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Markesan State Bank

Markesan, WI · Cert 1517

FDIC · 4 branches

Q3 2019

$110.5MAssets
$72.4MLoans
$102.5MDeposits
$5.7MEquity
Loan mix
91%RE $54.7M8%C&I $4.6M2%Consumer $1.1MQ3 2018Q3 2019
Deposit mix
67%Interest-bearing $68.7M33%Noninterest $33.8MQ3 2018Q3 2019

NIM

4.00%Q3 ’173.66%Q3 ’18-5.50%Q3 ’19-8%-260%

Non-interest income vs. expense

3.10%Q3 ’173.04%Q3 ’18-3.74%Q3 ’19+3%-240%

Financial Results

Return on Assets (quarter, annualized)

-0.07%+98 bps YoY

Net Interest Margin (quarter, annualized)

-4.80%-780 bps YoY

Efficiency Ratio (quarter, annualized)

88.34%-297 bps YoY

Tier 1 Leverage Ratio

4.30%-310 bps YoY

Discrete quarter, annualized.

MetricQ3 2018Q4 2018Q1 2019Q2 2019Q3 2019YoY ΔTrend
Return on Assets-1.06%-1.62%0.17%-1.22%-0.07%+98 bps
Net Interest Margin3.00%3.10%4.13%3.90%-4.80%-780 bps
Non-Interest Burden2.68%3.33%3.19%3.39%-3.76%-644 bps
Loan Growth (YoY)-17.82%-20.23%-15.88%-17.87%-25.11%-729 bps
Nonperforming Loans / Loans31.05%28.04%27.90%23.72%24.20%-685 bps
Allowance / Loans5.29%3.93%2.74%2.85%0.65%-464 bps
Tier 1 Leverage Ratio7.40%7.32%7.80%7.88%4.30%-310 bps
Equity / Assets8.36%8.15%8.70%8.76%5.16%-320 bps
Liquid Assets / Assets4.69%4.64%4.27%7.51%3.01%-168 bps