PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Rock River Bank of Oregon

Oregon, IL · Cert 15302

FDIC

Q2 2009

$74.8MAssets
$49.6MLoans
$74.9MDeposits
$-392KEquity
Loan mix
88%RE $27.3M11%C&I $3.5M1%Consumer $0.2MQ2 2008Q2 2009
Deposit mix
87%Interest-bearing $65.1M13%Noninterest $9.8MQ2 2008Q2 2009

NIM

6.74%Q2 ’075.83%Q2 ’084.28%Q2 ’09+4%-35%

Non-interest income vs. expense

3.20%Q2 ’072.54%Q2 ’084.51%Q2 ’09-28%+95%

Executive Summary

  • Earnings: ROA of -3.67%, down 487 bps year over year; NIM at 2.48%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.32%.
  • Funding: loans stand at 66.22% of deposits as of Q2 2009.

Financial Results

Return on Assets (quarter, annualized)

-3.67%-487 bps YoY

Net Interest Margin (quarter, annualized)

2.48%-136 bps YoY

Efficiency Ratio (quarter, annualized)

147.65%+8,946 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets1.21%1.68%-7.26%-24.67%-3.67%-487 bps
Return on Equity19.28%26.91%-128.82%-846%-2245%-226,444 bps
Net Interest Margin3.84%3.85%3.21%2.97%2.48%-136 bps
Efficiency Ratio58.19%51.42%85.77%83.84%147.65%+8,946 bps
Non-Interest Burden2.02%1.46%2.74%2.38%3.94%+192 bps
Growth
Asset Growth (YoY)-5.74%1.20%-11.42%-19.29%-15.41%-967 bps
Loan Growth (YoY)17.87%7.76%1.62%-11.58%-11.94%-2,980 bps
Deposit Growth (YoY)-12.22%-5.91%10.21%16.26%9.74%+2,195 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.03%1.72%6.66%0.01%0.32%+35 bps
Allowance / Loans0.76%0.36%1.43%3.28%3.46%+270 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 Capital10.61%11.04%10.46%1.74%0.00%-1,061 bps
Equity / Assets6.26%6.19%5.00%0.83%-0.52%-678 bps
Liquidity & Funding
Loans / Deposits82.52%83.00%81.43%66.52%66.22%-1,630 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%5.06%+505 bps
CRE / Total Capitaln/an/an/an/an/an/an/a