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State Bank of Blue Rapids

Blue Rapids, KS · Cert 15057

FDIC · 1 branch

Q2 2017

$45.6MAssets
$24.6MLoans
$40.2MDeposits
$5.1MEquity
Loan mix
60%RE $10.8M17%C&I $3.1M22%Consumer $4.0MQ2 2016Q2 2017
Deposit mix
87%Interest-bearing $34.9M13%Noninterest $5.3MQ2 2016Q2 2017

NIM

2.82%Q2 ’153.08%Q2 ’163.16%Q2 ’17+10%+4%

Non-interest income vs. expense

2.29%Q2 ’152.49%Q2 ’162.54%Q2 ’17+7%-1%

Executive Summary

  • Earnings: ROA of 0.18%, down 22 bps year over year; NIM at 2.85%.
  • Asset quality: problem loans at 0.89% of loans (+89 bps YoY), with net charge-offs at 0.55%.
  • Capital: tier 1 leverage ratio of 11.19%, up 14 bps from a year ago.
  • Funding: loans stand at 61.07% of deposits as of Q2 2017.

Financial Results

Return on Assets (quarter, annualized)

0.18%-22 bps YoY

Net Interest Margin (quarter, annualized)

2.85%+10 bps YoY

Efficiency Ratio (quarter, annualized)

78.69%-292 bps YoY

Tier 1 Leverage Ratio

11.19%+14 bps YoY

Discrete quarter, annualized.

MetricQ2 2016Q3 2016Q4 2016Q1 2017Q2 2017YoY ΔTrend
Earnings
Return on Assets0.40%0.37%0.19%0.53%0.18%-22 bps
Return on Equity3.61%3.36%1.74%4.85%1.66%-195 bps
Net Interest Margin2.75%2.74%2.72%2.75%2.85%+10 bps
Efficiency Ratio81.61%79.33%90.70%83.01%78.69%-292 bps
Non-Interest Burden2.19%2.10%2.44%2.23%2.16%-3 bps
Growth
Asset Growth (YoY)-3.82%0.32%0.61%1.50%-1.37%+244 bps
Loan Growth (YoY)0.98%-0.21%2.38%0.77%2.04%+106 bps
Deposit Growth (YoY)-4.84%0.08%0.66%1.70%-1.38%+346 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.77%0.89%+89 bps
Net Charge-Offs / Loans-0.02%0.00%0.00%0.03%0.55%+57 bps
Allowance / Loans1.06%1.05%1.01%1.03%0.99%-7 bps
Allowance Coverage of NPLsn/an/an/a1.3x1.1xn/a
Capital
Tier 1 Leverage Ratio11.05%10.89%10.72%10.92%11.19%+14 bps
Total Risk-Based Capital21.85%21.60%20.84%22.04%21.96%+11 bps
Equity / Assets11.10%11.08%10.66%11.07%11.14%+4 bps
Liquidity & Funding
Loans / Deposits59.02%59.57%60.26%60.61%61.07%+205 bps
Liquid Assets / Assets0.50%0.51%0.43%0.44%0.44%-7 bps
CRE / Total Capitaln/an/an/an/an/an/an/a