Viroqua, WI · Cert 15403
FDIC
Q4 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2008, the quarter ended December 31, 2008, 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.
Viroqua, WI · Cert 15403
FDIC
Q4 2008
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 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.13% | 1.25% | 1.22% | 1.20% | 1.14% | 1.15% | 1.09% | 1.02% | -18 bps | |
| Return on Equity | 12.22% | 13.53% | 13.30% | 13.09% | 12.59% | 12.63% | 11.94% | 11.14% | -195 bps | |
| Net Interest Margin | 3.66% | 3.62% | 3.56% | 3.45% | 3.55% | 3.58% | 3.59% | 3.61% | +17 bps | |
| Efficiency Ratio | 59.33% | 56.31% | 56.61% | 56.88% | 56.94% | 56.12% | 58.02% | 58.95% | +207 bps | |
| Non-Interest Burden | 1.98% | 1.78% | 1.77% | 1.73% | 1.74% | 1.72% | 1.82% | 1.90% | +17 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.44% | 4.01% | 8.45% | 7.30% | 5.67% | 1.55% | -4.87% | -8.02% | -1,532 bps | |
| Loan Growth (YoY) | 2.16% | -0.13% | 5.03% | 4.32% | 4.37% | 1.11% | 1.79% | -0.94% | -526 bps | |
| Deposit Growth (YoY) | 5.72% | 7.64% | 9.30% | 7.76% | 4.06% | 2.52% | -4.88% | -8.14% | -1,591 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 | 0.06% | 0.12% | 0.09% | 0.28% | 1.18% | 0.63% | 0.47% | 0.38% | +10 bps | |
| Allowance / Loans | 1.38% | 1.36% | 1.36% | 1.19% | 0.92% | 0.99% | 0.98% | 1.09% | -10 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 | 12.38% | 12.17% | 12.20% | 12.52% | 11.89% | 12.01% | 11.60% | 12.21% | -31 bps | |
| Equity / Assets | 9.25% | 9.17% | 9.04% | 9.02% | 9.13% | 9.12% | 9.08% | 9.24% | +22 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.80% | 91.33% | 88.91% | 86.43% | 92.07% | 90.08% | 95.14% | 93.20% | +677 bps | |
| Liquid Assets / Assets | 0.19% | 0.10% | 0.02% | 0.00% | 0.07% | 0.06% | 0.05% | 0.04% | +3 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |