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Centennial Bank of the West

Eaton, CO · Cert 15515

FDIC

Q4 2007

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2007, the quarter ended December 31, 2007, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

Centennial Bank of the West

Eaton, CO · Cert 15515

FDIC

Q4 2007

$784.1MAssets
$628.7MLoans
$652.1MDeposits
$95.0MEquity
Loan mix
87%RE $433.7M12%C&I $61.1M0%Consumer $1.9MQ4 2006Q4 2007
Deposit mix
79%Interest-bearing $517.0M21%Noninterest $135.1MQ4 2006Q4 2007

NIM

4.42%Q4 ’056.24%Q4 ’066.95%Q4 ’07+21%+5%

Non-interest income vs. expense

2.22%Q4 ’052.86%Q4 ’0619.78%Q4 ’07+22%+740%

Executive Summary

  • Earnings: ROA of -14.97%, down 1,577 bps year over year; NIM at 4.17%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 3.94%.
  • Funding: loans stand at 96.41% of deposits as of Q4 2007.

Financial Results

Return on Assets (YTD, annualized)

-14.97%-1,577 bps YoY

Net Interest Margin (YTD, annualized)

4.17%+21 bps YoY

Efficiency Ratio (YTD, annualized)

59.86%+79 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2006Q1 2007Q2 2007Q3 2007Q4 2007YoY ΔTrend
Earnings
Return on Assets0.80%0.53%-0.48%-0.64%-14.97%-1,577 bps
Return on Equity3.70%2.30%-2.09%-2.75%-69.48%-7,317 bps
Net Interest Margin3.96%3.66%3.61%3.62%4.17%+21 bps
Efficiency Ratio59.07%57.55%60.82%58.90%59.86%+79 bps
Non-Interest Burden2.27%2.03%2.14%2.06%19.06%+1,679 bps
Growth
Asset Growth (YoY)-9.45%-9.41%-12.47%-12.35%-26.21%-1,677 bps
Loan Growth (YoY)-7.27%-9.70%-10.67%-16.64%-20.86%-1,358 bps
Deposit Growth (YoY)-2.88%-7.52%-9.23%-4.18%-16.06%-1,318 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.36%0.49%1.30%4.68%3.94%+358 bps
Allowance / Loans1.75%1.98%2.87%1.44%1.68%-8 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 Capital11.52%12.00%11.91%12.06%13.38%+186 bps
Equity / Assets22.59%23.42%23.39%24.10%12.11%-1,048 bps
Liquidity & Funding
Loans / Deposits102.25%102.23%100.73%97.08%96.41%-584 bps
Liquid Assets / Assets0.35%0.92%0.50%0.51%0.84%+49 bps
CRE / Total Capitaln/an/an/an/an/an/an/a