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Bank of Bertrand

Bertrand, NE · Cert 15267

FDIC

Q4 2012

$47.2MAssets
$21.8MLoans
$39.3MDeposits
$6.0MEquity
Loan mix
57%RE $4.6M20%C&I $1.6M23%Consumer $1.8MQ4 2011Q4 2012
Deposit mix
68%Interest-bearing $26.7M32%Noninterest $12.6MQ4 2011Q4 2012

NIM

3.98%Q4 ’103.81%Q4 ’113.31%Q4 ’12+1%-10%

Non-interest income vs. expense

2.56%Q4 ’102.32%Q4 ’112.18%Q4 ’12-9%-9%

Executive Summary

  • Earnings: ROA of 0.61%, down 12 bps year over year; NIM at 2.71%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.18%.
  • Funding: loans stand at 55.49% of deposits as of Q4 2012.

Financial Results

Return on Assets (quarter, annualized)

0.61%-12 bps YoY

Net Interest Margin (quarter, annualized)

2.71%-29 bps YoY

Efficiency Ratio (quarter, annualized)

72.55%+117 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2011Q1 2012Q2 2012Q3 2012Q4 2012YoY ΔTrend
Earnings
Return on Assets0.74%0.46%0.52%0.67%0.61%-12 bps
Return on Equity4.98%3.32%3.84%4.76%4.51%-47 bps
Net Interest Margin3.00%2.47%2.52%2.96%2.71%-29 bps
Efficiency Ratio71.38%78.75%75.08%69.23%72.55%+117 bps
Non-Interest Burden2.07%1.89%1.83%1.95%1.89%-19 bps
Growth
Asset Growth (YoY)11.06%7.56%9.03%5.27%18.09%+703 bps
Loan Growth (YoY)-5.26%-10.38%-5.19%-6.31%0.30%+555 bps
Deposit Growth (YoY)15.72%12.38%11.64%6.29%27.13%+1,141 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.17%-0.14%0.39%0.07%-0.18%-35 bps
Allowance / Loans1.01%1.13%0.91%0.93%0.96%-4 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 Capital22.85%24.18%22.38%23.68%22.75%-10 bps
Equity / Assets14.43%13.51%13.44%14.71%12.64%-179 bps
Liquidity & Funding
Loans / Deposits70.33%59.86%67.36%67.09%55.49%-1,484 bps
Liquid Assets / Assets29.72%35.30%36.19%33.03%27.60%-212 bps
CRE / Total Capitaln/an/an/an/an/an/an/a