PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Bank of Commerce

Udall, KS · Cert 15524

FDIC

Q2 2004

$8.4MAssets
$2.1MLoans
$7.3MDeposits
$1.0MEquity
Deposit mix
71%Interest-bearing $5.2M29%Noninterest $2.1MQ2 2003Q2 2004

NIM

4.92%Q2 ’023.86%Q2 ’033.34%Q2 ’04-20%-11%

Non-interest income vs. expense

3.09%Q2 ’022.74%Q2 ’032.94%Q2 ’04-9%-2%

Executive Summary

  • Earnings: ROA of 0.78%, down 43 bps year over year; NIM at 3.01%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.10%.
  • Funding: loans stand at 28.37% of deposits as of Q2 2004.

Financial Results

Return on Assets (YTD, annualized)

0.78%-43 bps YoY

Net Interest Margin (YTD, annualized)

3.01%-38 bps YoY

Efficiency Ratio (YTD, annualized)

78.26%+807 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets1.21%1.13%0.52%0.47%0.78%-43 bps
Return on Equity9.00%8.46%3.93%3.99%6.52%-248 bps
Net Interest Margin3.39%3.40%3.27%3.00%3.01%-38 bps
Efficiency Ratio70.19%70.78%84.83%85.71%78.26%+807 bps
Non-Interest Burden2.23%2.25%2.69%2.49%2.20%-3 bps
Growth
Asset Growth (YoY)9.14%11.79%9.07%12.25%5.94%-320 bps
Loan Growth (YoY)-9.80%-3.93%-2.01%-3.99%5.69%+1,548 bps
Deposit Growth (YoY)10.84%13.86%10.88%14.47%7.50%-335 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.10%+10 bps
Allowance / Loans1.52%1.51%1.54%1.58%1.39%-13 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 Capital46.89%46.66%45.53%42.70%44.02%-287 bps
Equity / Assets13.52%13.32%12.72%10.97%12.28%-123 bps
Liquidity & Funding
Loans / Deposits28.85%28.01%28.50%23.31%28.37%-49 bps
Liquid Assets / Assets31.16%30.02%32.46%27.74%29.23%-193 bps
CRE / Total Capitaln/an/an/an/an/an/an/a