Belgrade, MT · Cert 15276
FDIC
Q4 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2002, the quarter ended December 31, 2002, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Belgrade, MT · Cert 15276
FDIC
Q4 2002
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q1 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.03% | 0.41% | 0.74% | 0.77% | 1.16% | 1.23% | 1.04% | 1.00% | +24 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | 7.44% | 8.03% | 6.94% | 6.76% | n/a | |
| Net Interest Margin | 5.13% | 5.34% | 4.90% | 4.73% | 5.11% | 4.99% | 4.82% | 4.90% | +17 bps | |
| Efficiency Ratio | 92.62% | 92.24% | 75.25% | 74.16% | 60.72% | 57.61% | 61.52% | 60.99% | -1,317 bps | |
| Non-Interest Burden | 4.68% | 4.85% | 3.37% | 3.18% | 2.75% | 2.53% | 2.67% | 2.69% | -49 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.84% | 13.75% | 26.22% | 20.56% | 22.82% | 22.03% | 23.26% | 17.24% | -332 bps | |
| Loan Growth (YoY) | 4.80% | 6.47% | 26.23% | 31.48% | 25.69% | 17.76% | 3.08% | 0.84% | -3,064 bps | |
| Deposit Growth (YoY) | -0.09% | 2.23% | 14.72% | 24.39% | 27.02% | 33.27% | 29.80% | 20.66% | -373 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.11% | 0.09% | 0.09% | 0.10% | 2.44% | 1.15% | 0.97% | 0.91% | +81 bps | |
| Allowance / Loans | 1.96% | 1.76% | 1.55% | 1.50% | 1.13% | 1.37% | 1.59% | 1.74% | +24 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 12.30% | 12.62% | 41.26% | 13.64% | 13.91% | 13.95% | 14.32% | 14.42% | +78 bps | |
| Equity / Assets | 18.03% | 18.01% | 16.26% | 15.58% | 15.59% | 14.89% | 14.13% | 14.33% | -125 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 82.85% | 90.78% | 91.42% | 86.87% | 81.98% | 80.21% | 72.60% | 72.61% | -1,427 bps | |
| Liquid Assets / Assets | 0.05% | 0.09% | 0.01% | 0.03% | 0.05% | 0.26% | 0.14% | 0.03% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |