PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Simmons First Bank of Northwest Arkansas

Rogers, AR · Cert 15233

FDIC

Q3 2013

$245.6MAssets
$140.2MLoans
$200.3MDeposits
$37.7MEquity
Loan mix
88%RE $94.6M9%C&I $9.7M3%Consumer $3.6MQ4 2011Q3 2013
Deposit mix
82%Interest-bearing $164.5M18%Noninterest $35.9MQ4 2011Q3 2013

Executive Summary

  • Earnings: ROA of 0.42%, up 43 bps year over year; NIM at 2.81%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.03%.
  • Funding: loans stand at 69.99% of deposits as of Q3 2013.

Return on Assets (quarter, annualized)

0.42%+43 bps YoY

Net Interest Margin (quarter, annualized)

2.81%+3 bps YoY

Efficiency Ratio (quarter, annualized)

81.86%-1,505 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

3.40%Q3 ’113.21%Q3 ’123.13%Q3 ’13+2%+1%

Non-interest income vs. expense

3.13%Q3 ’113.28%Q3 ’123.14%Q3 ’13+25%-21%

Discrete quarter, annualized.

MetricQ4 2011Q1 2012Q2 2012Q3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.05%0.00%0.01%-0.01%0.03%0.16%0.06%0.42%+43 bps
Return on Equity0.33%0.02%0.05%-0.09%0.19%1.04%0.38%2.71%+280 bps
Net Interest Margin2.74%2.73%2.76%2.79%2.81%2.75%2.72%2.81%+3 bps
Efficiency Ratio83.04%84.44%84.53%96.91%95.45%92.23%96.46%81.86%-1,505 bps
Non-Interest Burden2.10%2.13%2.16%2.68%2.65%2.47%2.60%2.12%-57 bps
Growth
Asset Growth (YoY)-7.33%-2.31%-5.43%-4.37%-2.56%-2.72%-2.23%-1.00%+337 bps
Loan Growth (YoY)-9.24%-10.94%-9.00%-7.30%-3.90%1.59%-0.41%6.32%+1,363 bps
Deposit Growth (YoY)-5.63%-1.95%-6.33%-4.93%-2.81%-2.22%-1.79%0.05%+499 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.62%3.76%-0.61%0.29%0.16%0.45%1.56%0.03%-26 bps
Allowance / Loans2.41%1.89%2.38%2.44%2.53%2.41%2.13%2.06%-38 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital21.46%21.55%21.51%21.71%22.21%21.91%21.97%21.29%-42 bps
Equity / Assets15.00%14.54%15.01%15.12%15.41%14.98%15.34%15.37%+24 bps
Liquidity & Funding
Loans / Deposits67.66%63.17%65.73%65.86%66.90%65.63%66.66%69.99%+413 bps
Liquid Assets / Assets22.08%23.79%21.10%20.46%23.44%24.11%21.06%19.29%-117 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a