57.2MAssets
$39.9MLoans
$43.6MDeposits
$7.9MEquity
Deposit mix
88%Interest-bearing $38.5M12%Noninterest $5.1MQ2 2005Q2 2006

NIM

4.95%Q2 ’045.13%Q2 ’055.70%Q2 ’06+6%+3%

Non-interest income vs. expense

2.14%Q2 ’042.26%Q2 ’051.77%Q2 ’06+7%-25%

Executive Summary

  • Earnings: ROA of 2.12%, up 56 bps year over year; NIM at 3.67%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 91.38% of deposits as of Q2 2006.

Financial Results

Return on Assets (YTD, annualized)

2.12%+56 bps YoY

Net Interest Margin (YTD, annualized)

3.67%+11 bps YoY

Efficiency Ratio (YTD, annualized)

44.21%-1,372 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2005Q3 2005Q4 2005Q1 2006Q2 2006YoY ΔTrend
Earnings
Return on Assets1.56%1.60%1.86%1.96%2.12%+56 bps
Return on Equity12.48%12.56%14.43%14.41%15.49%+301 bps
Net Interest Margin3.56%3.50%3.59%3.61%3.67%+11 bps
Efficiency Ratio57.93%56.61%49.83%46.90%44.21%-1,372 bps
Non-Interest Burden1.92%1.83%1.61%1.54%1.44%-49 bps
Growth
Asset Growth (YoY)0.78%-1.79%-5.46%-5.53%-3.89%-466 bps
Loan Growth (YoY)5.97%3.07%-3.65%-2.06%-0.82%-679 bps
Deposit Growth (YoY)-1.72%-0.67%-2.52%-4.94%-2.79%-107 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.10%0.00%-0.01%-1 bps
Allowance / Loans1.99%1.96%2.04%2.02%1.92%-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 Capital19.62%19.88%21.25%20.96%20.63%+101 bps
Equity / Assets12.92%13.33%13.51%13.74%13.77%+85 bps
Liquidity & Funding
Loans / Deposits89.56%93.59%81.29%86.75%91.38%+181 bps
Liquid Assets / Assets28.82%26.96%27.35%28.24%26.33%-249 bps
CRE / Total Capitaln/an/an/an/an/an/an/a