PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Bank of Herrin, The

Herrin, IL · Cert 15486

FDIC

Q4 2006

$145.0MAssets
$87.3MLoans
$129.6MDeposits
$14.7MEquity
Loan mix
66%RE $31.7M34%C&I $16.1M0%Consumer $0.0MQ4 2005Q4 2006
Deposit mix
88%Interest-bearing $113.8M12%Noninterest $15.8MQ4 2005Q4 2006

NIM

4.34%Q4 ’044.62%Q4 ’055.52%Q4 ’06-2%+8%

Non-interest income vs. expense

2.15%Q4 ’042.24%Q4 ’052.55%Q4 ’06+4%+18%

Executive Summary

  • Earnings: ROA of 1.00%, down 11 bps year over year; NIM at 3.45%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.06%.
  • Funding: loans stand at 67.39% of deposits as of Q4 2006.

Financial Results

Return on Assets (YTD, annualized)

1.00%-11 bps YoY

Net Interest Margin (YTD, annualized)

3.45%+25 bps YoY

Efficiency Ratio (YTD, annualized)

63.55%+378 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2005Q1 2006Q2 2006Q3 2006Q4 2006YoY ΔTrend
Earnings
Return on Assets1.11%0.89%1.10%1.19%1.00%-11 bps
Return on Equity10.40%8.82%11.06%11.98%10.00%-41 bps
Net Interest Margin3.20%3.28%3.27%3.33%3.45%+25 bps
Efficiency Ratio59.77%66.47%59.50%57.00%63.55%+378 bps
Non-Interest Burden1.69%1.97%1.72%1.67%1.99%+30 bps
Growth
Asset Growth (YoY)3.60%7.52%8.80%8.17%7.14%+355 bps
Loan Growth (YoY)11.93%20.98%23.76%26.36%19.64%+772 bps
Deposit Growth (YoY)2.25%8.25%9.92%8.62%9.52%+727 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.03%0.00%0.01%0.01%0.06%+2 bps
Allowance / Loans0.54%0.54%0.52%0.49%0.44%-11 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 Capital19.32%16.83%16.77%16.85%16.63%-269 bps
Equity / Assets10.63%9.53%9.61%10.07%10.13%-50 bps
Liquidity & Funding
Loans / Deposits61.69%62.23%63.86%67.84%67.39%+570 bps
Liquid Assets / Assets0.49%0.48%0.40%0.28%0.27%-22 bps
CRE / Total Capitaln/an/an/an/an/an/an/a